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Nuvini (Nasdaq: NVNI) Announces José Mário Ribeiro Jr as Board Adviser

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Nuvini (Nasdaq: NVNI), the leading serial acquirer of private SaaS B2B companies in Latin America, has announced the addition of José Mário Ribeiro Jr as a non-voting board adviser. With over four decades of experience in entrepreneurship and financial services, Ribeiro has founded more than 30 companies within the Grupo Check. As a former partner and CEO of Adiq, one of Brazil's largest acquiring and payment solutions companies, Ribeiro's expertise aligns with Nuvini's objectives to explore embedded finance opportunities within its portfolio companies.

Pierre Schurmann, CEO of Nuvini, expressed enthusiasm about Ribeiro joining as a board adviser, highlighting his expertise and vision. Ribeiro will offer strategic counsel on various initiatives to support Nuvini's continued success and reinforce its commitment to strengthening its position in the serial acquirer segment.

Nuvini (Nasdaq: NVNI), il principale acquirente seriale di aziende SaaS B2B private in America Latina, ha annunciato l'aggiunta di José Mário Ribeiro Jr come consigliere di amministrazione senza diritto di voto. Con oltre quattro decenni di esperienza nell'imprenditorialità e nei servizi finanziari, Ribeiro ha fondato più di 30 aziende all'interno del Grupo Check. In quanto ex partner e CEO di Adiq, una delle più grandi società di acquisizione e soluzioni di pagamento in Brasile, l'expertise di Ribeiro si allinea con gli obiettivi di Nuvini per esplorare opportunità di finanza integrata all'interno delle sue aziende in portafoglio.

Pierre Schurmann, CEO di Nuvini, ha espresso entusiasmo per l'ingresso di Ribeiro come consigliere di amministrazione, sottolineando la sua esperienza e visione. Ribeiro offrirà consulenza strategica su varie iniziative per supportare il continuo successo di Nuvini e rafforzare il suo impegno a consolidare la sua posizione nel segmento degli acquirenti seriali.

Nuvini (Nasdaq: NVNI), el principal adquirente en serie de empresas privadas SaaS B2B en América Latina, ha anunciado la incorporación de José Mário Ribeiro Jr como asesor de la junta sin voto. Con más de cuatro décadas de experiencia en emprendimiento y servicios financieros, Ribeiro ha fundado más de 30 empresas dentro del Grupo Check. Como ex socio y CEO de Adiq, una de las compañías de soluciones de adquisición y pago más grandes de Brasil, la experiencia de Ribeiro se alinea con los objetivos de Nuvini de explorar oportunidades de finanzas integradas dentro de sus empresas de cartera.

Pierre Schurmann, CEO de Nuvini, expresó entusiasmo por la llegada de Ribeiro como asesor de la junta, destacando su experiencia y visión. Ribeiro ofrecerá asesoramiento estratégico en diversas iniciativas para apoyar el continuo éxito de Nuvini y reforzar su compromiso de fortalecer su posición en el segmento de adquirentes en serie.

Nuvini (Nasdaq: NVNI)는 라틴 아메리카의 민간 SaaS B2B 기업을 선도하는 연속 인수업체로서, José Mário Ribeiro Jr를 비투표 이사로 추가했다. 40년 이상의 기업가정신 및 금융 서비스 경험을 가진 Ribeiro는 Grupo Check 내에서 30개 이상의 회사를 설립했다. 브라질 내 최대 결제 솔루션 기업 중 하나인 Adiq의 전 파트너 및 CEO로서 Ribeiro의 전문성은 Nuvini의 포트폴리오 기업 내에서 임베디드 금융 기회를 탐색하기 위한 목표와 일치한다.

Nuvini의 CEO Pierre Schurmann은 Ribeiro의 이사직 합류에 대한 기대를 표현하며 그의 전문성과 비전을 강조했다. Ribeiro는 Nuvini의 지속적인 성공을 지원하고 연속 인수업체 부문의 입지를 강화하기 위한 다양한 이니셔티브에 대한 전략적 조언을 제공할 예정이다.

Nuvini (Nasdaq: NVNI), le principal acquéreur en série d'entreprises privées SaaS B2B en Amérique Latine, a annoncé l'ajout de José Mário Ribeiro Jr en tant que conseiller non-votant au conseil d'administration. Fort de plus de quarante ans d'expérience dans l'entrepreneuriat et les services financiers, Ribeiro a fondé plus de 30 entreprises au sein du Grupo Check. En tant qu'ancien partenaire et PDG d'Adiq, l'une des plus grandes entreprises de solutions d'acquisition et de paiement au Brésil, l'expertise de Ribeiro est en adéquation avec les objectifs de Nuvini d'explorer les opportunités de finance intégrée au sein de ses entreprises du portefeuille.

Pierre Schurmann, PDG de Nuvini, a exprimé son enthousiasme quant à l'intégration de Ribeiro en tant que conseiller, soulignant son expertise et sa vision. Ribeiro fournira des conseils stratégiques sur diverses initiatives pour soutenir le succès continu de Nuvini et renforcer son engagement à consolider sa position dans le segment des acquéreurs en série.

Nuvini (Nasdaq: NVNI), der führende serielle Erwerber von privaten SaaS B2B-Unternehmen in Lateinamerika, hat die Hinzufügung von José Mário Ribeiro Jr als nicht stimmberechtigten Berater des Vorstands bekannt gegeben. Mit über vier Jahrzehnten Erfahrung in Unternehmertum und Finanzdienstleistungen hat Ribeiro mehr als 30 Unternehmen innerhalb der Grupo Check gegründet. Als ehemaliger Partner und CEO von Adiq, einem der größten Akquise- und Zahlungslösungsunternehmen in Brasilien, passt die Expertise von Ribeiro zu den Zielen von Nuvini, eingebettete Finanzmöglichkeiten innerhalb seiner Portfoliounternehmen zu erkunden.

Pierre Schurmann, CEO von Nuvini, äußerte sich begeistert über den Beitritt von Ribeiro als beratendes Mitglied des Vorstands und hob dessen Expertise und Vision hervor. Ribeiro wird strategische Beratung zu verschiedenen Initiativen anbieten, um den fortdauernden Erfolg von Nuvini zu unterstützen und sein Engagement zur Stärkung seiner Position im Bereich der seriellen Erwerber zu untermauern.

Positive
  • Addition of José Mário Ribeiro Jr as a non-voting board adviser with extensive experience in entrepreneurship and financial services
  • Potential for exploring embedded finance opportunities within Nuvini's portfolio companies
  • Strategic counsel from Ribeiro may contribute to Nuvini's growth and innovation initiatives
Negative
  • None.

NEW YORK, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Nvni Group Limited (Nasdaq: NVNI) (“Nuvini”), the leading serial acquirer of private SaaS B2B companies in Latin America, announced the addition of Mr. José Mário Ribeiro Jr as a non-voting board adviser to Nuvini’s Board of Directors.

With a career spanning over four decades, Mr. Ribeiro brings extensive experience in entrepreneurship and financial services. Throughout his distinguished career, Mr. Ribeiro has founded over 30 companies within the Grupo Check, excelling in technological innovation and financial services.

As a former partner and CEO of Adiq, one of Brazil’s largest acquiring and payment solutions companies affiliated with Banco BS2, Mr. Ribeiro’s expertise and vision in the payments industry will complement Nuvini’s objectives to explore embedded finance opportunities within its portfolio companies, driving both growth and innovation. His strategic insights and proven leadership will be invaluable as Nuvini navigates the evolving market landscape.

“We are honored to welcome José Mario join as a board adviser alongside our directors,” said Pierre Schurmann, CEO of Nuvini. “His expertise and vision align perfectly with our mission to drive growth and innovation.”

Mr. Ribeiro will work closely with the Board of Directors, offering strategic counsel on various initiatives to ensure Nuvini’s continued success.

Nuvini is committed to strengthening its position in the serial acquirer segment and expanding its solid portfolio of B2B SaaS companies across Latin America. The addition of this accomplished adviser reinforces that commitment.

About Nuvini

Headquartered in São Paulo, Brazil, Nuvini is the leading private serial software business acquirer in Latin America. The Nuvini Group acquires software companies within SaaS markets in Latin America. It focuses on acquiring profitable “business-to-business” SaaS companies with a consolidated business model, recurring revenue, positive cash generation and relevant growth potential. The Nuvini Group enables its acquired companies to provide mission-critical solutions to customers within its industry or sector. Its business philosophy is to invest in established companies and foster an entrepreneurial environment that would enable companies to become leaders in their respective industries. The Nuvini Group’s goal is to buy, retain and create value through long-term partnerships with the existing management of its acquired companies. To date, Nuvini Group’s portfolio of SaaS companies consists of Effecti Tecnologia Web Ltda., Leadlovers Tecnologia Ltda., Ipê Tecnologia Ltda., Dataminer Dados, Informações e Documentos Ltda., OnClick Sistemas de Informação Ltda., Simplest Software Ltda. and SmartNX Tecnologia Ltda.

For more information, visit www.nuvini.co

Forward-Looking Statements

Some of the statements contained in this press release include or may include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created by those laws. These forward-looking statements include, but are not limited to, statements regarding the expectations, hopes, beliefs, intentions or strategies regarding the future. The forward-looking statements contained in this press release are based on current expectations and beliefs concerning future developments and their potential effects on Nuvini. There can be no assurance that future developments affecting Nuvini will be those that we have anticipated. Where a forward-looking statement expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. All statements other than statements of historical fact may be forward-looking statements. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “forecast,” “outlook,” “aim,” “target,” “will,” “could,” “should,” “may,” “likely,” “plan,” “probably” or similar words may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements contained in this press release include, but are not limited to, statements about the ability of Nuvini to: achieve projections and anticipate uncertainties relating to the business, operations and financial performance of Nuvini, including (i) expectations with respect to financial and business performance, including financial projections and business metrics and any underlying assumptions, (ii) expectations regarding market size, future acquisitions, partnerships or other relationships with third parties, (iii) expectations on Nuvini’s proprietary technology and related intellectual property rights, and (iv) future capital requirements and sources and uses of cash, including the ability to obtain additional capital in the future; enhance future operating and financial results; comply with applicable laws and regulations; stay abreast of modified or new laws and regulations applying to its business, including privacy regulation; anticipate rapid technological changes; and effectively respond to general economic and business conditions.

While forward-looking statements reflect Nuvini’s good faith beliefs, they are not guarantees of future performance. Nuvini disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, new information, data or methods, future events or other changes after the date of this press release, except as required by applicable law. For a further discussion of these and other factors that could cause Nuvini's future results, performance or transactions to differ significantly from those expressed in any forward-looking statement, please see the section “Risk Factors” of the Form F-4 most recently filed by Nuvini with the U.S. Securities and Exchange Commission. You should not place undue reliance on any forward-looking statements, which are based only on information currently available to Nuvini.

For further information or media inquiries regarding this partnership, please contact:

Nuvini Investor and Media Contact
Camilla Carrapatoso
ir@nuvini.co


FAQ

Who is José Mário Ribeiro Jr and what role will he have at Nuvini (NVNI)?

José Mário Ribeiro Jr is a seasoned entrepreneur with over 40 years of experience in financial services. He has been appointed as a non-voting board adviser to Nuvini's Board of Directors, offering strategic counsel on various initiatives.

How might José Mário Ribeiro Jr's experience benefit Nuvini (NVNI)?

Ribeiro's extensive experience in entrepreneurship and financial services, particularly in payment solutions, aligns with Nuvini's objectives to explore embedded finance opportunities within its portfolio companies, potentially driving growth and innovation.

What is Nuvini's (NVNI) primary business focus?

Nuvini is the leading serial acquirer of private SaaS B2B companies in Latin America, focusing on strengthening its position in this segment and expanding its portfolio of B2B SaaS companies across the region.

When did Nuvini (NVNI) announce the appointment of José Mário Ribeiro Jr?

Nuvini announced the appointment of José Mário Ribeiro Jr as a non-voting board adviser on August 9, 2024.

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