Business

Brazilian Locaweb announces another acquisition: the technology company Samurai, for BRL 9,8 million

Moving forward with its plan to acquire several smaller companies, Locaweb acquired a technology company that offers an ecosystem of applications compatible with several ecommerce platforms

Photo: Locaweb/LinkedIn

Moving forward with its plan to acquire several smaller companies, Brazilian Locaweb, which operates web services, announced on Wednesday the acquisition of Samurai for BRL 9,8 million.

Founded in 2019 in São Paulo, Samurai is a technology company that offers an ecosystem of applications compatible with several ecommerce platforms in the market to optimize the results of virtual stores. The acquisition reinforces the Locaweb’s strategy to serve medium and large ecommerces.

READ ALSO: Brazil’s Locaweb acquires Melhor Envio logistics platform for BRL 83 million

According to informed by Locaweb’s CFO Rafael Chamas Alves in a statement, Samurai will to offer the Yapay payment solution, the integrations with more than 30 marketplaces and Store-in-Store offered by Ideris, Melhor Envio logistics solutions, Vindi‘s recurring payment APIs and the entire marketing portfolio with Social Miner and All In for its entire customer base. 

Following Locaweb’s operating model in other acquisitions, the founding partners of Samurai, Lucas Nakamura Alves da Silva, Renan Chabbuh and Nasser Ricardo Nassif Silveira, will remain in the operation and will maintain the team of employees, which currently has 40 engineering, software and agile methodological professionals.

READ ALSO: Brazil’s Locaweb announces a follow-on offering

After raising BRL 575 million on its IPO, Locaweb executives said that the company was in advanced negotiations to acquire several smaller companies. Locaweb has recently acquired Social MinerEtusVindiMelhor Envio and Connectplug.

Get the best insights about Latin America market in your inbox