Tivit targets Q3 IPO after refiling documents

Tivit targets Q3 IPO after refiling documents

Brazil Equity

Tivit Terceirizacao de Tecnologia e Servicos is aiming to price its IPO in Q3 this year, after the IT services company refiled revised documents with Brazil’s securities regulator CVM. Existing shareholders, such as controlling entity Apax Partners, will sell some of its equity in the secondary offering, while some founding members, including CEO Luiz Roberto Mattar will also participate in the transaction. The company had intended to join the wave of Brazilian equity offerings that hit screens

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