LAVCA distributes the latest PE/VC activity in Latin America via its proprietary publications, the LAVCA Private Capital Update and the LatAm Venture Bulletin.
-
Monsanto Growth Ventures made its inaugural Brazil investment in Grão Direto, a grain marketplace that primarily transacts via mobile and WhatsApp. Monsanto contributed about half of the R$2.3m investment, with participation from Canary and OpenVC.
-
responsAbility Investments, a leading investor in the field of development investments, has fully exited from its indirect equity investment in MiBanco, Latin America’s largest microfinance bank by asset size, through a divestiture to majority shareholder Credicorp Ltd.
-
Puerto Rico’s Science, Technology and Research Trust (PRSTRT) will invest US$225k through Puerto Rican accelerator Parallel18’s follow on fund in Abartys Health, a Puerto Rican insurance startup, and Quiena, an Argentine fintech startup.
-
IGNIA made an undisclosed investment in Virket, a Mexican provider of performance management solutions for small businesses.
-
U.S. private investment firm Cerberus Capital Management is seeking to enter the Brazilian real estate market by acquiring distressed real estate backed loans, foreclosed properties, and excess inventory built by local developers.
-
The National Development Bank (FDN) of Colombia closed US$197m in financing for the 4G Transversal del Sisga road project, which runs across the Casanare, Boyacá, and Cundinamarca states. The financing…
-
Cedro Capital made a US$2.5m investment in iMedicina, a Brazilian healthtech client management platform.
-
Aurus led a US$1.4m investment in Chilean Startup Capitalizarme, an online platform that helps users identify investment opportunities in real estate.
-
Unilever Brazil has launched Lever UP, the company’s first worldwide startup acceleration program. Lever UP will be led by corporate accelerator Liga Ventures, targeting startups in the IT, supply chain, e-commerce, home care, and food sectors.
-
Nexxus announces the divestment from the portfolio company Maak Arca Holding, S.A.P.I. de C.V., derived from a spin-off and sale of the natural stone and wood division.
-
Venture Capital Cventures Primus made an undisclosed Series A investment in Brazil’s Wevo, a provider of a cloud platform integration for e-commerce.
-
Spanish bank Banco Sabadell has made its debut early stage investment in Mexico by contributing US$100K to the US$1.5m round recently raised by Trendier, a mobile marketplace to buy and sell used fashion in Mexico and Colombia. This is Trendier’s second funding round in the startup’s history.
-
BID Invest made an initial investment of US$3m in Argentinean fintech startup MONI Online, and it has the option to invest an additional US$2m in the startup’s next investment round. This is BID Invest’s first fintech investment.
-
Chile’s Cerro Dominador, a portfolio company of EIG Global Energy Partners, announced the signing of the financing for its Concentrated Solar Power plant located in the Atacama desert, in Chile. The US$758m financing was subscribed by various lenders including Natixis, Deutsche Bank, Société Générale, ABN AMRO, Santander, Commerzbank and BTG Pactual as well as other institutional investors in a tranche parallel to the bank financing. Additional investors are expected to join the banking group in the coming weeks.
-
SP Ventures is preparing to launch its second venture capital fund, which will exclusively focus on agtech opportunities. The firm is also expanding its geographic focus outside Brazil, and it is planning to invest in up to 20 startups across Latin America.
-
Angel Ventures seeks to raise MXN$1bn from Mexican Afores for its debut CKD vehicle, which will be listed on Mexico’s stock exchange (BMV).
-
Cemex Ventures set to invest for the fourth time in Mexican startup PRYSMEX, an app that helps prevent workplace accidents through IoT and collection of data in real time.
-
BTG Pactual launched BoostLab, an accelerator to scale up Brazilian startups with existing revenue and clients. The first cohort includes fintechs Liber Capital and F(x) (both backed by e.bricks Ventures), and Neurotech; as well as Clicksign, Zigpay and agtech startup Agronow (backed by SP Ventures).
-
On May 9, 2018, the Argentine Congress passed the Productive Financing Law. This law introduces significant reforms to Capital Markets Law No. 26,831 (“CML”) with the objective of achieving a modern financial regulatory framework that contributes to the development of the country’s economy.
-
Trebol Capital led a MXN$3.2m investment in Piktia, a Mexican photo-printing service, which included a MXN$500k investment by angel network Ark Fund. Piktia raised an additional MXN$250k via Crowdfunder.
-
KKR is preparing to list its first CERPI (Certificado de Proyectos de Inversión) on the Mexican Stock Exchange (BMV). The CERPI will make private equity and private credit investments, and…
-
Global private equity firm H.I.G Capital has announced the acquisition of AAA office building Parque Ana Costa with 17,997 square meters of space, located in Santos, São Paulo, Brazil. (BUSINESS…
-
InfraRed Infrastructure Fund V has acquired a 35.5% equity interest from Macquarie Capital in the Norte III project, a 907MW combined-cycle gas turbine project, currently under construction near Ciudad Juárez, Mexico.…
-
Florida-based private equity firm US Capital Management plans to invest up to R$8m to become a partner in 34 Brazilian small and medium-sized enterprises by the end of 2019.
-
U.S. private equity firm Pegasus Capital Advisors has sold its stake in Pure Biofuels Del Peru, the third largest fuels importer in Peru, to a subsidiary of Valero Energy Corporation.…
-
responsAbility Investments, a leading investor in the field of development investments, has fully exited from its indirect equity investment in MiBanco, Latin America’s largest microfinance bank by asset size, through a divestiture to majority shareholder Credicorp Ltd.
-
The National Development Bank (FDN) of Colombia closed US$197m in financing for the 4G Transversal del Sisga road project, which runs across the Casanare, Boyacá, and Cundinamarca states. The financing…
-
Chile’s Cerro Dominador, a portfolio company of EIG Global Energy Partners, announced the signing of the financing for its Concentrated Solar Power plant located in the Atacama desert, in Chile. The US$758m financing was subscribed by various lenders including Natixis, Deutsche Bank, Société Générale, ABN AMRO, Santander, Commerzbank and BTG Pactual as well as other institutional investors in a tranche parallel to the bank financing. Additional investors are expected to join the banking group in the coming weeks.
-
KKR is preparing to list its first CERPI (Certificado de Proyectos de Inversión) on the Mexican Stock Exchange (BMV). The CERPI will make private equity and private credit investments, and…
-
InfraRed Infrastructure Fund V has acquired a 35.5% equity interest from Macquarie Capital in the Norte III project, a 907MW combined-cycle gas turbine project, currently under construction near Ciudad Juárez, Mexico.…
-
Florida-based private equity firm US Capital Management plans to invest up to R$8m to become a partner in 34 Brazilian small and medium-sized enterprises by the end of 2019.
-
U.S. private equity firm Pegasus Capital Advisors has sold its stake in Pure Biofuels Del Peru, the third largest fuels importer in Peru, to a subsidiary of Valero Energy Corporation.…
-
Mexican private equity firm Nexxus Capital held a first close for its Nexxus Mezanine Fund I, a CKD vehicle that is targeting MXN4bn in capital commitments. Nexxus Mezanine Fund I…
-
Brazilian alternative investments firm Vinci Partners is aiming to raise up to US$150m in new fundraising rounds to invest in transmission lines. (Valor Econômico) A Vinci Partners fará novas rodadas…
-
Goldman Sachs Private Capital Investing led a minority investment in Peruvian specialty glass producer American Glass Products (AGP). (Press Release) AGP, a global leader in state-of-the-art specialty glass production, today…
-
The Latin America Group of Graycliff Partners has spun-off to form an independent private investment firm, Bela Vista Investimentos. The firm will be led by Cristiano Boccia and Guilherme Cunha. (Press…
-
Growth markets investor Actis has acquired InterGen’s Mexican portfolio for a consolidated enterprise value of US$1.256 billion. The deal is Actis’ largest acquisition to date. The Mexico-focused platform will be…
-
H.I.G. Capital announced that one of its affiliates has signed a definitive agreement to acquire Brazilian chemicals manufacturer Elekeiroz S.A. from Brazilian conglomerate Itaúsa. (Press Release) RIO DE JANEIRO –…
-
IDB Invest, the private sector institution of the Inter-American Development Bank (IDB), will invest up to MXN$450m (~US$24m) with private equity firm Capital Índigo in a debt vehicle, the Indigo 2PD fund, to provide debt financing to mid-sized Mexican companies across different sectors.
-
Partners Group is expected to list its first CERPI (Certificado de Proyectos de Inversión) on the Mexican Stock Exchange (BMV) by July 2018. Partners Group’s CERPI will seek to raise…
-
Brazilian for-profit education firm Kroton Educacional SA has agreed to purchase a controlling stake in rival Somos Educação SA from Tarpon Investimentos for US$1.34b. (Reuters) Brazil’s largest for-profit education firm,…
-
Brazil-based independent tower company Brazil Tower Company (BTC) had a US$79m first close of a US$104m long-term senior secured debt financing with three international lenders led by Cordiant Capital. BTC…
-
Brazilian healthcare provider Notre Dame Intermédica Participações SA has raised US$790m through an IPO on the São Paulo stock exchange. The transaction allowed U.S. private equity firm Bain Capital, which…
-
Private equity firm Victoria Capital Partners has acquired a controlling stake in Brazilian sports nutrition importer Import Sports for an undisclosed amount. (Valor Econômico) SÃO PAULO – A Victoria Capital…
-
Bamboo Capital Partners has announced its exit from the Peruvian-based microfinance bank Mibanco through a divestiture to Credicorp Ltd. for a total value of PEN$131.1m. (Finextra) Bamboo Capital Partners (“Bamboo”),…
-
Actis’ Atlas Renewable Energy has acquired 100% of the photovoltaic power generation project Vega Solar 6 in the Mexican state of Hidalgo. The original owner and developer was SunPower. (LexLatin)…
-
Mexico Infrastructure Partners (MIP) is expected to list a CERPI (Certificado de Proyectos de Inversión) on the Mexican Stock Exchange (BMV) to invest in energy and infrastructure projects in Mexico,…
-
Alternative asset management firm Amerra Capital has agreed to loan US$30m to the Brazilian agricultural corporation U.S.J. – Açúcar e Álcool S.A. (Grupo USJ) with the intention of financing the exportation…
-
Global institutional funds manager IFM Investors has completed the acquisition of 100% of Spain’s OHL Concesiones for US$2.6b. Through this transaction, IFM Investors will have indirect control of OHL México, and…
-
Mexican independent exploration and production company Citla Energy, which is backed by US-based private equity firm ACON Investments, has won its fourth hydrocarbon exploration and production contract in Mexican shallow…
-
Monsanto Growth Ventures made its inaugural Brazil investment in Grão Direto, a grain marketplace that primarily transacts via mobile and WhatsApp. Monsanto contributed about half of the R$2.3m investment, with participation from Canary and OpenVC.
-
Puerto Rico’s Science, Technology and Research Trust (PRSTRT) will invest US$225k through Puerto Rican accelerator Parallel18’s follow on fund in Abartys Health, a Puerto Rican insurance startup, and Quiena, an Argentine fintech startup.
-
IGNIA made an undisclosed investment in Virket, a Mexican provider of performance management solutions for small businesses.
-
Cedro Capital made a US$2.5m investment in iMedicina, a Brazilian healthtech client management platform.
-
Aurus led a US$1.4m investment in Chilean Startup Capitalizarme, an online platform that helps users identify investment opportunities in real estate.
-
Unilever Brazil has launched Lever UP, the company’s first worldwide startup acceleration program. Lever UP will be led by corporate accelerator Liga Ventures, targeting startups in the IT, supply chain, e-commerce, home care, and food sectors.
-
Venture Capital Cventures Primus made an undisclosed Series A investment in Brazil’s Wevo, a provider of a cloud platform integration for e-commerce.
-
Spanish bank Banco Sabadell has made its debut early stage investment in Mexico by contributing US$100K to the US$1.5m round recently raised by Trendier, a mobile marketplace to buy and sell used fashion in Mexico and Colombia. This is Trendier’s second funding round in the startup’s history.
-
BID Invest made an initial investment of US$3m in Argentinean fintech startup MONI Online, and it has the option to invest an additional US$2m in the startup’s next investment round. This is BID Invest’s first fintech investment.
-
SP Ventures is preparing to launch its second venture capital fund, which will exclusively focus on agtech opportunities. The firm is also expanding its geographic focus outside Brazil, and it is planning to invest in up to 20 startups across Latin America.
-
Angel Ventures seeks to raise MXN$1bn from Mexican Afores for its debut CKD vehicle, which will be listed on Mexico’s stock exchange (BMV).
-
Cemex Ventures set to invest for the fourth time in Mexican startup PRYSMEX, an app that helps prevent workplace accidents through IoT and collection of data in real time.
-
BTG Pactual launched BoostLab, an accelerator to scale up Brazilian startups with existing revenue and clients. The first cohort includes fintechs Liber Capital and F(x) (both backed by e.bricks Ventures), and Neurotech; as well as Clicksign, Zigpay and agtech startup Agronow (backed by SP Ventures).
-
Trebol Capital led a MXN$3.2m investment in Piktia, a Mexican photo-printing service, which included a MXN$500k investment by angel network Ark Fund. Piktia raised an additional MXN$250k via Crowdfunder.
-
Guatemala’s Invariantes closes first fund with US$3.5m in commitments from a mix of high-net worth individuals and family offices in Central America and Mexico. The fund is industry agnostic but focuses on early stage technology startups, specifically in software. Invariantes has already made a number of investments in sectors such as transportation, shipping and logistics, and construction management.
-
Xpand Ventures invested US$200k in Argentinean startup Kilimo, a Big Data startup for crops irrigation management.
-
Ayala Capital Partners made an undisclosed investment in Rocketpin, a Chilean startup that provides point-of-sale auditing software. Rocketpin will use the funds to expand to Argentina.
-
HCS Capital Partners led a US$2m investment in We-Techs, a Chilean IoT monitoring platform for natural gas, water treatment and other industries. We-Techs was accelerated at Wayra Chile.
-
(PE Hub) Redpoint eventures plans to raise a US$130m Brazil-focused venture-capital fund, RPeV 2 according to an SEC filing.
-
HCS Capital Partners completed a US$1m investment Ceptinel LLC, a Chilean fintech startup which specializes in regulatory technology (RegTech). (Business Wire) HCS Capital Partners (“HCS”) a Miami based Private Equity and…
-
Propel Ventures Partners, monashees +, and Quona Capital led a US$22m Series A in fintech startup, Neon, the first fully-digital Brazilian bank. The round is Brazil’s largest Series A funding, and included participation from Omidyar Network, Tera, and Yellow Ventures.
-
IFC led a $US $7.1m Series B investment round in Brazil’s Mandaê, a parcel logistics startup. Other participants include UPS Strategic Enterprise Fund, Mercado Libre Fund, Tekton Ventures, FJ Labs, and existing investors Performa Investimentos, Qualcomm Ventures, Monashees, and Icon Holding Company.
-
FCP Innovación SP, the corporate venture fund of Colombian utility EPM, led a US$2.6m investment in TriCiclos, a Chilean recycling and sustainability B Corp, with participation from FIS_Ameris, Australian fund Small Giants, and William McDonough. MOV Investimentos invested previously.
-
Scale Capital made a US$2m investment in Fracttal, an IoT asset management platform. Fracttal has offices in Chile, Brazil and Colombia with plans to expand to Mexico.
-
Valor Capital raised US$56.8m toward a US$100m second venture capital fund, according to an SEC filing.
-
U.S. private investment firm Cerberus Capital Management is seeking to enter the Brazilian real estate market by acquiring distressed real estate backed loans, foreclosed properties, and excess inventory built by local developers.
-
Global private equity firm H.I.G Capital has announced the acquisition of AAA office building Parque Ana Costa with 17,997 square meters of space, located in Santos, São Paulo, Brazil. (BUSINESS…
-
MREIT, a real estate development fund sponsored by Credit Suisse Mexico has obtained financing from HSBC México for more than US$350m. The funds will be used by Credit Suisse Mexico…
-
Trinity Investments, Walton Street Capital, and Oaktree Capital Management have announced the formation of a joint venture and acquisition of the Hilton Los Cabos Beach & Golf Resort in Mexico.…
-
Mexican real estate developer Amistad Global Development, through its recently listed MXN2.5bn CKD vehicle, will acquire industrial properties in Hidalgo, Jalisco, Apodaca, and Nuevo León. The firm plans to add…
-
Investment and real estate platform MIRA has acquired land for a new mixed-use real estate project in Querétaro, Mexico. The transaction was funded through the Certificado de Proyectos de Inversión…
-
Brazil’s antitrust authority CADE has approved Brookfield’s sale of a majority stake in São-Paulo-based Raposo Shopping to Jorge’s Imóveis e Administração, Grupo Rezek, Eacas Participações, and businessman Michel Michaluá Filho.…
-
Brazilian conglomerate Odebrecht SA has reached a preliminary agreement to sell the construction rights for three towers in São Paulo’s Parque da Cidade to private equity firm Hemisferio Sul Investimentos SA…
-
Integrated multifamily real estate company Greystar has opened a new regional office in Santiago, Chile. The office will be headed by Tom Livelli, Managing Director. (Press Release) Greystar Real Estate Partners,…
-
Undisclosed angels made an undisclosed investment in Benvenuto, a Brazilian residential real estate platform.
-
Equity International, Goldman Sachs Merchant Banking Division, and Centaurus Capital, in partnership with Grupo Pegasus, announced the formation and US$300 million investment of ARG Realty Group, a commercial real estate…
-
Dallas-based private equity firm Lone Star Funds has provided US$200m in financing to ethanol and sugar producer Atvos, a subsidiary of Brazilian conglomerate Odebrecht SA. (Gestión) Lone Star Funds, la…
-
US-based private real estate investment firm Tishman Speyer is readying the launch of new residential, commercial, and mixed-use real estate projects in São Paulo. (Valor Econômico) Sem apresentar projetos desde…
-
Mexican diversified holding group Grupo Proeza has acquired a 22% stake in local energy and infrastructure fund manager Ainda, Energía & Infraestructura, which recently raised a US$236m CKD vehicle to…
-
Alignmex Real Estate Capital, through its subsidiary Sí Renta, will develop 5,000 rental housing units throughout Mexico over the course of the next five years. (Centro Urbano) Para los próximos cinco…
-
US-based private equity real estate firm CPG Real Estate has sold the hotel Golf, Beach Resort & Villas located in Playa Blanca, Panamá, to Colombia-based lodging company Decameron, which received backing…
-
Brookfield and BTG Pactual have closed a swap of office assets in Rio de Janeiro and São Paulo. BTG Pactual is selling a portfolio that is worth R$1.3b (US$393m) and Brookfield…
-
Jaguar Growth Partners’ Managing Partner Thomas McDonald has been appointed to the Board of Directors of Mexican industrial real estate owner and operator Corporación Inmobiliaria Vesta. Mr. McDonald will also…
-
Thor Urbana, Inmobilia Desrrollos, and GFA Grupo Inmobiliario have partnered with Four Seasons to develop a new luxury resort located on Belize’s Caye Chapel private island. (Press Release) TORONTO –…
-
Brookfield Infrastructure has completed the previously announced sale of its interest in Chilean power transmission business ETC Transmission Holdings to China Southern Power Grid International for US$1.3b. (Press Release) BROOKFIELD,…
-
BR Properties, a portfolio company of GP Investments, has aqcuired four industrial units located in Centro Empresarial Espaço Gaia Ar in São Paulo from Blackstone. (Finance News) BR Properties (BRPR3) comprou…
-
Brazilian real estate fund manager VBI Real Estate is looking to increase investments in the student housing, office, and logistics sectors. (Valor Econômico) A VBI Real Estate, gestora de recursos…
-
Real estate investment fund manager Paladin Realty Partners has opened its fourth regional office in Lima, Peru. The office will be headed by Andrés Bautista, Investment Director. (Press Release) Lima, Peru,…
-
CCLA, a partnership between CIM Group and Compass Group, and GIC, Singapore’s sovereign wealth fund, announced today that they have entered into a MX$5.5B (US$300M) joint venture to develop and…
-
Brazilian private equity firm Hemisfério Sul Investimentos (HSI) has agreed to partner with AccorHotels and Atrio Hotéis, resuming its investment activity in the hospitality sector after three years of hiatus.…