Alares Acquires Webby Internet

October 4, 2023

Alares, the Grain Management-backed Brazilian telecommunications operator, has acquired Webby Internet, a São Paulo-based internet service provider. The add-on expands Alares' fiber backbone and customer base — adding about 115,000 customers and ~450 employees — strengthening its presence in São Paulo and marking entry into Paraná as part of an inorganic consolidation strategy.

Buyers
Alares, Grain Management
Targets
Webby Internet
Platforms
Alares
Location
São Paulo, Brazil
Transaction Type
Addon

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