Senior Sistemas Targets R$ 5 Billion Revenue via Bold M&A
Brazil's Senior Sistemas accelerates its M&A strategy, targeting R$ 5 billion in revenue by 2032 through major acquisitions of ERP and HRtech players.
Brazilian enterprise software giant Senior Sistemas has set an ambitious target to reach R$ 5 billion in annual revenue by 2032. To achieve this fivefold increase from its current run rate, the Santa Catarina-based company is aggressively accelerating its mergers and acquisitions (M&A) strategy. By capitalizing on corrected technology valuations, Senior is positioning itself as a major consolidation play in Latin America's mid-market ERP and HRtech sectors.
The company recently closed the largest transactions in its history to anchor this expansion. Senior acquired Rio Grande do Sul-based ERP developer Cigam for R$ 162.5 million, followed by a R$ 318.7 million acquisition of occupational health HRtech Salú. These strategic moves leverage Senior's strong cash position to target high-performing companies whose venture capital backers are actively seeking liquidity exits in a tighter global funding environment.
According to CEO Carlênio Castelo Branco, the company is shifting toward larger, more impactful acquisitions rather than purely opportunistic deals. Senior closed 2025 with a record revenue of R$ 1.17 billion and expects to surpass R$ 1.3 billion by the end of 2026. With the integration of Salú and Cigam, the company projects its overall revenue growth to accelerate to 30% or 35% next year, driven by robust cross-selling opportunities across its massive human resources database of over 7 million processed payrolls.