Advent’s Grupo Biotoscana Acquires Laboratorio LKM

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

(Press Release) Pharmaceutical company, Grupo Biotoscana SL in Latin America controlled by Advent International, announced it has completed the acquisition of Laboratorio LKM, a specialty pharmaceutical manufacturer based in Argentina. Read more

Sigma SAFI’s Chilena Colbún Acquires Peru’s Fenix Power

Tags: , , , , , ,

(Gestión) An investor consortium composed of Chilean utility company Colbún, the Abu Dhabi Investment Authority (ADIA) and Sigma SAFI’s Infrastructure Fund has acquired thermoelectric power generation company Fenix Power Perú. Read more

George Soros Puts Money on Latin America Hotels

Tags: , , , , , , ,

(WSJ) Billionaire George Soros’s investment firm has agreed to spend up to $300 million on an Argentine hotel company’s Latin America expansion, a vote of confidence in a region that has been suffering slow economic growth and waning investor interest. Read more

Mountain Partners Looks to Create 20 Businesses a Year in LatAm (en español)

Tags: , , , , , , ,

(Diario Financiero) Swiss Corporation Mountain Partners and co-investors in Europe, North America and Asia, acquired 51% the administration of Nazca Ventures, led by Alan Farcas and Santiago Caniggia, as well as 100% of Nazca’s funds which consist of investments in 23 business in Colombia, Mexico and Chile. Read more

Chilean Fund Raising US$50m for Permanent Crops in Colombia

Tags: , , , ,

(Agri Investor) A Chilean agri­focused private equity firm, Sembrador, plans to raise US$20m to US$50m for permanent crop farms in rural Colombia. The group is courting the Colombian government, the Inter­American Development Bank and family offices for commitments for the fund, which is expected to close by year­ end 2016, according to a Sembrador executive. Read more

Rakuten Backs Spanish And Latin American Taxi App Cabify

Tags: , , , , , , ,

(TechCrunch) Cabify, a taxi app which operates in Latin America and Spain, has raised US$12m from Rakuten FinTech Fund, Seaya Ventures and others. Read more

Ecus Private Equity Sells Chilean Laundry Business to Elis

Tags: , , , , , ,

(Press Release) Ecus Private Equity, an independent private equity funds manager focused on Chile’s small and middle market, sold its stake in Albia to Elis for US$14m, realizing a total MOI of 5.0x and an IRR of 24.3% over the 8-year holding period. Read more

NXTP Labs Selects 12 Startups for Fintech Accelerator Program (en español)

Tags: , , , , , ,

(Pulso Social) NXTP Labs, early stage Latin American fund, launched its first Fintech accelerator program, with 12 startups selected from Argentina, Chile, Ecuador and Uruguay. Read more

SunEdison Won’t Complete US$700m Buyout of Latin America Power

Tags: , , , ,

(WSJ) SundEdison won’t complete its acquisition of Chile-based renewables firm Latin America Power, which is owned by BTG Pactual and Pátria Investimentos’ P2Brasil. Read more

Sky Solar & Hudson Clean Energy Partners Announce Strategic Partnership to Fund Up To US$100 Million Into Solar Projects

Tags: , , , , , , ,

(Press Release) Sky Solar Holdings, Ltd., a global developer, owner and operator of solar parks, and Hudson Clean Energy Partners, a leading private equity firm specializing in renewable energy, announced a new strategic partnership to fund solar projects in Latin America and Japan with a total capital commitment from Hudson of up to US$100 million. The two parties have also agreed to collaborate on an expansion into the U.S. solar market. Read more