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Clairfield advises Locaweb on the acquisition of Dooca

Locaweb, a leading company in operating web services, acquired Dooca, a virtual store platform focused on SMEs, which helps merchants to create, set up and manage their virtual stores and sell online.

Locaweb is a Brazilian pioneer and leader in IT hosted services. The company serves users ranging from individuals to large corporations through three business verticals:

  • Internet, which offers hosting services, domain registration, reseller hosting, solutions for e-mail outsourcing and e-commerce.
  • Data center,which offers cloud computing solutions, dedicated servers and secure room, besides specialized IT outsourcing services.
  • Communication, focused on offering VoIP telephony through virtual PABX services and a virtual call center.

Locaweb was founded in 1998 and had a successful IPO in 2020. Following its debut on the stock market, company shares soared over 600%. The company has approximately 900 employees. In 2020 Locaweb reported sales of BRL 488 million (USD 86million).

Dooca Commerce is a virtual store platform focused on SMEs that helps merchants to create, set up and manage their virtual stores and sell online.

s a pioneer in cloud-based services, Locaweb was a clear winner in the pandemic as companies moved to cloud-based service offerings. The company was cash-rich following a buoyant performance on the stock market.

More about company strategy: maximize customer base, expand range ofservices, and diversify portfolio.

With the acquisition of Dooca, Locaweb, which already has a prominent role and leadership in the segment, consolidates itself in this market that presented a strong acceleration in 2020. The plans for the acquisition and capture ofsynergiesinclude Dooca in the Company’srobust commerce ecosystem, offering to all Dooca’s customer base payment solutions, integrations with more than 30 marketplaces and Store-in Store, logistics solutions, recurring payment APIs and the entire digital marketing portfolio from its current subsidiaries.

Software, tech & digital

Drapeau Brazil

Acquisition

Advisor to the buy side

Sectors :

Software, tech & digital

Countries involved :

Brazil

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