Gávea Invests R$ 1,500 in Vehicle Rental Company, Unidas (em português)

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(Exame) São Paulo – Two years ago private equity funds Gávea , Kinea and Vinci bought 47% stake in vehicle rental company Unidas for R$300 million. The funds now have a controlling stake in the company with an investment equal to R$1,500 Read more

Gávea Investimentos closed new investment round in Colombo (em português)

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(Valor Econômico) Gávea Investimentos, private equity fund manager founded by former Central Bank President Arminio Fraga, has closed a new investment round in Camisaria Colombo, the largest retailer of menswear in Brazil. Gávea also converted into shares its initial investment,  made in 2011 in the form of debentures, and became a partner in the company.  Terms of the deal were not disclosed, but the estimate is that the contributions adds up to at least R$ 150 million. Read more

Minimalist design and maximum quality: Basico receives investment to create clothes (em português)

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(Startupi) The entrepreneur Alexandre Veiga, known as Bio Veiga, announced today that he raised a round of investment for his new fashion company, Basico. The investment comes from Initial Capital and Guilherme Soarez, former senior executive at C&A in Brazil, investing together a total of BR$ 1million. Read more

3i buys Brazil eyewear group Óticas Carol

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(Financial Times3i Group has made its second investment in Brazil, acquiring Óticas Carol, the country’s second-largest eyewear retail chain by sales.

The R$108m (£36.7m) deal is part of an expansion by the UK-based private equity group in Latin America’s largest economy that stands in contrast to its restructuring efforts in its traditional markets. Read more

Member Profile: An Interview with Fernando Borges, The Carlyle Group

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Member Profile: An Interview with Fernando Borges, The Carlyle Group

LAVCA spoke with Fernando Borges, Managing Director at The Carlyle Group, about his firm’s focus on Brazilian consumer sector growth and Carlyle’s successful partnership with Banco do Brasil. Read more

BTG Pactual buys minority stake in Brazil’s Leader

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(Reuters) May 29, 2012 – The private-equity unit of Brazilian investment banking powerhouse BTG Pactual agreed on Tuesday to buy a minority stake in local apparel retailer Leader Participações, the latest in a series of buyouts in a consumer sector boosted by a thriving middle class. Read more

The Carlyle Group acquires 85% of Ri Happy, Brazil’s largest toy retailer

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(Carlyle) March 2, 2012 – Global alternative asset manager The Carlyle Group today announced it has acquired an 85% ownership stake in Ri Happy, Brazil’s largest retail toy chain with 114 stores in 18 Brazilian states and around 2,300 employees. Terms of the transaction were not disclosed. Read more

Atomico Makes First Brazilian Investments

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(peHUB) February 29, 2012 – Atomico, the international venture capital firm founded by Niklas Zennström, also known as a co-founder Skype, today announced its first two investments in Brazil, following recent investments in other Latin American countries. Read more

Vinci Buys 40% Stake in Brazil-based Le Biscuit (em português)

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(Valor Econômico) February 10, 2012 – Asset management company Vinci Partners, has agreed to acquire 40% of Le Biscuit, a retailer of school supplies, home furnishings, toys and home utilities, based in Salvador, Bahia. Read more

Redpoint and Accel Back Brazil’s Online Subscription E-Commerce Site Shoes4You

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(TechCrunch) September 7, 2011 – Shoes4you, a company that sells shoes through a monthly subscription model, has received a round of Series A financing, led by Redpoint Ventures and with Accel Partners, Flybridge Capital Partners, Romero Rodrigues (CEO and co-founder of BuscaPé), IG Expansion, and Fabrice Grinda (CEO and founder of OLX) participating. Read more