Sale of 100% Stake of Mandic to Claranet



Exclusive Financial Advisor to Mandic Cloud Solutions
April 2021
• In April 2021, Claranet Technology S/A (“Claranet”) completed the acquisition of Mandic Cloud Solutions (“Mandic”)
– The acquisition is aligned with Claranet’s expansion strategy to become the leader in hybrid cloud, cybersecurity and digital platform’s market
– Riverwood Capital, which has been Mandic’s main investor since 2012, will retain a minority stake in Claranet
– The deal value was undisclosed
• Founded in 1990 by Aleksandar Mandić, Mandic is considered a pioneer in Bulletin Board System (BBS) and Internet in Brazil. Currently, Mandic provides specialized cloud solutions in Infrastructure as a Service and Software as a Service
• Founded in 1996, in England, Claranet was first known as a network provider. The company evolved into a fullservice provider integrating network, hosting and managed application services
– Claranet arrived in Brazil in 2017, through the acquisition of CredibiliT Tecnologia Ltda
– After the transaction, Claranet starts to serve more than 5,000 corporate customers