ClickBus signs agreement to acquire RJ Consultores, from TOTVS, for R$49.6 million

ClickBus, Brazil's bus ticket sales travel tech company, announces an agreement to acquire RJ Consultores, a TOTVS company specializing in technology solutions with over 40 years of experience. The transaction of R$ 49.6 million, which is subject to CADE approval, will be carried out with its own capital, which reinforces ClickBus' strategy of expanding its operations in Latin America and strengthening its portfolio of solutions for B2B customers.

The move will allow ClickBus to combine its expertise in the Travel Tech sector, where it serves as a leading provider of innovative solutions, and advance the digitalization of the road transport sector, offering new benefits ranging from ticket sales systems with Smart POS to dynamic pricing tools and Business Intelligence. Furthermore, RJ Consultores already has a consolidated presence in Brazil and Mexico, as well as a growing presence in other international markets, which aligns with ClickBus's sustainable expansion strategy.

"Our industry is increasingly globalized, and this acquisition reinforces our position as a leading market player. We are confident that this transaction will not only bring strategic synergies but also boost our international presence, always focusing on innovation and operational excellence, to offer an increasingly efficient experience to our customers," said Phillip Klien, CEO of ClickBus.

“The acquisition will be made with our own resources, which demonstrates our ability to invest sustainably and strengthens our presence on the global stage,” adds Klien. 

The deal is subject to CADE approval, which reaffirms ClickBus' commitment to regulatory compliance and free competition in the sector.