- Totvs (TOTS3) is a leading provider of enterprise resource planning (ERP) software in Brazil, recently expanding its market reach by integrating financial services through a joint venture with Itaú, targeting a market 30 times larger than its traditional software segment.
- In April 2026, Totvs completed the acquisition of Linx for R$ 3.05 billion, enhancing its position in the retail sector and expanding its technological offerings.
- The company's Techfin unit, formed in 2023, has become its third-largest business segment, with a credit portfolio of R$ 2.49 billion and origination of R$ 13.2 billion in 2025, focusing on providing financial solutions to small and medium enterprises.
- Totvs' ideal buyers are small to medium-sized businesses seeking integrated ERP solutions with financial services, addressing their needs for credit and payment solutions to streamline operations and enhance cash flow management.
Finance & Administration is the largest department, accounting for about 23 % of all staff, followed closely by Business Management at 19 % and Engineering at 19 %. Customer-facing Sales & Support teams make up roughly 13 % of the workforce, while Operations represents 11 %. Marketing & Product, IT, Banking & Wealth Management, Human Resources and a small "Other" category round out the remaining headcount. The spread illustrates a balanced emphasis on governance, strategic management and technical development, with meaningful investment in client service functions.
Totvs’ workforce is predominantly based in Brazil. São Paulo is the main talent hub, employing around 35 % of staff. Additional offices in Joinville, Belo Horizonte, Ribeirão Preto, Rio de Janeiro, Porto Alegre, Goiânia, Curitiba and Santa Catarina collectively represent less than 20 % of employees. A sizeable 40 % are listed under “Other,” pointing to a dispersed group of remote or satellite workers that enable nationwide client coverage and operational flexibility.
