Advent International to Invest in Park Services Operator Cataratas do Iguaçu (Latin America)

Source: Advent International

Global private equity firm Advent International has agreed to invest in Brazil-based Cataratas do Iguaçu, a concessionaire of services at Brazil’s national parks. The company intends to use the capital to improve Cataratas’s services and operations, and expand into additional parks and tourism-related businesses in Brazil. Financial details of the transaction, which is subject to closing conditions, were not disclosed.