H.I.G. Capital's Office Total Acquires Xsol Soluções Tecnológicas

H.I.G. Capital's Office Total Acquires Xsol Soluções Tecnológicas
31.10.2016 11:45 am

H.I.G. Capital's Office Total Acquires Xsol Soluções Tecnológicas

M&A Deals

H.I.G. Capital ("H.I.G."), a leading global private equity investment firm with more than $20 billion of equity capital under management, is pleased to announce that its portfolio company, Office Total S.A. (“Office Total”), has acquired Xsol Soluções Tecnológicas (“Xsol”). Office Total is a leading independent provider of Managed Print Services (MPS) in Brazil.

Headquartered in Rio de Janeiro, Xsol outsources and sells a wide range of office equipment including printers, projectors and monitors. Xsol also provides ongoing technical support and maintenance services to small and mid-sized clients, located primarily in Rio de Janeiro.

“Xsol represents a highly strategic and complementary acquisition for Office Total. We have known Xsol management for years and they have built an excellent reputation based on providing customers with quality service. With the merger of both companies, we will continue delivering outstanding service in collaboration with our valued employees," said Andre Vinicius, CEO of Office Total.

Fernando Marques Oliveira, Managing Director and Head of H.I.G. Latin America, said: “The merger of both companies will further solidify Office Total’s position as one of the largest independent players in the Brazilian MPS market.”

Related News

Tink acquires Eurobits Technologies

The acquisition complements Tink’s organic growth strategy to enhance its platform, increase connectivity and expand its product offering. The acquisition of Eurobits builds on... Read more »

Accuity Acquires Apply Financial to Provide Real-Time Straight Through Processing and Account Validation Payment Solutions

Accuity, a leading global provider of financial crime screening, payments, and know your customer (KYC) solutions, and part of RELX, announced today that it has acquired Apply... Read more »

Nets acquires leading Polish payment provider Polskie ePłatności (PeP)

Nets, a leading player in the European payments industry, today announces its acquisition of Polskie ePłatności (“PeP”), a... Read more »

ClearCourse acquires Bristol-based operational and digital solutions provider Felinesoft

ClearCourse Partnership LLP (“ClearCourse” or “the Group”), a group of innovative technology companies providing digital services, work-flow solutions, and payments... Read more »

Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel