Rakuten Backs Spanish And Latin American Taxi App Cabify

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(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

99Taxis Receives New Investment (em português)

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(Startupi) 99 Táxis receives a new round of investments led by investment firm Tiger Global Management. Also participating in the round is Qualcomm Ventures and Monashees Capital, who already invested in the company previously. The objective of the investment is to seek national leadership, expand the team of developers to make application enhancements for individuals and companies, and launch marketing activities. Read more

Southern Cross Group to Acquire SIPSA Interest in Ultrapetrol

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(Press Release) The major shareholders of Ultrapetrol (Bahamas) Limited (Nasdaq:ULTR) , an industrial transportation company serving marine transportation needs in three markets (River Business, Offshore Supply Business and Ocean Business), entered into a share purchase agreement with respect to the sale of shares of Ultrapetrol and of certain affiliates of the major shareholders between such shareholders. Read more

Carrot Receives US$2m Investment from Venture Partners Mexico

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(Press Release) Venture Partners Mexico led successfully the Series B capital round in Carrot of MXN$26m (US$2m). Along with Venture Partners Mexico, Auria Capital and its founders, Mexico Ventures, a government-backed fund, made its first investment in the car-sharing company recognizing the opportunity it presents within the Mexican market. Read more

EasyTaxi Receives Contribution of R$30 million (em português)

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(Fusões & Aquisições) Easy Taxi, the phone app used to hail taxi cabs, announces a new round of investments totaling R$30 million from Latin America Internet Holding, the Berlin-based incubator partially owned by Milicomda and Rocket Internet’s holding company. Read more

ASUR and Advent delivered bid to Brazilian Agencia Nacional de Aviacao Civil

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(PeHub) February 7, 2012 – Grupo Aeroportuario del Sureste and backer Advent International have not been awarded permission to maintain, operate and expand any of the three Brazilian airports auctioned in a live public bidding held in Sao Paulo. Read more

Stratus invests US$32M in Brazilian company Maestro

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(Stratus Group) November 8, 2011 – Stratus Group, the leading Brazilian private equity firm focused on mid-market investments, announced that it has made a US$32 million investment to take a majority stake in Brazilian corporate fleet management company, Maestro. Read more

Linzor Capital Partners Announces the Acquisition of TIP de Mexico

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(Linzor Capital) October 31, 2011 –  Linzor Capital Partners, a regional Latin American private equity firm focused on the middle market, announced that it has acquired 100% of TIP de Mexico, S. de R.L. de C.V. (“TIP”), Read more

CRP Invests in Brazil-based Librelato (em português)

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(Valor Economico) August 23, 2011Brazilian fund manager CRP Companhia de Participações has purchased a 16.67 percent share of Librelato, a family-owned Brazilian manufacturer of transport trailers.  The capital will be used to execute investments of approximately US$60M between 2012 and 2014. Read more

WAMEX Announces Partial Exit of fund MIF I from WTC Confianza

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(WAMEX Private Equity) July 26, 2011 – WAMEX Private Equity, a Mexican PE manager, announced a partial exit for MIF I from a minority investment in logistics company WTC Confianza based in Guadalajara, México. Read more