PRIVATE EQUITY NEWS
EMX 2021 Acquires EMX Capital's Portfolio (EMX Capital) EMX 2021, a secondary fund recently created by EMX Capital, acquired the entire portfolio of companies from EMX Capital’s current funds. Read more
Advent-Backed CI&T Raises USD195m in NYSE IPO (em português) (Terra) CI&T, a Brazil-based technology company backed by Advent International, raised USD195m in its IPO on the NYSE. Advent sold shares in a secondary sale. Read more Earth Capital and Cypress Partner to Launch BRL750m Brazil PE Fund (em português) (Valor Econômico) Earth Capital and Cypress agreed to form a partnership to launch a BRL750m private equity fund targeting ESG opportunities in Brazil. Read more
IG4 Capital Acquires 50% of Chile’s Adelco for USD57m (IG4 Capital) IG4 Capital acquired 50% of Chile-based logistics operator Adelco for USD57m. Read more Castlelake Completes Sale & Leaseback of Aircraft to Colombia’s Avianca (Castlelake) Castlelake completed the sale and leaseback of six A330-200 freight aircraft to Colombian airline Avianca with a 10-year lease term. Read more
Aqua Capital Exits Grand Cru via Sale to Evino (em português) (Valor Econômico) Aqua Capital exited Grand Cru, a Brazilian importer and distributor of premium wines, via a sale to Brazil-based wine e-commerce Evino for an undisclosed amount. Read more Estapar Acquires TreeCorp-Backed Zul Digital for BRL75m (em português) (Startupi) Brazil-based car park operator Estapar acquired TreeCorp Investimentos-backed Zul Digital, a Brazil-based parking management platform for public and private companies, for BRL75m. Read more
XP Acquires Gestão em Tecnologia da Informação (Iberian Lawyer) XP acquired 100% of Gestão em Tecnologia da Informação (IGTI), a Brazilian distance learning college focused on technology and innovation, for an undisclosed amount. Read more
VENTURE CAPITAL NEWS
Tencent and SoftBank Lead USD200m Series F for Brazilian Trucking Marketplace CargoX (LABS News) Tencent and SoftBank led a USD200m Series F for CargoX, a Brazilian trucking marketplace, with participation from Valor Capital Group and MFO Oikos, and follow-on from Lightrock, at an undisclosed valuation. Read more
GGV and GIC Lead USD125m Series C for Mexican Credit Card Issuer Stori (Press Release) GGV and GIC led a USD125m Series C for Stori, a Mexican credit card issuer, with participation from General Catalyst, Goodwater Capital and Tresalia Capital, and follow-on from Lightspeed, Vision Plus Capital, BAI Capital and Source Code Capital. Read more
General Atlantic Leads USD125m Round for Brazilian Edtech isaac (em português) (Brazil Journal) General Atlantic led a USD125m round for isaac, a Brazilian financial management platform for schools, with participation from SoftBank and KASZEK. Read more Rage Capital and BTG Pactual Lead ~USD60m Series C for Brazilian Foodtech Fazenda Futuro (TechCrunch) Rage Capital and BTG Pactual led a ~USD60m Series C for Fazenda Futuro, a Brazilian startup focused on plant-based meat alternatives, with participation from XP, and follow-on from monashees, Go4It Capital, MFO Turim and Enfini Ventures at a reported USD400m valuation. Read more GIC Leads USD50m Series A for Brazilian Credit Issuance Platform QI Tech (Press Release) GIC led a USD50m Series A for QI Tech, a Brazilian API-based credit issuance platform. Read more
Goodwater Capital Leads USD35m Series A for Chilean Proptech Houm (TechCrunch) Goodwater Capital led a USD35m Series A for Houm, a Chilean home purchase and rental marketplace with operations in Chile, Mexico and Colombia, with participation from Fifth Wall, Fen Ventures, Broadhaven and Rahul Mehta (DST Global), and follow-on from ONEVC. Read more Brazilian Mobile Platform RecargaPay Raises USD10m Series C+ (em português) (Mobile Times) RecargaPay, a Brazilian mobile payments platform, raised a USD10m Series C+ from IDB Invest, IDC Ventures and Fuel Venture Capital. Read more
REAL ASSETS NEWS
3R Petroleum Raises BRL2.1b via Follow-On Offering (em português) (Pipeline) Brazilian oil & gas company 3R Petroleum raised BRL2.1b in a follow-on offering, providing a partial exit for Starboard. 3R will reportedly use the proceeds to finance the acquisition of Polo Potiguar from Petrobras. Read more Mubadala Acquires Brazil’s Metrô Rio and Metrô Barra (Pipeline) Mubadala acquired Rio de Janeiro subway operators Metrô Rio and Metrô Barra in a deal valued at BRL1.8b (~USD335m). Read more
Ore Investments and Genesis Mining Invest in Brazilian Gold Project (em português) (Notícias de Mineração Brasil) Ore Investments and Genesis Mining formed a joint venture to develop the Nazareno gold project in Minas Gerais, Brazil. Read more
Riverstone Holdings Launches VEMO (Riverstone Holdings) Riverstone Holdings launched VEMO, a Mexican company committed to accelerating clean mobility in Mexico and Latin America. VEMO designs and implements customized solutions that combine charging infrastructure, clean mobility fleets and advanced monitoring technology. Read more |