Quinto Andar

Pipeline Capital is advisor to QuintoAndar in the acquisition of Noknox

Autor: Pipeline Capital
Tempo de leitura:
Compartilhe:

Quinto Andar acquires Noknox, a digital condominium management company, in a transaction intermediated by Pipeline Capital Tech, which provided advisory and strategic support for the operation.

Noknox operates in all regions of Brazil, has almost 34,000 registered users and around 60% of users use the app every week.

The company was created in 2018 by friends Joaquim Venâncio, Alexandre Landim and Filipe Silva, who were tired of the small annoyances of everyday life in buildings – for example, that intercom ringing on Saturday at 7am to let them know that an order had arrived.

Thinking about more comfort and security in the condominiums, they developed a communication platform that connects residents to superintendents, doormen and service providers in the buildings through an application on their cell phones. Noknox notifies you if an order has arrived, controls visitor access, manages the reservation of common spaces in the building and also registers occurrences.

QuintoAndar has more than 150,000 contracts today and BRL 80 billion in assets under management, operating in more than 50 cities in Brazil. In December 2021, the company bought the Navent group and began operating in Argentina, Ecuador, Panama, Peru and Mexico. QuintoAndar’s most recent capitalization round was in August 2021, when the company raised $120 million from Greenoaks Capital and Tencent and was valued at $5.1 billion.

Check out the original article in Brazil Journal

And more articles:
at Valor Econômico
on Neofeed

Follow news through the website https://pipeline.capital
and also from LinkedIn
and Instagram

Compartilhe:
Avatar photo

Pipeline Capital

Pipeline Capital Tech Investment Group is a tech-driven advisory and investment platform that integrates intelligence, excellence, international presence, and profitable ventures for founders and investors. Established in 2012, Pipeline draws its name from a famous Hawaiian beach, as its founder is an avid surfer, symbolizing how the business world comes in waves, the opportunities rise and fade swiftly. In the business landscape, it’s crucial to be prepared to spot, anticipate, and capitalize on these waves of opportunity, so our mission is to support companies in catching the best waves and riding them with excellence to secure the best deals. We are not a traditional M&A and investment firm. Instead, we were founded and are managed by entrepreneurs who are also partners of the company. With years of expertise in Tech, Advertising, Marketing, and Finance, we possess deep knowledge of the tech sector and extensive global experience. As a Capital Tech Driven Company, we believe the best business opportunities lie in the intersection of investments and technology.

saiba mais »

Últimas Postagens

The Current State of Tech in M&A: Innovations, AI, Regulations and Trends

The world as we know it is evolving faster than ever before. Technological progress is accelerating and generating new opportunities for mergers and acquisitions

Understanding Due Diligence and its Focus on M&A

What is Due Diligence? Due Diligence refers to a systematic process of investigation, audit, or review that is performed to verify the accuracy of

Pipeline Capital advises Supersonic on its sale to Etus Media Holding

In a transaction set to transform Brazil’s digital marketing landscape, Etus Media Holding, a MAdTech firm combining Marketing, Advertising, and Technology, announced the acquisition

Do you know where your company is losing value?

Many companies are growing and generating revenue, but without realizing it, they may be losing value due to hidden factors. This happens when ineffective

Connect to the best of M&A world Subscribe to our Newsletter

Pipeline Podcast “Papo de M&A”

Pipeline Capital’s podcast on mergers and acquisitions, innovation and technology.