StoneCo Announces Divestment of Software Assets

Georgetown, Cayman Islands--(Newsfile Corp. - July 22, 2025) - StoneCo Ltd. (NASDAQ: STNE) ("Stone" or the "Company") today announced significant divestments within its software segment after evaluating several strategic alternatives over the past year.

The assets included in today's announcement represented in 2024 approximately 79% of the software segment's revenue and 71% of its profitability, and 9% of StoneCo's revenues and 6% of its profitability.

These transactions aim to unlock shareholder value, streamline operations, and allow management to concentrate on StoneCo's core growth strategy.

The main developments from this review are outlined below:

1. Sale of Linx and Related Software Assets to TOTVS

StoneCo has entered into a definitive agreement to sell Linx and certain other software assets to TOTVS for an enterprise value of R$3.05 billion, plus the net cash position of these assets currently estimated at R$360 million, resulting in a total amount of R$3.41 billion. Additionally, all cash generated between signing and closing will be retained by StoneCo.

The scope of assets sold includes most of Linx's software, covering the verticals of education, retail, gas stations, automotive, drugstores, healthcare, home centers, food, people, and Napse.

The transaction is subject to customary closing conditions and regulatory approvals, including clearance by CADE, the Brazilian antitrust authority. The closing of the transaction and subsequent cash payment will occur following regulatory clearance.

The final purchase price may be subject to customary adjustments based on the duration between announcement and completion.

Importantly, the fiscal goodwill of approximately R$3.8 billion associated with StoneCo's original acquisition of Linx will remain within StoneCo and will be amortized within the group over the next 8 years.

No exclusive commercial agreement accompanies this transaction and the companies may explore potential future commercial partnerships.

2. Sale of SimplesVet to PetLove

StoneCo has sold SimplesVet, a veterinary-focused software solution, to PetLove for an enterprise value of R$140 million, representing approximately 4x revenue. This transaction has already received CADE approval. The consideration will be paid in cash, with a portion upfront and the remainder in fixed installments over three-years, adjusted by CDI, with no performance-based contingencies.

Schreibe Deinen Kommentar