Tempo Participações

Acquired

São Paulo, Brazil · Founded 1994

Headquarters
São Paulo
Founded
1994
Business Model
B2B2C

About

Tempo Participações S.A. (BM&FBovespa: TEMP3) is Brazil's largest independent provider of auto, home, and personal assistance services to the insurance, automaker, and affinity segments. Founded in 1994 and initially created as a dental and healthcare insurance provider, Tempo evolved to specialize in support services including roadside assistance, travel assistance, and home services. The company manages a portfolio covering approximately 30 million items and executes more than 1.8 million jobs per year through a network of approximately 20,000 nationwide service providers spanning the entire Brazilian territory. Tempo was listed on the Novo Mercado segment of BM&FBovespa until November 2015, when The Carlyle Group acquired a 51% controlling stake for R$318 million and proceeded to delist the company.

Summary

Tempo Participações is an Insurance company based in São Paulo, Brazil, founded in 1994.

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