Vero Internet
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Vero Internet - overview
Established
2019
Location
Sao Paulo, -, Brazil
Primary Industry
Telecoms
About
Vero Internet is a telecommunications company based in Brazil, specializing in providing high-quality internet and mobile communication services to both residential and business customers. Vero Internet, established in 2019 in Sao Paulo, Brazil, delivers internet connectivity and mobile solutions. The company has made one noteworthy deal, merging with AmericaNet Ltda. in July 2023, aimed at enhancing operational efficiency.
Fabiano Ferreira is the CEO, leading the company in its strategic growth initiatives. Vero offers high-quality telecommunications services, focusing on broadband internet and mobile communication solutions tailored for residential and business clients. The company addresses connectivity challenges and ensures reliable internet access to a diverse range of customers, including individuals and small to medium-sized enterprises across Brazil. In the most recent year, Vero's revenue totaled USD 41.
36 mn, with an EBITDA of USD 15. 79 mn, reflecting the company's structured subscription model for its internet and mobile services. Following the merger with AmericaNet Ltda. , Vero Internet plans to enhance its ISP solutions and improve operational efficiency.
The company is focused on expanding its services into additional geographic regions across Brazil, taking advantage of the increased capabilities resulting from the merger, which was completed in July 2023.
Current Investors
Vero Internet / AmericaNet Ltda.
Primary Industry
Telecoms
Sub Industries
Telecoms Providers & Services, Fiber Optics
Website
www.verointernet.com.br
Company Stage
Merged
Total Amount Raised
Subscriber access only
Vero Internet - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Completed | Americanet Ltda., Vero Internet | - | ||||||||
| Add-on | Announced | Fixtell Internet LTDA | - | ||||||||
| Add-on | Completed | Empire Telecom | - | ||||||||
| Add-on | Completed | MKA Telecom | - | ||||||||
| Merger | Completed | BD OnLine, Core City10, Efibra, G4 Telecom, NWNet Telecom Ltda., Powerline Internet, Viaceu Internet Ltda., Viareal | - |
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Vero Internet - employee data
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