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Vitru Ltd Definitive Agreement with UniCesumar - M&A Call Transcript
Good morning, and welcome to Vitro's Conference Call about a definite agreement for business combination with UniCesumar. (Operator Instructions) This conference call is being recorded, and it will be made available in the IR site of the company. I would now like to give the floor to Mr. Pedro Graca, Vitru's CEO. Mr. Pedro, you have the floor.
Good morning, everyone. This is Pedro here. I have here with me, Carlos Freitas, our CFO; and Maria Carolina, our CIRO. Today is August 24. It's an important milestone and Vitru story. We are here to talk about the agreement for the business combination between Vitru and UniCesumar, University of Maringá.
About a year ago, we went public with our IPO. And ever since we have searching for tons of M&A possibilities. We looked at the strategic rationale and the potential to create value.
Right from the beginning, we stated that we did not want to grow just for growth's sake. We wanted to look for companies that shared our values, our beliefs.
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