Ecus Private Equity Sells Chilean Laundry Business to Elis

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(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

ABVCAP Sees Tough Year Ahead for Brazil Buyout Exits

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(Reuters) Private-equity funds will have a hard time divesting some of their Brazil investments through initial public offerings next year, an industry leader said Friday, in a sign that investors remain wary of the country’s flagging economy and capital markets. Read more

Promotora Venture Capital Exits Easy Solutions

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(PRWeb) Medellín, Colombia-Promotora’s Venture Capital Fund makes its second exit as Medina Capital Partners buys stake in Easy Solutions. Read more

Mexican Hotel Readies IPO

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(Latin Finance) Hoteles City is preparing to become the latest PE-backed Mexican company to IPO. The operator of hotel chains including City Suites and City Express is planning a sale of primary and secondary shares in the US and international markets, according to a prospectus. Read more

Carlyle Reduces Stake in Brazil’s Qualicorp

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(Dow Jones) November 30, 2012 – Carlyle Group sold a portion of its shares in Brazilian healthcare company Grupo Qualicorp SA , reducing its stake to 5.93% from 17.47% in an operation that could amount to 919.5 million Brazilian reais ($437 million). Read more

Repsol sells non-strategic assets in Chile for $540M

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(Repsol) July 19, 2012 – Repsol has reached an agreement with a consortium of Chilean investors, led by LarrainVial, for the sale of 100% of its subsidiary Repsol Butano Chile for approximately $540M. Read more

SEAF Funds Complete Exit from Peruvian Hydroelectric Power Plant Investments

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(SEAF) June 13, 2012 – Small Enterprise Assistance Funds (SEAF) announced that three SEAF-managed Latin American funds exited their investment in Hidroelectrica Santa Cruz S.A.C (HSC), a hydroelectric power plant operator in Peru, in February. Read more

Brazil Potash Corp Completes US$58M Capital Raising

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(Brazil Potash) May 31, 2012 – Brazil Potash Corp. (“BPC” or the “Company”) is pleased to announce the successful completion of a US$58.66 million capital raising to further the exploration for potash at the Company’s Amazon Basin project, Brazil. The Project is located in Amazonas State, Brazil, adjacent to Petrobras’ Fazendinha and Arari Potash deposits.

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Ideiasnet sells a stake in Spring Wireless

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(Ideiasnet) May 4, 2012 – Ideiasnet announces the sale of its 4.1% stake in Spring Wireless, a Brazilian enterprise with company value of R$ 329 million, that offers end-to-end solutions in mobile technology platforms, to Industry Ventures Fund. Read more

Conduit Capital Partners Agrees to Sell Remaining Interest in Peruvian Pipeline

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(Conduit Capital) April 2, 2012 – Conduit Capital Partners LLC, a private equity investment firm focused on energy infrastructure investment in Latin America and the Caribbean, today announced that it has agreed to sell its remaining interest in the Peruvian pipeline project Gasoducto Andina del Sur (“Kuntur”) to Odebrecht, the Brazilian construction conglomerate. Terms were not disclosed. Read more