Overview of the Colombian Regulatory Landscape During the last decade, stable economic growth, highimpact political and economic reforms together with impressive improvements in security and investor protections have drawn the spotlight to Colombia. Gross domestic product has grown an average of 4.7% annually over the past 10 years¹ and foreign… Read More
Brazil-based online test-prep company Rota dos Conursos has received a round of financing from internet- and education-focused venture capital firm Monashees Capital, education-focused venture capital firm Gera Venture, United States-based investment fund and accelerator 500 Startups and other angel investors. Rota dos Concursos intends to use the capital injection… Read More
Argentina-based provider of online restaurant reservations Restorando has closed a US$13.3 million Series B funding round led by early-stage venture capital investor Flybridge Capital Partners. Existing venture capital investors Emergence Capital Partners, Kaszek Ventures, Atomico and Storm Ventures also participated in the round. The company had previously raised US$3.7… Read More
Global energy investor EIG Global Energy Partners has acquired Brazil-based LLX, the logistics company of the energy and mining conglomerate EBX Group, for BRL1.3 billion (approximately US$557 million). The new capital will allow LLX to finish its Açu Superport, an industrial port venture designed to service Brazil’s commodity exports… Read More
Global private equity and venture capital firm Insight Venture Partners (IVP) led a US$20 million Series C round investment in Brazil-focused vacation bookings e-platform HotelUrbano for about a four percent stake. The company, which was valued at approximately US$250 million in April, plans to use the new capital to… Read More
International Finance Corporation (IFC) and two funds managed by IFC Asset Management Company (IFC AMC) have signed an agreement to invest US$150 million in Colombia-based oil and gas investor Pacific Infrastructure Ventures. IFC AMC’s investment will be structured through IFC Africa, Latin American and Caribbean Fund and IFC Global… Read More
Global private investment firm H.I.G. Capital’s Brazilian affiliate has completed a strategic investment in LG Sistemas, a Brazil-based human resources software provider. LG Sistemas plans to use the investment to strengthen its R&D capabilities and broaden its portfolio of software solutions and services. Financial details of the transaction were… Read More
Global emerging markets investor Capital International Private Equity Funds (CIPEF), via Capital International Private Equity Fund VI, and U.S. and Latin America-focused private equity investment firm ACON Investments, via ACON Latin America Opportunities Fund, have jointly acquired Vetra Energia, a Colombia-based, privately-held oil producer. Vetra controls exploration and production… Read More
Emerging markets investment manager Ashmore Group has invested in Diagnosticos Cardiologicos Especializados (Diacorsas), a private healthcare company in Colombia focused on the construction and operation of hospitals and specialty medical centers. Ashmore Group reportedly provided an initial loan for US$11.6 million, but did not indicate how much it would… Read More
Spanish venture capital fund Seaya Ventures has invested EUR2.5 million (approximately US$3.8 million) in SinDelantal.Mx, a Mexico-based online food delivery platform. Working with 1,000 restaurants in Mexico City, the company receives over 10,000 orders per month, and intends to use the financing to continue its growth. Read More
(default archive template)