The Carlyle Group to Acquire 25 Percent of Grupo Orguel (Latin America)
Source: The Carlyle Group
The Carlyle Group has announced the acquisition of a 25 percent stake in Brazilian equipment rental company Grupo Orguel. Grupo Orguel has 75 branch locations in 11 Brazilian states. The investment was made via Carlyle’s US$776 million South America Buyout Fund and Fundo Brasil de Internacionalização de Empresas, a BRL360 million fund advised by Carlyle and Banco do Brasil. Financial terms of the transaction were not disclosed.