Global alternative asset manager The Carlyle Group and Brazil-focused alternative investment and asset management firm Vinci Partners have agreed to invest in Brazil-based education company Uniasselvi, a subsidiary of Kroton Educacional. The transaction will be structured through Carlyle’s South America Buyout Fund and Fundo Brasil de Internacionalização de Empresas II… Read More
Axxon Group, a private equity firm that focuses on small and mid-cap companies in Brazil, has reached a final close for its Axxon Brazil Private Equity Fund III with US$400 million in capital commitments, exceeding its US$350 million target. Investors in the fund include endowments, foundations, public and private pension… Read More
Latin America-focused investment bank BTG Pactual’s private equity arm has agreed to reduce its stake in Brazil-based Bravante, a service provider for offshore oil platforms, from 47 percent to 10 percent via a sale to existing shareholders in the company. BTG Pactual originally invested in Bravante in 2010. Financial details… Read More
Global growth markets investor The Abraaj Group has closed on the issuance of MXN3.2 billion (approximately US$191 million) of Mexican publically traded certificates, or CKD (Certificado de Capital de Desarrollo). The Mexico-focused CKD will invest in mid-sized businesses in the retail, consumer goods, healthcare, education, logistics and financial services sectors. Read More
Chile-focused fund manager Ecus Private Equity has sold its stake in Chile-based laundry company Albia to Elis, a multi-services group based in Europe and Brazil that specializes in the rental and maintenance of professional clothing and textile articles. Albia operates eight laundry facilities in Chile and has commercial clients in… Read More
Global private equity and venture capital fund manager Northgate Capital has completed a MXN4 billion (approximately US$234 million) quasi-equity/mezzanine CKD (Certificado de Capital de Desarrollo) offer through the Mexican Stock Exchange. The CKD fund will make debt structured transactions with medium-sized Mexican companies that require financing for capital expenditure, strategic… Read More
Latin America-focused private equity firm Linzor Capital Partners has acquired a majority stake in Onest Colombia, a Colombia-based specialty credit company focused on payroll loans to public sector employees and financing of public vehicles. The transaction included a primary investment of US$40 million and a secondary component of an undisclosed… Read More
Mexico-focused private equity fund manager Nexxus Capital has fully exited its stake in Mexico-based diagnostic healthcare company Diagnósticos de México, Diamex (Olab) to an undisclosed strategic buyer in the diagnostics sector. Olab offers diagnostic imaging and clinical analysis through a network of 40 branches. Financial details of the transaction, which… Read More
Global private equity investor Advent International has agreed to acquire a 13 percent stake in Fleury, a Brazil-based diagnostic services provider, from a group of physicians. The transaction is subject to closing conditions and is expected to be completed in the fourth quarter of 2015. Financial details of the transaction… Read More
Mexico-focused venture capital firm DILA Capital has invested in Mexico-based online bus-ticketing platform Reserbus. The company seeks to develop a system to aggregate bus ticketing across Mexico’s independent bus operators. Financial details of the transaction were not disclosed. Read More
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