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Stefanini Group completes acquisition of Brazilian Industry Leader Protega to Expand Cybersecurity Portfolio

Apr 03, 2024•over 1 year ago

Acquiring Company

Stefanini Group

Acquired Company

Protega

São CarlosArtificial IntelligenceConsultingInformation TechnologyNetwork SecurityCyber SecuritySecurityInformation Technology

Description

Stefanini Group, a $1 billion global technology company specializing in digital solutions, has acquired Protega, a leading Brazilian cybersecurity company. As part of a $200 million investment plan for new acquisitions by 2026, this acquisition reinforces Stefanini's commitment to proactive shielding companies of different sizes across many industries from financial and reputational losses. The acquisition significantly strengthens Stefanini's cybersecurity platform and consolidates its strategy of offering comprehensive service as a cybersecurity, GRC, and compliance enabler for clients around the world.

Company Information

Company

Stefanini Group

About

Stefanini is a global tech multinational, originating from Brazil, with 35 years of experience on the market and a presence in 41 countries. The company invests in a complete innovation ecosystem to serve main industry verticals and assist customers in their digital transformation. With robust offers aligned with market trends such as automation, cloud, Internet of Things (IoT) and User Experience (UX), the company has received recognitions as well as several awards in the innovation area. Currently, the Brazilian multinational has a broad portfolio, which combines innovative consulting and marketing solutions, mobility, personalized campaigns and artificial intelligence with traditional solutions such as Service Desk (with the ability to offer support in 35 languages), Field Service and outsourcing (BPO).

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed