Patria First to Finish Line in Brazil Fundraising Marathon

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(PEHub) Patria Investimentos, the Brazil-focused private equity shop backed by The Blackstone Group, has emerged first among a group of contenders raising money for new Brazil funds. Read more

Carlyle Is Said to Be Raising New Brazilian Buyout Fund

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(Dealbook) The Carlyle Group has made large strides toward raising a new Brazilian buyout fund, obtaining some R$375m, or about US$170m, in a first close. Read more

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

After Tough Competition, Rival Baby E-Commerce Sites in Brazil to Merge

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(Dealbook) The online baby and maternal products company BebeStore completed an agreement to acquire its former rival Baby, and was expected to announce the deal this week. 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