Brazilian cloud firm Skyone has acquired ADD IT, a specialist in private cloud infrastructure, in its largest transaction to date. This is the company's first major move following a Series C funding round led by Advent International, signaling a new growth phase. While financial terms were not disclosed, the deal marks a significant step in Skyone's market consolidation strategy.
A Strategic Move for Market Consolidation
The purchase of São Paulo-based ADD IT, founded in 2001, strengthens Skyone's offerings for small and medium-sized enterprises (SMEs). This move aligns with the company's goal to consolidate the fragmented cloud services market and enhance its digital modernization solutions. ADD IT brings a valuable portfolio of over 90 clients who rely on its infrastructure for critical applications.
Skyone plans to leverage ADD IT's private cloud capabilities to generate operational synergies and expand cross-selling opportunities. According to company executives, the integration allows for the conversion of capital expenditures into more efficient operational costs. This acquisition strategically complements Skyone's existing public and hybrid cloud services, creating a more comprehensive portfolio.
Fueling Growth with Fresh Capital
This acquisition was directly enabled by the Series C investment from Advent International, which closed in late 2025. The capital was specifically earmarked to accelerate international expansion, develop new AI products, and execute strategic acquisitions. The swift purchase of ADD IT demonstrates Skyone's commitment to rapidly deploying these funds to achieve its goals.
Financially, Skyone is on a strong growth trajectory, having closed 2025 with approximately R$ 400 million in revenue. The company projects an ambitious 50% increase for 2026, driven by organic growth and the new acquisition. Skyone currently serves over 25,000 clients in 35 countries and employs a team of around 500 professionals.
An Ambitious M&A Pipeline
The ADD IT deal is poised to be the first of many, as Skyone has developed an M&A pipeline with over 400 potential targets. The company intends to intensify its acquisition activities over the next one to two years to further consolidate its market position. Its focus is on cloud management businesses with strong recurring revenue and low customer churn.
Skyone is primarily targeting companies with annual revenues between R$ 5 million and R$ 50 million in the cloud sector. Management believes the current macroeconomic environment presents a favorable window for consolidation among healthy but less liquid technology firms. The company is also evaluating opportunities in adjacent areas like cybersecurity and data, including potential international operations.
Paving the Way for AI Adoption
A core tenet of Skyone's strategy is that effective AI adoption by SMEs must be preceded by foundational digital modernization. This acquisition reinforces that thesis by enhancing the infrastructure and data integration capabilities available to its client base. The move positions Skyone as a partner capable of guiding businesses through their entire digital transformation journey.
Central to this vision is the Skyone Studio, a proprietary platform designed for application integration, data organization, and AI agent development. By incorporating ADD IT's infrastructure and clients, Skyone can better prepare a wider audience to leverage these advanced tools. This strategy elevates the company from a service provider to a holistic technology enabler for modern enterprises.
Skyone's acquisition of ADD IT marks a pivotal moment, transforming fresh capital into a decisive move toward market leadership. This purchase expands its service portfolio and client base while solidifying its long-term vision for enabling AI adoption within the SME sector. As Skyone continues its M&A campaign, the industry will watch its efforts to reshape the Latin American cloud landscape.