China’s State Power Investment Corp., through its Hong Kong-based unit China Power International Holding Limited, has acquired Mexico-based renewable energy company Zuma Energía from Actis for an undisclosed amount. (Bloomberg…

Confrapar and Crescera Investimentos exited Vindi, a Brazilian billing automation platform, through a R$180m sale to Locaweb, a Brazilian web services hosting platform. Vindi raised R$20m from Confrapar in 2019…

Brazil-based logistics company Hidrovias do Brasil has raised R$3.4b in its IPO, facilitating an exit for shareholders including Pátria Investimentos, BNDES, Temasek, and AIMCo. (Yahoo Finance) Shareholders of Brazilian logistics…

DOMO Invest exited Brazilian edtech Agenda Edu, an app that connects students’ parents to their children’s school day, via a sale to Eleva Educação for an undisclosed amount. (Brazil Journal)…

I Squared Capital has exited Orazul Energy Perú, owner of companies Etenorte and Eteselva, which operate six transmission lines in Peru, via a US$158.5m sale to ISA Group. (Press Release)…

Brookfield Asset Management received an additional US$32.3m for the sale of shares of electricity distribution company Empresa de Energía de Boyacá (EBSA) to Canada’s Northland Power.  In 2019, Northland acquired…

Mountain Nazca exited Kavak, a Mexican marketplace for used cars, through a secondary sale to SoftBank and General Atlantic. KaszeK Ventures invested previously. (Press Release) Mountain Nazca se convierte en…

Patria-backed real estate company Alphaville Urbanismo filed for an IPO. The details of the transaction are undisclosed. (Reuters) Brazilian real estate company Alphaville Urbanismo SA filed for an initial public…

Teravoz, a Brazilian VoIP services provider to small businesses and call centers, was acquired by Twilio, providing an exit to investors Canary and Wayra Brasil. Teravoz reports a 30x return…

Credicorp acquired Banco Compartir, a Colombian microfinance institution, providing an exit to Accion.  (Press Release) Global nonprofit Accion announced today its successful exit from Banco Compartir (“Bancompartir”), one of Colombia’s…

Grupo Pegasus investment vehicle Colvalor, exits controlling stake in Parque Alegra, a shopping mall in Barranquilla, to Parque Arauco. The total investment will be ~US$34m. (Press Release) Parque Arauco closed…

ALLVP exited WeexMobile, a Mexican MVNO targeting millennials, through a sale to Yonder Media Mobile. (Press Release) Yonder Media Mobile has announced the acquisition of Weex Mobile, the leading millennial…

Alacrity Mexico, in partnership with Wesley Clover, a Canadian investment management firm with global operations, closed its first seed fund, Canada Fund I. (Press Release) Alacrity Mexico anuncia que el…

Brazilian fintech Creditas acquired Creditoo, a credit consignment platform for private sector employees. This transaction represents a full exit for Canary and  Global Founders Capital from Creditoo. (InfoMoney) A finteh brasileira Creditas dá…

DILA Capital and Mountain Nazca Mexico exited Creze, a Mexican financial services startup for small businesses, through a sale to Polygon Fintech, a financial group targeting unbanked consumers. This transaction…

Magazine Luiza acquired Brazilian ecommerce brand Netshoes for US$62m. As of June 14th, Valor Econômico has reported Magazine Luiza acquired Brazilian ecommerce brand Netshoes for US$115m. More information here. (Brazil…

Patria Investimentos partially exited nursing care conglomerate Brazil Senior Living through the sale of a 20% stake to French nursing care corporation Orpea. The agreement included provisions allowing Orpea to…

Linx will acquire Hiper for a reported R$50m, providing an exit for Cventures, CRP, M3 Investimentos and ACE. (Baguete) A Linx pode pagar até R$ 50 milhões pela Hiper, uma…

Chilean VC Alaya Capital exited TranslationBackOffice through an undisclosed sale. (Press Release) La firma de Venture Capital, fundada en Córdoba, Argentina, cuyo primer Fondo invirtió en 7 compañías, confirmó su…

Uruguayan retail group TaTa acquired daily deals site woOw for a reported US$18m, providing an exit for Uruguayan angel fund Tokai Ventures. Tokai Ventures first invested in woOw in 2010 (seed)…

Brazilian private equity firm Hemisfério Sul Investimentos (HSI) sold a 50% stake in GoodStorage, a Brazilian self-storage company, to US asset manager M3 Capital Partners. Rappi, Loggi and B2W are…

Brazilian retailer Mundo Verde acquired 100% of Natue, an ecommerce platform for natural products in Brazil, providing an exit to majority stakeholder Project A Ventures.

ALLVP exited delivery startup Cornershop through a US$225m sale to Walmart. 

Spanish digital bank WiZink acquired Aplazame, a Spanish lending platform for e-commerce merchants, for an undisclosed, all-cash amount, providing a full exit for ALLVP.

Invermaster Ventures completed an Initial Public Offering of Costa Rican high-tech medical device and aesthetics company Establishment Labs Holdings.

ALLVP and Mountain Nazca exited Petsy, a petcare ecommerce platform, through a merger with Mexican pet retailer Maskota.

Bozano Investimentos’ Criatec 2 exits Porto Alegre-based Digital Commerce Group (DCG) with sale to Linx for R$67m. This is Criatec 2’s first divestment. (E-Commerce News) O Fundo Criatec 2 anuncia…

OLX, a global classifieds marketplace backed by Naspers, and Properati, a real-estate marketplace with operations across Latin America, will merge its operations in Argentina and 13 other countries in the region. Properati will continue to operate independently in Brazil, Chile and Mexico. Previous venture capital investors in Properati include NXTP Labs and NEVEQ.

Vox Capital sold 30% of its stake in TEM, a Brazilian healthtech company offering a pre-paid card for health services in São Paulo, providing a partial exit for the firm at a 26% IRR. Vox invested R$3m in TEM in 2015.

IGNIA has sold its participation in Mexican sustainable tuna producer Grupo Procesa to the Central American Mezzanine Infrastructure Fund II LP (CAMIF II), an infrastructure fund managed by LAP Latin American Partners.