An investor group led by global private equity firm Advent International has signed a definitive agreement to acquire a 22 percent interest in Colombia-based Oleoducto Central, a crude oil transportation system, from oil and gas companies Talisman Energy, Total Colombia Pipeline and Compañía Española de Petróleos. Talisman will receive… Read More
U.K.-based publishing and education company Pearson has agreed to acquire 100 percent of Brazil-based English-language training company Grupo Multi from the Brazilian Martins family, which holds a 78 percent stake, and alternative investment management firm Kinea Investimentos. The total transaction value will be around GBP440 million (approximately US$721 million). Read More
Mexico-based private equity firm Nexxus Capital has held a final close on its sixth private equity fund, Nexxus Capital VI, with US$550 million in capital commitments, exceeding its target of US$400 million. Investors include pension plans, sovereign wealth funds and endowments from North America, Europe and the Middle East. Read More
Brazil-focused investment management firm Performa Investimentos and private equity fund manager Mantiq Investimentos have invested BRL70 million (approximately US$31 million) in Brazil-based fertilizer producer Geociclo. The company, which produces a fertilizer from poultry waste products and sugarcane waste, intends to use the capital injection for expansion projects. Read More
Mexico-focused private equity fund manager WAMEX Private Equity has invested US$32 million, jointly with German development finance institution Deutsche Investitions- und Entwicklungsgesellschaft (DEG), in Mexico-based retail chain Bodesa. This was reportedly the sixth and final transaction structured through WAMEX’s second growth fund, MIF II. Bodesa, which operates stores in… Read More
Venture capital firms Monashees Capital, Ribbit Capital, 500 startups, Napkin Ventures and Valar Ventures have participated in a Series B funding round in Brazil-based technology startup ContaAzul. The company, which owns a management system aimed at small companies, previously raised a Series A round in January 2013. ContaAzul intends… Read More
Brazil-focused alternative investment and asset management firm Vinci Partners and P2 Brasil, a partnership of Pátria Investimentos and Promon, have signed a deal to buy Brazil-based offshore shipping company Companhia Brasileira de Offshore (CBO) and shipyard Estaleiro Aliança, both previously controlled by Fischer group, a multinational Brazilian company involved… Read More
Emerging markets investment manager Capital International has signed an agreement to acquire a 27 percent stake in Chile-based financial services provider Tanner Servicios Financieros via a subscription of newly issued shares for US$200 million. The transaction will be structured through Capital International Private Equity Fund (CIPEF) VI. Tanner intends… Read More
Development finance institution International Finance Corporation (IFC) and IFC Asset Management Company (AMC), a wholly owned subsidiary of IFC, have invested US$20 million in Brazil-based provider of natural gas logistics services Neogas. IFC AMC’s investment was structured through IFC African, Latin American and Caribbean Fund (ALAC). Neogas, which currently… Read More
Aqua Capital, a private equity firm focused on growth investments in mid-market companies in Latin America, has held a final close on its Agribusiness & Food Fund with total capital commitments of US$173.4 million, exceeding its target of US$150 million. Limited partners in the fund include United States, European,… Read More
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