DTCOM - Direct to Company S/A (BOVESPA:DTCY3) agreed to acquire Kol Solucoes Em Gestao Do Conhecimento Ltda. for $3.1 million on April 16, 2016. The payment will be made through the issuance of new shares of DTCOM - Direct to Company.

The current shareholders of Kol Solucoes Em Gestao Do Conhecimento will control approximately 28% of the merged company and the current owners of DTCOM - Direct to Company will keep approximately 70%. Cypress Associates do Brasil Consultoria Empresarial Ltda. acted as financial advisor for DTCOM - Direct to Company S/A. The conversions have been made through www.oanda.com as of April 19, 2016.