H.I.G. Races through Fundraising on Debut LatAm Fund

Tags: , , ,

(PEHub) H.I.G. Capital is moving at a quick pace through its debut Latin American fund, and expects to be wrapped up this year, according to three people with knowledge of the fundraising. Read more

Aqua Capital Completes Third Deal & Acquires a Majority Stake in GeneSeas

Tags: , , , , ,

(PEHub) GeneSeas has units in the states of Sao Paulo and Mato Grosso do Sul. The GeneSeas transaction marks the third deal closed by Aqua Capital in 2015. Read more

Loggi Receives Investment of R$50m (em portuguêse)

Tags: , , , , ,

(Fusões & Aquisições) Loggi, the online express delivery services, just received financing totaling R$50m from three venture capital funds, Dragoneer Investment Group, Monashees Capital and Qualcomm Ventures. Read more

Gávea Buys 5% in Brazilian Clothing Brand, Hering

Tags: , , , ,

(Veja.com) Gávea has acquired a 5.3% stake in Brazilian clothing brand Hering via a PIPE transaction. Read more

Hortifruti Buys São Paulo Rival Natural da Terra (em portuguêse)

Tags: , , , ,

(Valor Econômico) Brazilian food retailer Hortifruti has just acquired rival firm Natural da Terra. This transaction is waiting for approval from Brazil’s Economic Defense Administrative Committee (CADE). Hortifruti was backed in 2010 by Bozano Investimentos, which is currently trying to sell a 35% stake it has in this firm. Read more

Carlyle Offers to Pay Up to $US204 mln for Brazil’s Tempo

Tags: , , ,

(Reuters) Carlyle Group LP offered to buy Brazilian specialized assistance provider Tempo Participações SA for up to 718 million reais ($204 million) in what may be the private equity firm’s second deal in the country this year. Read more

Top VCs Are Chasing Digital Companies In Latin America

Tags: , , ,

(TechCrunch) It has been difficult to attract investors to the digital startup space in Latin America. This is because of a variety of reasons, including the lack of a track record of established VC firms in Latin America, the immaturity of the new generation of entrepreneurs and the scarcity of exit strategies in the region.

Not anymore. Read more

Nubelo Buys an Additional 31% of Prolancer (en español)

Tags: , , , , , , , , , , ,

(Expansión) Freelance employment portal Nubelo acquires Brazilian counterpart, Prolancer. Read more

Brazil’s BankFacil Secures $3M, Launches Low-Rate Consumer Loans

Tags: , , , ,

(Wall Street Journal) BankFacil aims to make getting a consumer loan in Brazil inexpensive and easy and has raised venture backing to do it. Read more

Intermédica Buys Santamália (em português)

Tags: , , ,

(Valor Econômico) Healthcare services provider Intermédica closed the purchase of 100% of healthcare insurance provider and hospital/clinic operator, Santamália signifying an add-on deal for Bain Capital in Brazil. Read more