Ingram Micro buys Ação Informática and its subsidiaries in Latin AmericaNovember 3, 2015, by - LATIN LAWYER
Brazil’s Lefosse Advogados, Colombia’s Gómez-Pinzón Zuleta Abogados, Argentina’s Bruchou, Fernández Madero & Lombardi, Chile’s Carey, Uruguay’s Guyer & Regules, Peru’s Estudio Echecopar member firm of Baker & McKenzie International, and Ecuador’s Pérez Bustamante & Ponce Abogados have helped the Latin American arm of Californian electronics company Ingram Micro buy Brazilian IT technology distributor Ação Informática and its subsidiaries in Colombia, Argentina, Chile, Peru, Ecuador and Uruguay.
Brazil’s Souza, Cescon, Barrieu e Flesch – Advogados, Argentina’s Pérez Alati, Grondona, Benites, Arntsen & Martínez de Hoz (h) and Colombia’s Cárdenas & Cárdenas advised selling shareholders Enio Issa, Maurício David Teixeira, Vitor Luiz Schmidt and Leonardo Claudio Gannio. Ação is believed to have used in-house counsel in Chile, Ecuador, Peru and Uruguay.
Ingram Micro paid US$78 million for Ação and signed the acquisition on 16 October. The deal was governed under Brazilian law, with Brazilian law firms for both parties coordinating the legal work on each side.
The deal is the latest evidence of consolidation in Brazil’s IT sector as foreign buyers show increasing interest. In January US-based technology company ScanSource bought Brazilian communications equipment distributor Network1 and its Latin American assets in a multijurisdictional deal involving Demarest Advogados, Claro & Cía, Brigard & Urrutia Abogados, Estudio Olaechea, Basham, Ringe y Correa, and Derraik & Menezes.
Counsel to Ingram Micro
Partners Sérgio Machado, Gustavo Lian Haddad and Marcos Carvalho and associates André Calumby, Jessica Winge, Carla Gorescu, Luiz Santos, Mariana Galvão and Paulo Lilla, Pedro Simões in São Paulo
Pérez Bustamante & Ponce Abogados
Partner Diego Pérez Ordóñez and associates Carmen Simone and Juan Francisco Carrasco in Quito
Guyer & Regules
Partners Corina Bove, Nicolás Piaggio, Diego Baldomir and Leonardo Slinger and associates Sofia Anza, Fernanda Gonzalez, Maria Jose Poey, Jimena Lanzani, Carlos Estapé and Mariana Lartigau in Montevideo
Bruchou, Fernández Madero & Lombardi
Partner Mariano Luchetti and associates Exequiel Buenaventura and Agustín Ferrari in Buenos Aires
Gómez-Pinzón Zuleta Abogados
Partner Paula Samper and associates Catalina Torres Artunduaga and María Beatriz Segura in Bogotá
Partner Cristián Eyzaguirre and associates Francisco Guzmán, Sergio Mesías, Francisca Corti and Nicolás Calderón in Santiago
Estudio Echecopar member firm of Baker & McKenzie International
Partners Rafael Berckholtz and José Talledo and associates Giulliana García, Jorge Liendo and Claudia Tenorio in Lima
Counsel to Ação Informática
Souza, Cescon, Barrieu e Flesch – Advogados
Partner Tiago Peres and associates Thais Tendolini and Luiza Ozores in São Paulo
Cárdenas & Cárdenas
Partners Alberto Zuleta and Bernardo Cardenas in Bogotá
Pérez Alati, Grondona, Benites, Arntsen & Martínez de Hoz (h)
Partners Alan Arntsen and Luis Barry and associates Tomás Perez Alati and Gonzalo Guitart in Buenos Aires