Vinci Partners, Kinea & Gavea to Exit Brazil’s Unidas (em português)

29 December 2017

Vinci Partners, Kinea and Gavea are set to fully exit Brazilian car rental company Unidas since Locamerica signed an agreement to merge with the company in a transaction valued at R$988.5b.

(Valor Econômico) A Companhia de Locação das Américas (Locamerica) fechou um acordo com os acionistas da Unidas para fundir as duas companhias, em uma operação avaliada em R$ 988,5 milhões. A Locamerica vai passar de quarta colocada para a segunda maior locadora de veículos do país, atrás apenas da Localiza e à frente da Movida. E sua intenção é fazer novas aquisições.

Read more at Valor Econômico.

0
Facebook Twitter Google +

Tech Growth Membership

The 2023 LAVCA Startup Founders Survey is made possible thanks to the support of LAVCA’s Tech Growth Membership, a group of leading tech companies and investors advancing the tech ecosystem in Latin America including AWS, Mercado Libre, Microsoft, Qualcomm Ventures, SVB, Riverwood Capital, Google and Movile.

VC Partner Events

    Tweets

    Submit VC News

    Have private equity or venture capital related news that you would like to share? Submit your press releases and news to [email protected].

    VC Industry News