Axon Sells its Shares in ClickDelivery with a Return of Nearly 4x

Tags: , , , , , ,

(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

Linio, Rocket Internet’s Amazon Play In Latin America, Rakes In Another $79M

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

(TechCrunch) Rocket Internet, the Berlin-based e-commerce incubator, is today announcing the latest chapter in its strategy to build out businesses in emerging countries. Linio, an Amazon-style e-commerce marketplace active in Mexico, Colombia, Venezuela and Peru, has raised an additional $79 million (€58 million), led by new investor Northgate Capital and Access Industries. The company says the financing will be used to expand its footprint to other large Latin American markets like Chile and beyond. Read more

Equitas Capital Completes Sale of its Stake in Buuteeq to The Priceline Group

Tags: , , , ,

(Press Release) Equitas Capital today announced that it sold its stake in buuteeq, a company started in Chile, headquartered now in Seattle, which powers the web sites for hotels around the world. Buuteeq was acquired by The Priceline Group. Terms of the deal were undisclosed. Buuteeq will continue to operate as an independent business within The Priceline Group. Read more

Apax Plans Investments in Brazil

Tags: , , , ,

(WSJ) U.K-based private-equity firm Apax Partners LLP plans to invest hundreds of millions of dollars in Brazilian companies in the next 12 to 18 months, an executive of the firm said. Read more

Magma Partners Launches in Chile with US$5m to Invest

Tags: , , ,

(Pulso Social) A new private investment fund is launching today to disrupt the startup ecosystem in Chile and throughout Latin America. The new entity, Magma Partners, promises a transparent approach that leaves the reigns in the hands of entrepreneurs. Read more

Investment Funds Snap Up Madonna Gyms in Chile

Tags: , , , ,

(Latin Lawyer) Chile’s Noguera, Larraín & Dulanto has helped Buenos Aires based private equity fund Victoria Capital Partners and Chilean investment bank Hudson Bankers acquire gym chains Energy Fitness and Hard Candy from US private equity company New Evolution Ventures (NeV). Read more

Latin American E-Commerce Giant to Acquire 2 Real Estate Sites

Tags: , , ,

(Dealbook) The Latin American e-commerce giant MercadoLibre has acquired VMK, a holding company that owns two major real estate websites, the companies are expected to announce on Wednesday. Read more

Southern Cross Exits 50% Stake in Chile’s Gas Atacama

Tags: , , ,

(Alt Assets) Private equity firm Southern Cross has exited its 50 percent stake in Gas Atacama to electric utility group Endesa Chile for $309m. Read more at Alt Assets.

SCL Energia Activa Secures Around US$100m for New fund

Tags: , , ,

(Alt Assets) Chilean private equity firm SCL Energia Activa has reportedly raised one third of its second energy fund. Americas Energy Fund II has secured commitments of US$100m towards its US$300m target.

SCL Energia Activa Secures Around US$100m for New fund

Tags: , , , ,

(Alt Assets) Chilean private equity firm SCL Energia Activa has reportedly raised one third of its second energy fund. Americas Energy Fund II has secured commitments of US$100m towards its US$300m target. Read more at Alt Assets