Advent International to acquire Allied S.A. from One Equity Partners

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(Press Release) Advent International, one of the largest and most experienced global private equity investors, today announced that it has signed a definitive agreement to acquire majority ownership of Allied S.A., the leading independent marketer and provider of technology products in Brazil, from One Equity Partners (OEP) and other minority shareholders. The Radomysler family, which founded the company, will retain a significant minority stake and continue to lead Allied. The transaction, subject to regulatory approval and certain closing conditions, is expected to be completed in the first quarter of 2015. Financial terms of the acquisition were not disclosed. Read more

Victoria Capital Partners Exits Brazil’s Damasio Educacional

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(Press Release) DeVry Education Group, a global provider of educational services, announced that DeVry Brasil has signed a definitive agreement to acquire Damásio Educacional. Completion of the transaction is expected to occur February 2015, subject to all regulatory approvals. Read more

Brazil’s Gavea Closes US$1.1b For Its Next Fund

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(Valor Economico) Gavea closed US$1.1b for its next private equity fund, Gavea Investment Fund V. Read more

Verus Group Invests in Cuponeria

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(Press Release) Verus Group, one of the largest start-up investment groups in Brazil, just closed an investment of R$800 thousand ($320 thousand) in Cuponeria, a tech company that allows large consumer brands to issue discount coupons, as well as shoppers to use them at brick-and-mortar retail stores, in electronic form. Read more

Apax Partners and Bain Capital Make Counteroffer for Brazil’s Oi

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(World News Report) On the heels of Altice’s announced plan to purchase the Portuguese assets of Portugal Telecom (PT) from Oi of Brazil, private equity funds Apax Partners and Bain Capital jointly launched a counteroffer of €7.075 billion (US$8.82 billion) on Wednesday to acquire control of PT. Read more at World News Report

Brazil’s Bozano Investimentos Raises US$309m for Education-Focused Fund

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(Dealbook) The Brazilian investment firm Bozano Investimentos has raised a new 800 million reais (about US$309m) private equity fund focused on the education sector, in another indication that some investors are looking beyond the country’s current economic travails. Read more

South Ventures Invests in Colombia’s Formafina (en español)

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(South Ventures) South Ventures participated in Formafina’s new investment round totaling US$1.5m to execute the company’s expansion in Colombia. Read more

Azul, Brazil Airline Started by JetBlue Founder, Files for I.P.O.

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(Dealbook) Azul Linhas Aéreas Brasileiras, an airline Mr. Neeleman founded in Brazil in 2008, has filed papers with the Securities and Exchange Commission in the United States and the Brazilian securities regulator, the C.V.M., to conduct an initial public offering. TPG Growth, Weston Presidio, Grupo Bozano, and Gávea Investimentos each own stakes in Azul. Read more

Brazil’s Monashees Launches Fund VII with US$140m Target

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(Alt Assets) Brazilian venture capital firm Monashees Capital has launched its seventh vehicle with a $140m target, AltAssets can reveal. Read more at Alt Assets

Bamboo Finance in Brazil

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(Press Release) Bamboo Finance, a global private equity group specializing in investing in business models that benefit low-income communities in emerging markets, announced today a US$2m investment in Brazil Plus. Brazil Plus, founded in 2008, invests in the Brazilian economy by financing the receivables of small and medium companies, providing working capital so that these companies can grow, generate jobs, and be sustainable. Read more