Analysis M&A: Levante buys 20% of OHM

The Levant — a house of research independent with over 50,000 customers — is buying 20% ​​of OHM Research, the analytics platform founded by Roberto Attuch Jr. with a focus on international coverage.

The transaction also includes a purchase option for Levante to acquire the remaining capital in two years, when the two operations will be merged.

Felipe Bevilacqua, the co-founder of Levante, said the transaction is “highly complementary” and comes at a positive time for the market.

“Levante is very focused on covering local actions,” he told the Brazil Journal. “OHM, on the other hand, has a very strong coverage of equities and international fixed income, which is a topic that has gained relevance in recent years with the emergence of various platforms for investing abroad.”

Founded in 2018 by brothers Felipe and Rafael Bevilacqua, Levante has a team of 40 analysts who mainly cover Brazilian stocks. The company said it sells its reports to a base of 50,000 individual subscribers, who pay an average ticket of R$1,200 a year.

She also works in B2B, selling her analysis mainly to investment advisors who pay a higher monthly fee than B2C. On that front, there are already more than 4,000 subscribers.

OHM, on the other hand, operates on a different model. The company created a platform for research international platform that works as a kind of Netflix: independent analysts from several countries upload their reports on the platform, and earn a transfer of revenue according to the relevance of their content to OHM subscribers.

Source: Brazil Journal