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

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

Trocafone Receives R$12m Investment to Expand to Argentina (em português)

(E-Commerce) Trocafone, a Brazilian e-commerce startup, received a R$12m investment round from Wayra, 500 Startups, Lumia Capital Ventures and Quasar. Read more Receives US$30m Injection of Capital

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(TechCrunch) Avenida is set on cementing its leadership position Argentina’s e-commerce market after a US$30m Series C led by Naspers with participation from Tiger Global (both firms are returning investors). Read more