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Accenture acquires Vivere Brasil

Sao Paulo: Accenture has agreed to acquire a majority stake in Vivere Brasil Serviços e Soluções S.A. (Vivere Brasil), a mortgage-processing technology company, partly owned by Brazilian investment bank BTG Pactual. The firms says the acquisition is designed to expand Accenture's mortgage-processing technology and services capabilities to help Brazilian banks increase their efficiencies and capacity for processing loans in the country's rapidly expanding mortgage market. On completion, Accenture will hold majority ownership and have management responsibility for Vivere Brasil; Vivere Brasil's founders and BTG Pactual will retain a strategic minority stake.

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