Advent International to Invest in Cataratas do Iguaçu S.A.

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(Press Release) Advent International, one of the largest and most experienced global investors dedicated solely to private equity, today announced that it has agreed to make a significant equity investment in Cataratas do Iguaçu S.A. Advent will work closely with the company’s current shareholders, all of whom will retain ownership in the business, to improve Cataratas’s services and operations and expand into additional parks and tourism-related businesses in Brazil. The investment, which is subject to certain closing conditions, is expected to be completed in the second half of 2014. Terms were not disclosed. Read more

Brazil’s NEO Investimentos Targets International Capital for First Time

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(PEHub) NEO Investimentos, a Brazilian-based GP, is raising its third fund and targeting international limited partners for the first time, according to two people with knowledge of the process, as well as regulatory documents. Read more

Brasilera Clickbus Receives US$10m to Run the World via Bus (em português)

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(Startupi) Clickbus received a second round of investment Internet Group, Tengelmann Ventures and Holtzbrink Ventures after receiving an initial investment of US$2.5m from Rocket Internet. In addition, the company announced plans to expand to Turkey and Pakistan in addition to its current operations in Brazil, Germany, Mexico, Poland and Thailand. Read more

Management Startup Nibo Receives Investment from Two Funds

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(Exame) Nibo, the financial software management company for small and medium businesses, announced today a new investment from funds Redpont e.Ventures and Valor Capital Group. In addition, the startup launched a new tool to facilitate communication between entrepreneurs and accountants. Read more

Incube Buys 99Motos for R$3m and Relaunches as MovMov.it (em português)

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(Startupi) Incube, the investment fund and developer of mobile applications and technologies, acquired 99Motos, a startup for courier services, for R$3m. The company has since been relaunched as MovMov.it. Read more

Vale Concludes Sale of Stakes in VLI to Brookfield

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(Press Release) Vale informs that it has concluded the transaction announced on December 23, 2013, transferring 26.5% of the total capital of VLI to investment funds managed by Brookfield Asset Management, for R$2b. As a result of the completion of this transaction, Vale now holds 37.6% of VLI’s total share capital. Read more

Singapore’s GIC takes 18.5% Stake in Brazil’s Abril Educacao

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(PEHub) Singapore sovereign wealth fund GIC said on Friday it has acquired an 18.5% stake in Brazilian education services company Abril Educacao. Read more

Anjos do Brasil Study Shows Angel Investments in Brazil Have $R2.6b Potential

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(Press Releases) The second Congress on Angel Investments, promoted by the Anjos do Brasil, announced the results of original research on the profile of angel investors in Brazil for the year 2014/2015. Read more

HelloFood Receives R$137m Investment (em português)

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(E-Commerce News) HelloFood, an online food delivery platform, received an investment of R$137m from investor groups Falcon Edge Capital and Rocket Internet. In total, HelloFood has received more than $R200m in investments since its inception in 2012. Read more

Movile Receives Investment of R$125m (em português)

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(E-Commerce) Movile, a mobile solutions provider, received financing of R$125m to invest in mobile commerce and messaging services in Brazil. The majority of the investment of R$80m came from Innova Capital Fund, with another R$45 from Finep, an agency of the Ministry of Science, Technology and Innovation. Read more