Atlas Discovery Looks to Issue New CKD (en español)

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(El Eleconimista) Private equity firm Atlas Discover Mexico plans to issue a new CKD with the Mexico Stock Exchange for MEX$50m to invest in the education, health transportation, logistics, consumer and manufacturing sectors. Read more

Tarpon Buys 36% Stake in Somos Educação (em português)

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(Arena do Pavini) Tarpon private equity, through its fund THunnus Participações, bought a 36% stake in Somos Educação for R$563m. Read more

Capital Group Sells Stake in Grupo Ibmec Educacional

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(Estadão E&N) Marking the largest acquisition in the country, DeVry has purchased Brazil’s Grupo Ibmec Educacional for R$699m from Capital Group International. Read more

Kaszek Backed Open English Acquires Brazil’s Next University

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(Businesswire) Open English, the leading online English-language learning school in the Americas, announced today the acquisition of Next University. With this acquisition, Open English increases its portfolio of online educational products beyond English. Next University’s digital technology certificates in high-demand areas such as Web Development, Android Apps Development, and Software Development in JavaScript represent a dynamic line-up of products Open English can now offer its current and prospective students. Similar to Open English, Next University offers its students a high quality and convenient educational experience that is only possible through an online platform. Read more

Copacabana House Ventures Makes First Investment in Education Tech Company Tyngu

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(Press Release) Copacabana House Ventures, a Brazilian-based VC firm, has made its first investment in education tech company Tyngu. Read more

Elevar Equity Fund III Raises US$74m

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(PEHub) Elevar Equity said Wednesday that its third venture capital fund closed at US$74 million. Elevar Equity III L. P. will focus on commercial investments in early stage companies providing financial services, education, housing and healthcare to low-income communities primarily in India and Latin America. Investors of Fund III include the Rockefeller Brothers Fund, Oblate International Pastoral Investment Trust, JPMorgan Chase & Co., Omidyar Network, Prudential Financial Inc., the Rockefeller Foundation, Blue Haven Initiative, Treehouse Investments as well as family offices, private foundations and a university endowment. Read more

Península Participações Seeks to Increase Participation in Companies (em português)

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(Exame) Abiolio Diniz’s private equity firm, Península Participações, aims to increase its miniority participation in companies operating in education, consumer, retail and quality of life business sectors. The average size of each investment will be between R$50m and R$10m in each business. Read more

Victoria Capital & IFC’s Ideal Inveset Cashes in on Brazilian Students’ Loans

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(Financial Times) A deep recession might not be the most advantageous economic backdrop for a company offering student loans. But for Ideal Invest, a Brazilian student loans company that claims to be the biggest in the country’s private sector, the doldrums afflicting Latin America’s largest economy have been a boon. Read more

Kroton Sells Uniasselvi to Carlyle & Vinci for R$1.1b (em português)

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(Economia – Estadão) The Carlyle Group and Vinci Partners have reportedly bought remote education company Uniasselvi from Kroton for R$1.1bn. Read more

Village Capital Launches Education Fund in Colombia (en español)

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(Pulso Social) The accelerator and investment fund global Village Capital made its debut in the Colombian market for the first time with the launch of its education initiative program in Latin America: Education Forum. At the forum, Village Capital education fund issued prizes to education startups and investment firm Gray Matter Capital invested in Lorapp. Read more