Axon Sells its Shares in ClickDelivery with a Return of Nearly 4x

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(Press Release) Axon Partners Group has exited ClickDelivery, the leading online food delivery service in the Andean Region, with Delivery Hero, one of the global leaders in the online food-ordering industry, becoming majority shareholders in the growing company. Read more

SAS Sistema de Ensino Partners with Global Growth Investor General Atlantic

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(Press Release) SAS Sistema de Ensino (SAS), a leading learning system provider in Brazil, announced that General Atlantic, a global growth investor, will make a strategic investment in the company. Read more

Blackstone-backed Patria Beats Fund V Target with US$1.75b

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(PEHub) Patria Investimentos, backed by The Blackstone Group, has closed its fifth private equity fund on US$1.75b, beating its original US$1.5b target, according to a person with knowledge of the fundraising. Read more

First infra debt fund begins trading in Brazil

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(PEI) The BRL315m infra debt fund raised by Banco do Brasil’s BB DTVM and two others is the first such vehicle to be listed on the São Paulo stock exchange. Read more

OpenGate Capital Acquires Damovo Mexico and Brazil Operations

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(Press Release) OpenGate Capital, a global private investment firm, announced today that it has acquired the shares owned in Damovo Mexico SA de CV and Damovo Do Brasil SA by the Damovo Group. The businesses are highly specialized Internet Protocol (IP) and Unified Communications (UC) systems integrators serving blue chip customers throughout Latin America. The terms of the acquisition were not disclosed. Read more

GP Investments Makes 67% IRR Selling Brazilian Telecom Operator to American Tower Corporation

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(Alt Assets) Bermuda-based private equity firm GP Investments has almost tripled its investment in telecom provider BR Towers after American Tower Corp bought the business for close to US$1bn. Read more at Alt Assets

Adtrade is Sold to France’s ESV Digital (em português)

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ESV Digital announced the purchase of Adtrade, a Brazlian online advertising startup. The company arrived in Brazil through a partnership with Project Ventures has invested in Adtrade. The the value of the transaction was not announced. Read more

Blackstone-backed Patria nears US$1.5b final close for Brazilian buyout fund

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(Alt Assets) Brazilian private equity firm Patria Investimentos is within a whisker of its US$1.5bn target for its latest buyout fund. Read more at Alt Assets

Banco Santander To Sell Half Of Custody Business To Warburg Pincus-led Group

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(RTT News) Grupo Financiero Santander Mexico,said that its parent company Spanish bank Banco Santander has agreed to sell a 50% stake in its custody business in Spain, Mexico and Brazil to a group led by private equity firm Warburg Pincus. Read more

American Tower Corporation Announces Acquisition of BR Towers in Brazil

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(Businesswire) American Tower Corporation announced that it has reached an agreement with GP Investments to acquire 100% of the equity interests of BR Towers, a Brazilian telecommunications real estate company. Read more