(Ideiasnet) April 10, 2012 – Ideiasnet, a Brazilian venture capital company that invests in fast growing tech businesses, has sold its stake in Softcorp, a software distribution company. With over 20 years of market experience, Softcorp is one of Microsoft’s main partners for systems and solutions development in Brazil. The company value paid was R $15 million (US $8.25 million). Read more
Intel Capital and Catalyst Invest in Minha Vida, largest health and wellness portal in Brazil
Tags: Brazil, Deal, Health, Tech
(Intel Capital) April 9, 2012 – Intel Capital, Intel’s global investment and M&A organization, and Catalyst, an investment fund created by Endeavor to support companies in its portfolio, have announced an investment in the Minha Vida (“My Life”) health and wellness portal. Read more
Cisco to Spend R$1B in Brazil to Fund Tech Center, Startups
Tags: Brazil, Venture Capital
(Bloomberg Businessweek) April 2, 2012 – Cisco Systems Inc. (CSCO) said it will spend more than $1 billion reais ($546.6 million) in Brazil in the next four years to boost manufacturing in the South American nation and step up investment in local startups. Read more
The Carlyle Group Launches Program to Improve Education in Brazil
Tags: Brazil
(The Carlyle Group) March 29, 2012 – Global alternative asset manager The Carlyle Group today announced that its South America investment team has established The Carlyle Brazil Institute, a non-profit organization partnering with non-governmental organizations (NGOs) to improve the education system in Brazil. Read more
Equity International Announces New Investment in Grupo Thá
Tags: Brazil, Investments, Private Equity
(Equity International) March 28, 2012 – Equity International (EI), the privately held investor and builder of world-class companies outside of the United States, announced today the acquisition of an equity interest in Grupo Thá, a leading regional homebuilder based in Curitiba, Brazil. Read more
Riverwood-backed Mandic Acquires Tecla Internet
Tags: Brazil, Investments, Tech Industry
(Riverwood Capital) March 28, 2012 – Riverwood Capital, a globally-focused private equity firm that invests in high-growth businesses in the technology and services industries, announced today an investment plan of R$100M for the next three years, which includes the acquisition and integration of Mandic SA (“MANDIC”) and Tecla Internet (“TECLA”). Read more
Aceco TI Receives Investment from Global Growth Investor General Atlantic
Tags: Brazil, Investments, Tech Industry
(General Atlantic) March 27, 2012 – Aceco TI, the leading company focused on design and maintenance of data centers in Brazil and Latin America, today announced that General Atlantic LLC (“GA”), a global growth equity firm, has made an investment in Aceco TI for a minority stake in the company. Read more
VC-backed CromoUp Launches Site in Brazil (em português)
Tags: Brazil, Venture Capital
(Valor Econômico) March 26, 2012 – CromoUp, a new online site that allows users to buy and trade virtual packages of stickers and content from celebrities, will launch this week. Brazilian singer Claudia Leitte is the first artist to participate in the project. CromoUp is backed by several investors, including Confrapar, a venture capital firm based in Belo Horizonte. Read more
