Advent International Considers Bidding for Brazilian Cargo Company Sepetiba Tecon (em português)

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(Exame) Advent International, the Boston based private equity firm that launched a US$2.1b Latin American fund this past year, is considering making a bid for Brazilian cargo and container services firm Sepetiba Tecon, a unit of Cia. Siderúrgica Nacional SA. Read more Receives Series A of US$1.6m from CVentures Primus

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(Press Release) Subscription based services have been growing globally over the last years, ranging from traditional movies and music. The model is spreading across new segments, including beer and wine, shaving blades and dog food., a Sao Paulo, Brazil, based start up is opening a new segment providing laundry services, where customers can subscribe to one of the plans, based on their monthly demand. Twice a week the company will pick up and deliver at your door, while customers can check online the status of each piece of clothing. Read more

Abraaj Raises MXN$4,100m (~US$242m) for Mexico-focused CKD (en español)

(El Economista) Abraaj has raised MXN4,100m (approximately $241m) for a new Mexico-focused CKD vehicle. Read more

As Brazilian Economy Descends Into Crisis, Tech Is Growing Double Digits

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(TechCrunch) Despite a miserable macro-economic mix of circumstances, including the worst recession in almost 100 years, the biggest corruption scandal Brazil has ever seen, and calls for President Dilma Rousseff’s impeachment, Brazil’s tech industry is thriving. Read more

Credit Suisse Launches CKD (en español)

(El Economista) Banco Credit Suisse México, the Mexican subsidiary of Credit Suisse Group, has raised MXN12,750m (approximately $751m) for a new debt-focused CKD vehicle. Read more

Private Equity Firm Advent Looks for more Brazil Education Deals

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(Reuters) Private equity firm Advent will continue working on the consolidation of Brazil’s education industry, a senior executive said on Thursday, adding that there are enough quality assets available to drive deals despite the economic cycle. Read more

Linzor Capital Partners Acquires Onest Colombia

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(Press Release) Linzor Capital Partners ( has bought a majority stake in Onest Colombia, partnering with the Company’s management team. Onest Colombia is a leading specialty credit company focused on payroll loans to public sector employees and financing of public vehicles. Linzor’s resources were used to buy a secondary stake in the business and strengthen the capital base of the Company with an equity contribution of approximately US$40 million. Read more

SP Ventures Invests in Brazil’s NEXXTO (em português)

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(Press Release) Brazil-based Nexxto, a provider of corporate solutions for Internet of Things (IoT), has received an investment from SP Ventures. Read more

Brookfield Lands US$100m from Oregon for New Brazil Agri Fund

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(PEI Alternative Insight) The US$70b Oregon Public Employees Retirement Fund has invested US$100m in Brookfield Brazil Agriculture Fund II, a US$700m vehicle being raised by Canada’s largest asset manager. Read more at PEI

Oktoplus Receives Investment from Cventures (em português)

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(Baguete) Oktoplus, a customer loyalty program platform, received an investment from Cventure Primus, a venture capital fund that invests in innovative enterprises. Read more