SOFTWARE — Quintes Capital
Software
M&A and fundraising advisory for SaaS, ERP, and technology companies scaling across Brazil and Latin America.
Sub-Sectors
Where we operate within the software landscape.
SaaS / ERP
Vertical and horizontal SaaS platforms, ERP systems, and business management software across all industries.
HRtech
Human resources management, payroll processing, talent acquisition, and employee benefits platforms.
Fintech
Payments, banking-as-a-service, credit origination, insurance tech, and financial infrastructure software.
EdTech
Learning management systems, professional certification platforms, corporate training, and educational content.
EnergyTech
Smart grid management, solar energy platforms, energy marketplace, and sustainability reporting software.
Retail Tech
E-commerce enablement, omnichannel retail platforms, logistics tech, and point-of-sale systems.
Our Approach to Software
SaaS
Core Focus
10–14×
ARR Multiples
4–9 mo
Typical Process
R$10M+
Min. ARR
Quintes Capital advises software founders at the intersection of growth ambition and strategic opportunity. We focus on recurring revenue businesses — SaaS, ERP, HRtech, EdTech, and adjacent verticals — where our deep understanding of ARR metrics, cohort analysis, and buyer appetite translates into better outcomes for our clients.
Our approach starts with understanding your product deeply before any market process begins. We model NRR, LTV/CAC, and payback periods not because buyers ask for them, but because they are the true language of software value. When we go to market, we position your company against the metrics that matter most to each specific acquirer or investor.
We have relationships with the leading strategic buyers and PE funds active in Brazilian software M&A, from domestic consolidators to international groups entering the Brazilian market. Our processes are competitive, confidential, and structured to maximize both value and certainty of close.
Get in TouchRecent Sector News
Key market developments shaping software M&A in Brazil.
Brazil's SaaS Market Attracts Record PE Capital in 2025
Private equity investment in Brazilian SaaS companies reached a new high in Q1 2025, with vertical software platforms commanding 10–14x ARR multiples.
Vertical SaaS Drives Consolidation Wave in Brazilian ERP Market
Sector-specific ERP solutions for healthcare, legal, and agribusiness are attracting M&A attention as buyers seek to build vertically integrated software stacks.
AI Integration Becomes Key Value Driver in Software M&A Valuations
M&A buyers are now systematically applying an AI premium to software targets that demonstrate measurable automation capabilities embedded in their core product.
Frequently Asked Questions
Key questions about software M&A in Brazil.
Brazilian SaaS companies with strong growth profiles typically achieve 10–14× ARR. Companies with NRR above 110%, sub-5% annual churn, and ARR between R$10MM–R$80MM consistently attract the highest multiples from domestic and international buyers.
Key metrics include: ARR and growth rate (>30% preferred), Net Revenue Retention (NRR >100%), LTV/CAC ratio (>3×), gross margin (>70%), annual churn (<10%), and payback period (<18 months). Vertical SaaS also gets credit for switching costs and market share.
A software M&A process typically takes 4 to 9 months from mandate to closing. Fundraising rounds (VC or PE) average 4 to 7 months. Timeline depends on deal complexity, due diligence scope, and number of parties in the process.
Most PE funds and strategic acquirers require a minimum of R$10MM in ARR. Companies between R$10MM and R$80MM ARR attract the widest competitive field, including domestic strategics, PE-backed platforms, and international software groups entering Brazil.
Yes. Quintes Capital provides both M&A and fundraising advisory. Fundraising mandates cover Series A through growth equity rounds, connecting SaaS and vertical software founders with VC and PE investors active in Brazil.
Ready to explore your options?
We advise software founders on their most important transaction.