On the Record · XP
XP acquisitions, on the record
The businesses XP bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
XPartWord for word“On October 1, 2021, we consummated the merger of XPart with and into us, pursuant to which XPart ceased to exist.” 20-F for 2023 | merger | On October 1, 2021 | — |
Banco Modal S.A. (Modal)Word for word“Banco Modal S.A., or “Modal” Modal, acquired in 2023, is a Brazilian investment and digital banking platform that provides customers traditional banking and investment products and services, including financial educational content and customized financial advice.” 20-F for 2023 | acquisition | acquired in 2023 | — |
Suno (Grupo Suno)Word for word“We closed the transaction on April 26, 2022.” 20-F for 2023 | agreed acquisition | We closed the transaction on April 26, 2022. | — |
Habitat Capital Partners Asset ManagementWord for word“On February 25, 2022, we entered into a binding agreement to acquire 100% of the total capital of Habitat Capital Partners Asset Management, a manager focused on real estate funds.” 20-F for 2023 | acquisition | — | — |
BTR Benefícios e SegurosWord for word“On August 15, 2022, our subsidiary, XP Corretora de Seguros, exercised its call option over the equity of BTR, acquiring 100% of the total share capital of BTR.” 20-F for 2023 | acquisition | On August 15, 2022 | — |
Instituto de Gestão e Tecnologia da Informação Ltda. (IGTI)Word for word“On November 3, 2021, we acquired 100% of Instituto de Gestão e Tecnologia da Informação Ltda., or “IGTI,” through our education vehicle XPE Infomoney Educação Assessoria Empresarial e Participações Ltda.” 20-F for 2023 | acquisition | On November 3, 2021 | — |
OHM ResearchWord for word“In October 2023, we sold our minority interest in OHM Research.” 20-F for 2023 | divestiture | In October 2023 | — |
Oriz Participações S.A.Word for word“We closed the transaction on August 8, 2022.” 20-F for 2023 | acquisition | We closed the transaction on August 8, 2022. | — |
Banco Modal S.A.Word for word“Banco Modal S.A., or “Modal” Modal, acquired in 2023, is a Brazilian investment and digital banking platform that provides customers traditional banking and investment products and services, including financial educational content and customized financial advice.” 20-F for 2024 | acquisition | acquired in 2023 | — |
BTR Benefícios e Seguros (XP Corretora de Seguros, acquisition of 100% of BTR)Word for word“On August 15, 2022, our subsidiary, XP Corretora de Seguros, exercised its call option over the equity of BTR, acquiring 100% of the total share capital of BTR.” 20-F for 2024 | acquisition | On August 15, 2022 | — |
LevanteWord for word“In October 2023, we sold our minority interest in OHM Research and in December 2024 we sold our minority interest in Levante.” 20-F for 2024 | divestiture | in December 2024 | — |
Ontick Invest Serviços Financeiros S.A.Word for word“We closed the transaction on July 24, 2024.” 20-F for 2024 | acquisition | We closed the transaction on July 24, 2024. | — |
Read from XP’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-04-29. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.