Cypress acted as Algar Telecom’s financial advisor in the acquisition process of Smart Networks

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Algar Telecom acquired the totality of shares of Smart Networks

“Cypress advised Aviva, which is co-controlled by the Algar Group, in the process of acquiring Costa do Sauípe. This transaction was particularly complex, owing to the target’s peculiarities and the relevance of the acquisition to Aviva, which practically doubled the size with this deal. Cypress had a fundamental role in this transaction’s success, engaging a team with great experience and competence, committed with the deliveries and closing of the deal. Additionally, Cypress conducted the process with transparency and totally aligned with Aviva’s objectives.”

Clau Sganzerla, Vice-President of Strategy with the Algar Group