(Startupi) After some years customizing software for schools, WPensar has developed an online self-service product. In November the company received help from the Rio de Janeiro accelerator Pipa (part of Start-Up Brazil and campaigning to attract foreign entrepreneurs). Recently, the company attracted another partner: impact investment firm Vox Capital. Read more
(Exame) Cruzeiro do Sul Educacional, an education company with units in São Paulo and Brasilia, confirmed on Thursday, May 9, the acquisition of educational institutions Universidade de Franca (Unifran) and of Colégio Alto Padrão. Early in 2012 private equity fund Actis invested R$180 million into the company. Read more
(Deal Pipeline) Advent International Corp.-backed Brazilian private education company Kroton Educacional SA is taking over peer Anhanguera Educacional Participações SA, which is backed by Pátria Investimentos Ltda., in a deal valued at about 5 billion reais ($2.5 billion), the companies announced Monday. Read more
(AMEXCAP) Mexican-based Newgrowth Fund makes an investment in Grupo Educativo Cead, an adult learning platform that aims to support intermediate-level professional development education.
Mountain do Brasil, Macmillan Digital Education and 500 Startups invest in Brazilian EdTech startup Veduca
(Press Release) Veduca (Veduca.com.br), a Brazilian based online video platform that aggregates and curates publicly available educational content from the world’s top universities and annotates this content with meta tags and Portuguese subtitles to make it searchable based on key words; thus making it easily accessible to the Brazilian population, raises capital from Mountain do Brasil, Macmillan Digital Education and 500 Startups. Read more
(H.I.G. Capital) September 14, 2012 – H.I.G. Capital, LLC, a leading global private investment firm, announced today that its Brazilian affiliate has completed the acquisition of Cel Lep Idiomas (Cel Lep or the “Company”), a leading premium English Language Teaching (ELT) network in Brazil. Read more