Accenture to buy majority stake in Brazilian mortgage processing firm

Accenture expands presence in the Brazilian mortgage market, announcing plans to acquire a majority stake in Vivere Brasil, a mortgage processing tech firm.

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Accenture Buys Majority Stake in Mortgage-Managing Firm Vivere Brasil Accenture has acquired a majority stake in Brazilian mortgage-processing technology firm Vivere Brasil Servicos e Soluces, as the global outsourcing giant tries to move deeper into Latin America’s.

Accenture has agreed to buy a majority stake in Vivere Brasil Servicos e Solucoes S.A. The acquisition is designed to expand Accenture’s mortgage-processing technology and services capabilities to help Brazilian institutions boost their efficiencies and capacity for processing loans in the country’s expanding mortgage market.

Accenture’s (ACN +2.4%), which has stepped up its M&A pace lately, has bought a majority stake in Vivere Brasil, a brazilian mortgage-processing software/services firm. terms are undisclosed. (PR).

In October, Merrill merged its Merrill Lynch Investment Managers with BlackRock Inc., the New York investment manager majority owned at the time by PNC Financial Services Group Inc. That deal halved.

Accenture Plc ACN has completed the acquisition of a majority stake in IMJ Corporation, a full-service digital agency, much ahead of the stipulated time period.The deal, which was inked this April, was initially expected to close by the year end. Notably, last Sunday, the global IT management services provider announced that it has completed the deal.

SAO PAULO, Sep 16, 2013 (BUSINESS WIRE) — Accenture ACN, +1.26% has agreed to acquire a majority stake in Vivere Brasil Servicos e Solucoes S.A. (Vivere Brasil), a leading mortgage-processing.

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Yesterday marked a successful day for Stripe when it secured a fresh funding round of 57m, valuing the online payments firm at 2.8bn. Tiger Funds took a majority stake in the company in exchange.