Peru-based private equity firm Nexus Group has announced the closing of its second private equity fund, NG Capital Partners II, with US$600 million in committed capital. The fund will primarily invest in Peru, but may also invest in other Andean countries. The firm raised capital from international pension plans,… Read More
Panama-headquartered English-language learning service Open English has raised US$65 million in its Series D venture capital financing round led by technology-focused private equity and venture capital firm Technology Crossover Ventures. Redpoint Ventures and Insight Venture Partners also participated in the transaction. The funding is intended to finance Open English’s… Read More
Global private equity firm General Atlantic has invested BRL400 million (approximately US$199 million) in SMILES, a subsidiary of Brazilian airline GOL Linhas Aéreas Inteligentes. The transaction took place as part of SMILES’ initial public offering on the BM&FBOVESPA exchange, which raised BRL953.6 million (approximately US$474 million) after commissions and… Read More
Mercatto, a Brazil-focused investment firm, has invested in Brazilian dairy products maker Laticínios São Vicente. The company produces a range of cheeses, which it sells to supermarkets and restaurants under the São Vicente and Montagnard brands. Financial details of the transaction were not disclosed; however, Mercatto reportedly acquired over… Read More
Mexican private equity firm EMX Capital has announced the final close of EMX Capital Partners I with US$192.3 million in committed capital. The fund was raised through two parallel vehicles—a MXN1.5 billion (approximately US$124.1 million) vehicle for pension fund investors from Mexico and a US$68.2 million vehicle for local… Read More
Brazilian private equity firm TMG Capital has invested in NeuroTech, a Brazilian software company. NeuroTech provides software services to clients to help them gather information from company databases. Financial details of the transaction were not disclosed. Read More
GetNinjas, a Brazilian web platform for hiring local services, has received BRL6 million (approximately US$3 million) from a group of investors including private equity and venture capital firms Otto Capital, Monashees Capital and Kaszek Ventures. The company intends to use the investment to expand its development team, grow its… Read More
Kinea Investimentos, the alternative investment arm of Brazil’s Banco Itaú, has reportedly invested BRL170 million (approximately US$84 million) for a 20 percent stake in Grupo ABC, a Brazilian advertising, marketing and publicity company. Grupo ABC intends to use the funding to continue its expansion into northeastern Brazil, and to… Read More
Fundo Pitanga, a Brazilian private equity fund, has invested in Brazilian industrial automation systems developer I.Systems. I.Systems has developed a tool to improve the performance of current industrial automation software, and intends to use the funding to market its product in Brazil and abroad. Financial details of the transaction… Read More
Brazil-focused private equity firm FIR Capital Partners has invested in Clube de Autores, an online book printing service based in Brazil that targets independent authors. Clube de Autores’ software connects authors with printing companies, and the company plans to also market its software for online sales and management of… Read More
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