(Alt Assets) Sinca Imbursa, the private equity fund run by the world’s second richest man, has exited its stake in Mexican pharmaceutical business Landsteiner Scientific. Read more at Alt Assets

(Reuters) Brazilian iron ore miner Vale said on Monday it agreed to sell a 26.5 percent stake in logistics company VLI SA to Canada’s Brookfield Asset Management for R$2b reais (US$842.78m). Continue reading “Vale to Sell VLI Shares to Brookfield for US$842m”

(Press Release) Advent International, the global private equity firm, and Alothon Group, the Brazil-focused private equity firm, today announced the signing of a definitive agreement to sell Atmosfera, the leading industrial laundry company in Brazil, to Elis, the European leader in linen rental and laundry services, sanitary equipment and drinks dispensers. The acquisition will be funded by a combination of debt and equity financing, with Eurazeo, Elis’ majority owner, contributing additional equity to Elis. The transaction is expected to be completed in the first quarter of 2014. Continue reading “Advent International and Alothon Group to Sell Atmosferam to European Leader Elis”

(PEHub) Promotora Venture Capital Fund has invested in PrimeStone, a Colombia-based company that develops and supplies sophisticated smart grid applications and solutions for data collection, validation, management, control and data exchange. The company will use the investment for international expansion. Continue reading “Promotora Venture Capital invests in PrimeStone”

(UOL Economia) Brazilian telecoms carrier Oi has concluded the sale of its subsidiary, the international carrier and submarine fiber optics company GlobeNet, to Brazilian investment bank BTG Pactual for R1.783b (US$754m). Continue reading “Oi Concludes Sale of Fiber Optics Company to BTG Pactual (em português)”

(National Post) Bricapital, a Colombia-based private equity firm focused on the hotel and resort asset class in Colombia, announced today it acquired interest in the first Hyatt Regency branded hotel in Colombia, in the coastal city of Cartagena. Bricapital, SAS is a subsidiary of Brilla Capital, the Miami-based real estate private equity firm with operations throughout the region. This transaction is part of a strategic partnership between the firm and Ospinas & Cia., a leading regional developer with more than 80 years of history in Colombia. Continue reading “Bricapital Makes Strategic Investment in Colombia’s First Hyatt Regency Hotel”

(Baguette) Mandic received a capital infusion from Intel Capital and its current partners. Transaction details were not disclosed. Typically, Intel Capital invests between $2 million and $20 million. Continue reading “Mandic Receives an Investment from Intel Capital (em português)”

(Press Release) Gerbera Capital Venture Equity Fund has lead a round of investment along with Fondo Mexico Ventures in Soccerly.com, a U.S. market focused soccer site featuring user generated content. Continue reading “Gerbera Capital Leads Round of Investment in Soccerly.com (en español)”

(Press Release) ComparaOnline.com (“ComparaOnline”), the leading insurance and financial services marketplace website in Latin America, today announced that Simon Nixon, the founder of Moneysupermarket.com, has joined ComparaOnline’s Board of Directors and made a $3 million investment in the Company. Additional terms of the investment were not disclosed. Continue reading “Kaszek-backed ComparaOnline Receives New Capital”