StoneCo Announces Divestment of Software Assets
StoneCo (NASDAQ: STNE) has announced major divestments in its software segment, representing approximately 79% of the segment's revenue and 71% of its profitability. The company has entered into a definitive agreement to sell Linx and related software assets to TOTVS for R$3.41 billion (R$3.05 billion enterprise value plus R$360 million net cash position).
Additionally, StoneCo has sold SimplesVet to PetLove for R$140 million, representing 4x revenue. The remaining software businesses, generating R$326 million in revenues and R$32 million in Adjusted EBITDA, will either be integrated into core offerings or evaluated for strategic fit. The company plans to return excess capital to shareholders when immediate value-accretive growth opportunities are not available.
StoneCo (NASDAQ: STNE) ha annunciato importanti dismissioni nel suo segmento software, che rappresentano circa il 79% dei ricavi e il 71% della redditività del segmento. L'azienda ha siglato un accordo definitivo per la vendita di Linx e dei relativi asset software a TOTVS per 3,41 miliardi di R$ (3,05 miliardi di R$ di valore d'impresa più 360 milioni di R$ in cassa netta).
Inoltre, StoneCo ha venduto SimplesVet a PetLove per 140 milioni di R$, pari a 4 volte il fatturato. Le attività software rimanenti, che generano 326 milioni di R$ di ricavi e un EBITDA rettificato di 32 milioni di R$, saranno integrate nelle offerte principali o valutate per la loro coerenza strategica. L'azienda prevede di restituire il capitale in eccesso agli azionisti qualora non siano disponibili opportunità di crescita a valore immediato.
StoneCo (NASDAQ: STNE) ha anunciado importantes desinversiones en su segmento de software, que representan aproximadamente el 79% de los ingresos y el 71% de la rentabilidad del segmento. La compañía ha firmado un acuerdo definitivo para vender Linx y los activos de software relacionados a TOTVS por 3.410 millones de R$ (3.050 millones de R$ de valor empresarial más 360 millones de R$ en posición neta de efectivo).
Además, StoneCo ha vendido SimplesVet a PetLove por 140 millones de R$, lo que representa 4 veces los ingresos. Las actividades de software restantes, que generan 326 millones de R$ en ingresos y 32 millones de R$ en EBITDA ajustado, serán integradas en las ofertas principales o evaluadas para su encaje estratégico. La compañía planea devolver el capital excedente a los accionistas cuando no existan oportunidades de crecimiento que generen valor inmediato.
StoneCo (NASDAQ: STNE)는 소프트웨어 부문에서 약 79%의 매출과 71%의 수익성을 차지하는 주요 자산 매각을 발표했습니다. 회사는 Linx 및 관련 소프트웨어 자산을 TOTVS에 34억 1천만 R$(기업가치 30억 5천만 R$와 순현금 3억 6천만 R$ 포함)에 매각하는 최종 계약을 체결했습니다.
또한 StoneCo는 SimplesVet을 PetLove에 1억 4천만 R$에 매각했으며, 이는 매출의 4배에 해당합니다. 나머지 소프트웨어 사업은 3억 2,600만 R$ 매출과 3,200만 R$ 조정 EBITDA를 창출하며, 핵심 제품에 통합되거나 전략적 적합성을 평가받을 예정입니다. 회사는 즉각적인 가치 창출 성장 기회가 없을 경우 초과 자본을 주주에게 환원할 계획입니다.
StoneCo (NASDAQ: STNE) a annoncé d'importantes cessions dans son segment logiciel, représentant environ 79 % du chiffre d'affaires et 71 % de la rentabilité du segment. La société a conclu un accord définitif pour vendre Linx et les actifs logiciels associés à TOTVS pour 3,41 milliards de R$ (3,05 milliards de R$ de valeur d'entreprise plus 360 millions de R$ de trésorerie nette).
De plus, StoneCo a vendu SimplesVet à PetLove pour 140 millions de R$, soit 4 fois le chiffre d'affaires. Les activités logicielles restantes, générant 326 millions de R$ de revenus et 32 millions de R$ d'EBITDA ajusté, seront soit intégrées aux offres principales, soit évaluées pour leur adéquation stratégique. La société prévoit de restituer le capital excédentaire aux actionnaires lorsque des opportunités de croissance créatrices de valeur immédiate ne sont pas disponibles.
StoneCo (NASDAQ: STNE) hat bedeutende Veräußerungen im Softwaresegment angekündigt, die etwa 79 % des Umsatzes und 71 % der Profitabilität dieses Segments ausmachen. Das Unternehmen hat eine endgültige Vereinbarung zum Verkauf von Linx und zugehörigen Software-Assets an TOTVS für 3,41 Milliarden R$ (3,05 Milliarden R$ Unternehmenswert plus 360 Millionen R$ Nettokassenbestand) getroffen.
Darüber hinaus hat StoneCo SimplesVet für 140 Millionen R$ an PetLove verkauft, was dem Vierfachen des Umsatzes entspricht. Die verbleibenden Softwaregeschäfte, die 326 Millionen R$ Umsatz und 32 Millionen R$ bereinigtes EBITDA erwirtschaften, werden entweder in das Kerngeschäft integriert oder auf ihre strategische Passung geprüft. Das Unternehmen plant, überschüssiges Kapital an die Aktionäre zurückzugeben, wenn keine sofort wertsteigernden Wachstumschancen bestehen.
- Sale of Linx and related assets for R$3.41 billion total value
- Retention of R$3.8 billion fiscal goodwill from original Linx acquisition
- SimplesVet sale at attractive 4x revenue multiple
- Strategic focus on core business operations
- Potential return of capital to shareholders
- Divestment represents 9% of total company revenues
- Loss of 6% of company's overall profitability
- Transaction subject to regulatory approvals and potential price adjustments
- Remaining software businesses show relatively low profitability margins
Insights
StoneCo's R$3.55B software divestment streamlines operations while retaining tax advantages, indicating strategic refocus on core payment processing business.
StoneCo is executing a significant restructuring by divesting approximately 79% of its software segment revenue and 71% of its software segment profitability. The main transaction involves selling Linx and related software assets to TOTVS for
What makes this restructuring particularly shrewd is that StoneCo will retain the
This strategic pivot appears designed to streamline operations and refocus on StoneCo's core payment processing business. The sale prices suggest reasonable valuations in the current market, particularly the SimplesVet transaction at 4x revenue. The remaining software businesses (
The company's indication that it may return excess capital to shareholders aligns with its previously announced capital allocation framework, suggesting management believes its stock may be undervalued or that immediate reinvestment opportunities don't meet their return thresholds. The staged payment structure for the SimplesVet transaction (with CDI-adjusted installments) provides ongoing liquidity while the larger TOTVS transaction awaits regulatory approval.
Georgetown, Cayman Islands--(Newsfile Corp. - July 22, 2025) - StoneCo Ltd. (NASDAQ: STNE) ("Stone" or the "Company") today announced significant divestments within its software segment after evaluating several strategic alternatives over the past year.
The assets included in today's announcement represented in 2024 approximately
These transactions aim to unlock shareholder value, streamline operations, and allow management to concentrate on StoneCo's core growth strategy.
The main developments from this review are outlined below:
1. Sale of Linx and Related Software Assets to TOTVS
StoneCo has entered into a definitive agreement to sell Linx and certain other software assets to TOTVS for an enterprise value of R
The scope of assets sold includes most of Linx's software, covering the verticals of education, retail, gas stations, automotive, drugstores, healthcare, home centers, food, people, and Napse.
The transaction is subject to customary closing conditions and regulatory approvals, including clearance by CADE, the Brazilian antitrust authority. The closing of the transaction and subsequent cash payment will occur following regulatory clearance.
The final purchase price may be subject to customary adjustments based on the duration between announcement and completion.
Importantly, the fiscal goodwill of approximately R
No exclusive commercial agreement accompanies this transaction and the companies may explore potential future commercial partnerships.
2. Sale of SimplesVet to PetLove
StoneCo has sold SimplesVet, a veterinary-focused software solution, to PetLove for an enterprise value of R
3. Remaining Software Businesses
The software businesses not included in the aforementioned transactions represent in 2024 R
Use of Proceeds
StoneCo intends to disclose detailed plans for the use of proceeds upon transaction closing. Consistent with the Company's capital allocation framework articulated during the 4Q24 earnings call, StoneCo expects to return excess capital to shareholders when immediate value-accretive growth opportunities are not available.
About StoneCo
StoneCo is a leading provider of financial technology and software solutions that empower merchants to conduct commerce seamlessly across multiple channels and help them grow their businesses.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date they were first issued and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. These statements identify prospective information and may include words such as "believe," "may," "will," "aim," "estimate," "continue," "anticipate," "intend," "expect," "forecast," "plan," "predict," "project," "potential," "aspiration," "objectives," "should," "purpose," "belief," and similar, or variations of, or the negative of such words and expressions, although not all forward-looking statements contain these identifying words.
Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond Stone's control.
Stone's actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to: more intense competition than expected, lower addition of new clients, regulatory measures, more investments in our business than expected, and our inability to execute successfully upon our strategic initiatives, among other factors.
Contact:
Investor Relations
investors@stone.co
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/259608
FAQ
What is the total value of StoneCo's (STNE) Linx sale to TOTVS?
How much of StoneCo's revenue will be affected by the software divestment?
What was the sale price for StoneCo's SimplesVet business?
What will StoneCo do with the remaining software businesses?
How will StoneCo use the proceeds from these sales?
