Mexican venture capital fund Alta Ventures Mexico has invested US$1.5 million in Ondore, a company specializing in big data analysis and online reputation management. Ondore, which has offices in Mexico City and San Francisco, plans to use Alta Ventures’ investment to expand sales and marketing efforts for its flagship… Read More
Senior Solution, a Brazilian software company, has held an initial public offering in Brazil that raised BRL62million (approximately US$32 million). The company, which was listed on Brazil’s BOVESPA Mais without a share offering in May 2012, sold 3.5 million new shares. Brazilian investment and advisory firm Stratus Group and… Read More
A consortium of investors led by international investment firm 3i Group has agreed to acquire Brazilian eyewear retailer Óticas Carol (OC) from Brazilian entrepreneur Marcos Amaro for BRL108 million (approximately US$54.8 million). The investment is intended to support OC’s plan to expand throughout Brazil. Institutional investors Siguler Guff &… Read More
Beamonte Investments, a U.S.-based investment and advisory firm, has acquired a minority stake in Integra Arrenda, a Mexican transportation equipment leasing and financing company. Integra Arrenda is the financial arm of Mexico’s Grupo Andrade, which leases and sells automobiles and other vehicles in Mexico. Financial details of the transaction… Read More
Mining-focused private equity firm Resource Capital Funds has invested in Brazilian calcium carbonate producer Provale. Provale plans to use part of the invested capital to build two new production plants. Financial details of the transaction were not disclosed. Read More
Brazil-focused alternative investment company GP Investments has invested BRL100 million (approximately US$50.4 million) in Empresa Brasileira de Agregados Minerais (EBAM), a Brazilian mining company and producer of mineral aggregates. GP Investments structured the transaction through Basel Participações, a holding company under its GP Capital Partners V private equity fund. Read More
Global alternative asset manager The Carlyle Group has raised US$308 million for Carlyle Peru Fund and its parallel vehicles. The fund will invest in consultation with Peruvian bank Credicorp across industries including healthcare, retail, consumer, education and services to mining, construction and infrastructure businesses. Carlyle opened an office in… Read More
Safer Taxi, a Chile-based mobile taxi service application developer, has received a US$4.2 million investment from venture capital firms Otto Capital, Kaszek Ventures and Draper Associates. Safer Taxi allows its users to summon taxis through a smartphone application and has 2,250 registered taxis in Chile, Brazil and Argentina. Read More
Brazilian private equity firm Modal Private Equity has invested BRL100 million (approximately US$50.1 million) in Georadar Group, an oil and gas exploration and production company based in Brazil. The investment, which was made through Modal’s Óleo & Gás FIP, is intended to expand Georadar’s offshore and international activities. Read More
WAMEX Private Equity, a Mexican private equity firm, has invested US$32 million in Productos Medix, a Mexican pharmaceuticals manufacturer. Productos Medix has a portfolio of over 50 pharmaceutical products, prescribed throughout Mexico, Colombia and Argentina, for patients with obesity-related problems. The investment was made via WAMEX’s Multinational Industrial Fund… Read More
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