Livetech da Bahia Indústria e Comércio SA

Based in Sao Paulo, Brazil, and founded in 2003 by Vanderlei Rigatieri Junior and Francisco Sergio Day de Toledo, Livetech da Bahia Indústria e Comércio SA, trading under the name WDC Networks, is a telecommunications solutions company that specializes in the distribution of technology as a service. In May 2017, 2bCapital acquired a minority stake in the company to help accelerate its growth by strengthening its capital structure and marketing capabilities. In July 2021, Livetech da Bahia Indústria e Comércio SA raised BRL 450. 1 million in an IPO, selling 19.

4 million shares at BRL 23. 20 per share on the B3 Stock Exchange under the ticker symbol LVTC3. As of September 2021, co-founder Vanderlei Rigatieri Junior is the company's CEO. Livetech da Bahia Indústria e Comércio SA provides customized solutions for information and communication technology, focusing on the fiber optic and corporate telecommunications sectors in various segments in the US, Panama, Colombia, and in Brazil.

It offers TaaS (Tecnologia as a service), a business model that utilizes hardware and software as a service and offers solutions that are aimed at broadband internet via optical fiber, electronic security, internet telephony, Wi-Fi networks, data networks, cyber security, professional audio and video, smart home, and solar energy. The also operates an online store that retails various brands, computer hardware and devices. In 2020, Livetech da Bahia Indústria e Comércio SA generated BRL 718. 04 million in revenue.

Proceeds from the July 2021 IPO of Livetech da Bahia Indústria e Comércio SA will be used for investments, acquisition of equipment for leasing, and potential acquisitions of companies via M&A.