Gávea Investimentos Acquires a Minority Stake in Paschoalotto Serviços Financeiros (Latin America)

Source: Bloomberg  |  Author(s): Jonathan Levin

Brazilian private equity firm Gávea Investimentos has invested more than BRL100 million (approximately US$32 million) for a minority stake in Brazil-based debt collection company Paschoalotto Serviços Financeiros. The company has more than 8,000 employees and operates throughout Brazil.