The Carlyle Group has acquired 60 percent of Brazilian furniture retailer Tok&Stok from the company’s founders, Ghislaine and Régis Dubrule, who will retain the remaining 40 percent. Funding for the transaction will come from the US$1 billion pool of capital managed by Carlyle’s South America Buyout Fund and Fundo… Read More
Russian online video service Ivi.ru has secured a US$40 million investment from Russia-based private equity firm Baring Vostok Capital Partners and a consortium of existing shareholders including Russian venture capital funds ru-Net and Frontier Ventures, U.S.-based investment firm Tiger Global Management and Russian media and entertainment group… Read More
Emerging markets investor Actis has invested US$68 million in CNA, an English language training provider in Brazil. The investment will be partially funded through Actis’s new global fund, Actis 4. CNA operates more than 500 schools in Brazil and sells over 400,000 textbook kits per year. Actis currently has… Read More
International Finance Corporation (IFC) and the IFC African, Latin American, and Caribbean Fund (IFC ALAC Fund), a private equity fund managed by IFC Asset Management Company, has agreed to invest US$27 million in Colombian oil and gas exploration company PetroNova. Under the terms of the transaction, IFC will contribute… Read More
Darby Overseas Investments, the private equity arm of Franklin Templeton Investments, has invested BRL35 million (approximately US$17.1 million) in Dall, a Brazilian supplier of foods and logistics services for hotel and offshore platforms. The investment was made through Darby’s BRL387.5 million (approximately US$235 million) Brazil Mezzanine Infrastructure Fund, which… Read More
Emerging markets-focused small and medium enterprise investor Small Enterprise Assistance Funds (SEAF) has announced the completion of its July 2012 exit from logistics firm Outsourcing Peru. The owner of Outsourcing Peru repurchased the 53 percent stake owned by SEAF’s Fondo Transandino Peru and repaid the debt financing provided by… Read More
Darby Overseas Investments, the private equity arm of Franklin Templeton Investments, has announced the exit of its holding in Grupo Financiero Improsa, a Costa Rican financial institution. Darby first invested in the company in 2000 through the Darby ProBanco I Fund, a specialized financial sector fund focused on Latin… Read More
The Carlyle Group has announced the acquisition of a 25 percent stake in Brazilian equipment rental company Grupo Orguel. Grupo Orguel has 75 branch locations in 11 Brazilian states. The investment was made via Carlyle’s US$776 million South America Buyout Fund and Fundo Brasil de Internacionalização de Empresas, a… Read More
Latin America-focused private equity firm Linzor Capital Partners has exited its remaining 14.92 percent stake in Chilean healthcare group Grupo Cruz Blanca Salud through a share sale on the Santiago Stock Exchange. Linzor reportedly sold over 92 million shares for approximately CLP46.5 billion (approximately US$96.3 million). Linzor had previously… Read More
Mexican private equity fund manager Nexxus Capital has announced the purchase of a 38.85 percent stake in local natural stone retailer Maak Holding. The transaction was carried out through Nexxus Capital IV (Nexxus IV) and Nexxus Capital Private Equity Fund V (Nexxus V). Maak Holding owns and operates a… Read More
(default archive template)