Quero Frete, a local freight services sharing startup, sold its operations to Expresso Nepomuceno, a leading logistics company in Brazil
São Paulo – Corporate Finance International (‘CFI’) is pleased to announce that they acted as the exclusive advisor to Quero Frete on its 100% sale to Expresso Nepomuceno, boosting its new digital business strategy.
Quero Frete is an app for companies, customers or truck drivers who look for affordable and faster alternatives to transport cargo. Its free downloadable tool, available online and also for Android phones, allows truck drivers, self-employed or not, to offer their freight, while companies/individuals will keep an eye on hiring them.
Amongst the top ten largest logistics companies in Brazil, Expresso Nepomuceno has been operating in the transport and logistics market for over 57 years, offering customized logistical solutions, in order to meet different customer profiles, covering all segments.
The transaction closed in Aug 2020.
Transport & Logistics

has been sold to

Transaction details
Quero Frete, a local freight services sharing startup, sold its operations to Expresso Nepomuceno, a leading logistics company in Brazil
This transaction was advised by:

Arleu Anhalt
Partner, Managing DirectorOur latest transactions
Business Services

has sold

to

and minority investor

Transaction details
Precedence, a Dutch consultancy specialised in Process Consulting, Technology Consulting, Data & AI, and People Change, is joining Sia, an international management consulting firm with a strong focus on strategy, technology and data-driven transformation