Sale of Vérios to Easynvest
Olimpia Partners advised on this M&A (sell-side) transaction involving Vérios and Easynvest, in the Fintech sector. Deal value: Confidential.
Financial advisor to Vérios
Vérios & Easynvest
Fintech · M&A (sell-side) · Confidential
Case Study
• In Nov/20, Easynvest concluded the acquisition of Vérios operations
– Easynvest is an independent investment 100% digital platform focused on retail customers
• This transaction expands Easynvest portfolio by adding Vérios robot advisory solutions, within a highly scalable product
– Vérios complementary technology and innovative team will enhance Easynvest’s investment solutions to over one million accounts
• Vérios is an automated financial advisor, with over 8 years of experience
– The only company capable to provide an algorithm-enabled individual customization of buy/sell orders
– 100% quantitative based investment portfolio with solid historical risk-weighted returns
– Over R$400 million in assets under management (AuM), over 5 thousand clients with solid deposit recurrence
– Accelerated by Startup Farm in 2017 and in 2018 e.Bricks was leader in its Series A round
• Founded in 1968, Easynvest was one of the first companies to offer financial services through internet. Today it counts with almost R$25 billion of assets under custody and 400 employees
– Broad portfolio offering over 400 products
– Easynvest was an Advent International portfolio company and was recently acquired by Nubank
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