Alothon Group Confirms Investment in Brazil’s Grupo MPR

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(Business Wire) Alothon Group LLC, a leading middle market private equity firm dedicated to Brazilian investments, confirmed today that its Alothon Fund III has completed the acquisition of a controlling interest in Grupo MPR. The main commercial activities of Grupo MPR are through its ownership of CNA, the leading Brazilian producer of alcohol-based cleaning products and related consumer goods, and of Alcohol Ferreira, a significant provider of industrial alcohol in the country. Terms of the transaction were not disclosed. Read more

Nexxus Capital acquires IRCC from International Meal Company Alimentação, S.A.

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(Press Release) The transaction includes La Mansión, Gino’s, Casa Ávila, Bistrot Mosaico and Champs Elysees. Read more

Brazil’s Start-Ups Attracting Investments from U.S. Investors; Apex-Brasil Announces Second International Demo Day in San Francisco

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(Business Wire) The Brazilian Trade and Investment Promotion Agency (Apex-Brasil) today announced nine start-up finalists that will present at its second annual International Demo Day in San Francisco. International Demo Day is a program from Start-Up Brasil, an initiative from the Ministry of Science, Technology and Innovation (MCTI), managed by the Brazilian Association for the Promotion of Brazilian Software Excellence (Softex). Two startups from InovAtiva, a program from the Ministry of Development, Industry and Foreign Trade were also invited to present. Read more

Warburg Pincus Completes Fundraising for US$12b Global Private Equity Fund

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(Press Release) Warburg Pincus, a leading global private equity firm focused on growth investing, today announced it has successfully raised its latest global fund, Warburg Pincus Private Equity XII, L.P. (“Warburg Pincus XII”). Launched in May 2015, Warburg Pincus XII has received third party commitments significantly in excess of its $12 billion hard cap. Read more

Omnicom to Buy Brazil Advertising Group ABC

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(Reuters) Omnicom Group Inc, the world’s second largest advertising company, has agreed to pay R$1 billion reais ($270 million) for Brazil’s Grupo ABC, growing Omnicom’s publicity, branding services and content in Latin America’s largest economy, a source with direct knowledge of the transaction said on Friday. Read more

Lemann in Negotiates Million Dollar Investment in Movile

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(Exame) Brazilian mobile content business, Movile, is in negotiations with Innova fund, founded by Jorge Paulo Lemann, and Naspers for a US$100m investment. Read more

American Fund Negotiates Participation in Pague Menos (em português)

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(Exame) General Atlantic is in negotiations to buy a minority stake in pharmacy network, Pague Menos. With 800 stores and R4.4b turnover, Pague Menos should be valued at R$3.5b. Read more

South Ventures Completes New Investment in Brazilian Business (en español)

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(South Ventures) South Ventures’ SV Global Fund III makes third investment in Brazilian online fashion brand and technology company, Amaro. Read more

Totvs: Capital for Startups (em português)

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(Baguete) The Totvs Ventures, a fund of Totvs, invested in undisclosed amount in Brazil’s Startup accelerator investment fund, (FINEP). Read more

George Soros Puts Money on Latin America Hotels

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(WSJ) Billionaire George Soros’s investment firm has agreed to spend up to $300 million on an Argentine hotel company’s Latin America expansion, a vote of confidence in a region that has been suffering slow economic growth and waning investor interest. Read more