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
- Industry
- Telecommunications
- Location
- São Paulo, Brazil
- Transaction Type
- Addon
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