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APAX Sells Equity Stake in Neobpo

11.25.19

Simpson Thacher represented an APAX affiliated fund in the sale of its 97% equity stake in Neobpo Serviços de Processos de Negócios e Tecnologia S.A. to Sharpen Capital and Luiz Mattar. Financial terms were not disclosed.

Neobpo is a leading business process management services provider headquartered in São Paulo, Brazil. Neobpo has more than 40 corporate customers and employs more than 15,000 people across 11 facilities in Brazil.

The Simpson Thacher team included S. Todd Crider and Luiz Noronha (M&A).