Senior Solution S.A. (BOVESPA:SNSL3) signed a share purchase agreement to acquire Atena Tecnologia Ltda. for BRL 13 million on January 16, 2019. Under the terms, the initial acquisition price will be BRL 9 million, consisting of a cash payment of BRL 5 million to be paid on the transaction closing and a deferred payment of BRL 4 million to be paid on five annual installments starting from the first closing anniversary. The final acquisition price may be increased by an earn-out of up to BRL 4 million to be fully paid on the fifth closing anniversary, subject to the achievement of a goal. Atena had gross revenues of BRL 8.8 million for the year ended on October 31, 2018. The closing is subject to fulfillment of conditions mentioned in the agreement. Senior Solution S.A. (BOVESPA:SNSL3) completed the acquisition of Atena Tecnologia Ltda. on January 23, 2019. As of January 23, 2019, closing conditions established in the Share Purchase Agreement were fulfilled.