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Totvs announced the purchase of 100% of the share capital of W&D Participações SA, owner of PC Sistemas, developer of business management solutions for the distribution, wholesale and retail segments. 

The acquired company earned R$ 52 million in 2012 and has more than 1,500 customers throughout Brazil, which represents 34% of the largest distributors and wholesalers in the country, according to the ranking of the Brazilian Association of Wholesalers and Distributors (ABAD). The transaction value could reach R$ 95 million.

“With this movement, Totvs reinforces its segmentation strategy, bringing to the group one more company with specific knowledge and products. For this reason, we are investing in our 26-year experience in the software market and in our team of 500 employees at PC Sistemas”, says Alexandre Dinkelmann, executive vice-president of strategy and finance at Totvs.
 

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