São Paulo – CFI Brazil acted as the exclusive corporate finance advisor to Giga Security shareholders on the sale of a stake to Somfy.
Giga Security is one the leaders in electronic security in Brazil. The Company creates, develops and manufactures high-tech products to other companies, residences and the government.
Somfy is one of the world leaders in automatic controls for openings and closures in home and buildings operating in more than 50 countries.
CFI Brazil advised Giga Security on the development of its business plan, and with the negotiation with the buyer.
has been sold to
a portfolio company of
Seamless Distribution Systems, a Sweden-based international software company that that specializes in mobile payment services, has acquired Riaktr, a Belgian software company for advanced analytics of Big Data for telecom operators, from a consortium of Private Equity companies and other shareholders