The strategic partnership between Ideal and Itaú¹ is expected to help expediting their vision for the retail investment industry’s prospects: customer-centricity goes hand in hand with service providers’ ability to offer accessible digital investment platforms.
The partnership with Itaú is the recognition of Ideal as a success story. Our firm was created in 2019 by an experienced team in the electronic brokerage market, who decided to use their long-built experience to pursue the ambition to modernize the industry and empower investors as shared by Nilson Monteiro, Ideal’s CEO, when the announcement was made:
“Ideal was created with the ambition that we could transform the market. We have established ourselves as a benchmark in customer experience, technology, and disruptive spirit in just over two years. We have a lot to contribute to the bank’s digital transformation, and Ideal will have immense learning potential and opportunity to gain scale. More importantly, the alignment of principles and values between the companies has always been clear – and this is the crucial condition for any long-term project to succeed”.
For more information on the acquisition, please see below.
¹Itaú Unibanco Holding S.A. (“Itaú Unibanco”) and Ideal Holding Financeira S.A. and its subsidiaries (“Ideal”) entered into an agreement for the purchase of up to 100% of Ideal’s capital stock. The transaction will be carried out in two phases over five years. In the first phase, Itaú Unibanco acquired 50.1% of Ideal’s voting capital, having become the holder of the company’s control. In the second phase, Itaú Unibanco will be able to exercise the right to buy the remaining share (49.9%) of Ideal’s capital stock.