a management technology company, announced last week the acquisition of 100% of CIGAM Software for R$162.5 million. The operation adds an ERP (business management system) to its operations with greater penetration in the medium-sized industry, retail and services segments. Now, operations total more than 14.5 thousand customers and around 3.6 thousand employees.
With the arrival, Senior’s portfolio increases by 10 thousand new CNPJs, as a result of the 1 thousand economic groups that were already part of the CIGAM base — Havaianas, Arezzo, Carmen Steffens, Volvo, Jomo, Diasa, Leitissimo and Screw are some examples. The company also expands its consolidation efforts through acquisitions of systems companies specializing in specific economic sectors.
Senior established itself in the early 2010s in the e-commerce market. Internal estimates indicate that 30% of e-commerce orders in Brazil pass through its systems, with companies such as Magalu, Correios, Centauro and Nike using logistics solutions.
Then the company entered the construction market, acquiring three of the four main ERPs in the sector — in 2022, it acquired Globaltec and, in July 2024, it acquired Hypnobox. In the last two years, Senior has strengthened its systems arm for agribusiness with the acquisition of GAtec for R$49.8 million.
“Each company in these segments allows us to grow with extra service layers in addition to the ERP service itself. These are segments with thousands of companies, and each one allows us to grow with the stack of financial and other services”, says Senior’s executive director of marketing and product, Jean Paul Vieira.
“It was the synergy between the companies that motivated this consolidation, as they are companies with equal purposes and excellent solutions. CIGAM’s ERP, awarded by B2B Stack in the last 4 years as the best in Brazil and one of the most innovative in the South region, now has complementary solutions and greater capillarity, which will allow us to accelerate our growth”, says Robinson Oscar Klein, CEO of CIGAM.
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With the integration, CIGAM’s customers and channels now have access to Senior’s complete ecosystem, such as people management systems, risk and security, logistics, flexible benefits and credit for workers, financial solutions and hyperautomation.
In 2024, CIGAM recorded net revenue of R$70.65 million, more than 80% coming from recurring revenue. The company also records a CAGR — annual growth rate — of 17.06%.
