US-based VC fund Good Growth Capital led a US$1.2m seed round in Irys, a Mexican platform for civic engagement with local governments, with participation from Arcadis, Techstars Ventures, and City…

Brookfield Energia Renovável completed a ~R$3b acquisition of solar energy complex in Minas Gerais, totaling 1,200 MW of installed power. Transaction is subject to Brazil’s government approval. (Global Legal Chronicle)…

Company: SWAP Investors: ONEVC, GFC, Flourish Ventures, a.b.seed, Hustle Fund, Brad Flora, Patrick Sigrist, Canary, SOMA Capital, Rhombuz Ventures, Brad Flora, and Patrick Sigrist.  Interview with: Co-Founders Douglas Storf and…

Oaktree Capital Management will invest US$1.3b in private financing in LATAM Airlines, which recently filed for bankruptcy in the US and added its Brazilian operations to the chapter 11 process.…

IFC and Australis Partners will invest up to US$15m in Reve Group, a Latin American retail and consumer foodservice company operating in Colombia, Panama, and Chile. The funding will be…

General Atlantic and e.Bricks Ventures led a R$40m Series B in Conexa Saúde, a Brazilian telemedicine marketplace, with participation from Luiz Fraga of Gavea Investimentos. e.Bricks had previously invested a…

Rodolfo Spielmann, Managing Director and Head of Latin America at Canada Pension Plan Investment Board (CPPIB) and LAVCA Board Member, shared insights about partnerships with family-controlled businesses as a model…

Kaszek Ventures and Kevin Efrusy led a US$20m round in Brazil-based international money transfer platform Remessa Online. Global Founders Capital and Mar Ventures led the company’s US$4m in 2018.  (Press…

Since the C19 pandemic began, Tech Growth Coalition members have stepped up with relief efforts in Latin America and globally, through a combination of capital-infused initiatives (including grants and donations), strategic partnerships, and lending tech infrastructure support…

Patria Investimentos has formed a renewable energy firm after acquiring solar and wind assets with roughly 800MW capacity to control and develop them.    (Reuters) Brazilian private equity firm Patria…

IG4 Capital has acquired two Brazilian hospitals through its recently formed OPY Health unit for R$200m. IG4 plans on expanding the number of beds in both hospitals.  (Press Release) Opy…

The sudden and wide-ranging impact of the coronavirus (COVID-19) has resulted in companies facing unprecedented circumstances and challenges. Portfolio companies backed by private equity are no exception to the rule.…

e.Bricks Ventures shares shares insights on the challenges & opportunities brought by the COVID-19 Pandemic to the Brazilian Venture Capital Market, as well as actions taken by the fund and its portfolio companies and their views of companies they expect will navigate well under the current scenario.

SoftBank has invested US$48m from its Latin America fund in Brazil-based online pet product retailer Petlove to accelerate the company’s growth to meet higher demand for online services during the…

Private equity funds the Global Environment Fund (GEF) and Performa Investimentos will exit Tecverde Engenharia, in a sale to E2E a Chile based joint venture between Etex and Arauco. Tecverde…

Canada Pension Plan Investment Board (“CPPIB”) and Ontario Teachers’ Pension Plan will acquire a 40% stake in Impulsora del Desarrollo y el Empleo en América Latina, S.A.B. de C.V. (…

BBM Logística, a distribution and logistics portfolio company of the Brazilian private equity firm Stratus Group, finalized the acquisition of trucking company Translovato. With this strategic acquisition BBM Logística has…

Brazilian fintech Cerc raised R$20m from Parallax and an undisclosed investor. Parallax invested previously, as did angels Fabio Barbosa (Santander), Marcos Lisboa (Insper), Gustavo Roxo (BTG Pactual) and Jose Bonchristiano…

Credijusto, a fintech startup that provides affordable financing to SMEs in Mexico, raised US$42m from Goldman Sachs, Point72 Ventures and others. Goldman invested via its Principal Strategic Investments group. Goldman…

This leaderboard tracks Latin American tech unicorns, privately held tech companies with post-money valuations of US$1b+ based on their last disclosed valuation event.

Bossa Nova Investimentos made a seed investment in Brazilian legaltech Juristas. (Juristas) No mercado atual todo negócio nasce com o propósito de resolver um problema específico e com o Juristas não…

Vista Oil & Gas, a Mexico based energy company, raised US$107m in a follow-on offering on the New York Stock Exchange to invest in current projects. Vista is backed by…

Gympass, a Brazilian B2B gym membership platform with global operations, raised US$300m at a reported valuation over US$1b. Investors include SoftBank Vision Fund, SoftBank Latin America Fund and existing investors…

Sapphire Ventures led a US$103m Series E investment in Auth0, a US-based identity verification solution founded by Eugenio Pace and Matías Woloski, with participation from existing investors Bessemer Venture Partners,…

Brazilian education company Arco Educação acquired Positivo, an educational content provider, for R$1.65b. Arco Educação IPO’d on the Nasdaq in 2018. Backers include General Atlantic. (Press Release) Arco Platform Limited, or Arco (Nasdaq: ARCE), today announced that…

Kinea Investimentos, the private equity wing of Brazilian bank Itaú, acquired a 20% stake in Wiser Educação for R$200m. Wiser Educação operates a chain of language schools throughout Brazil. (Reuters)…

LAVCA spoke with Rodrigo Suarez, Co-Founder of HASTA Capital, about the multifamily opportunity in MX and appetite from MX LPs for dollar-denominated investments.

Caisse de dépôt et placement du Québec (CDPQ) and ENGIE have made a US$8.6b winning bid in a competitive process conducted by Petrobras to acquire a 90% stake in Brazil’s…

A new global social impact fund managed by FIA Asset Management, which will invest in companies delivering positive social impact in Latin America and East Africa, is set to launch…

In early 2019, the federal executive branch of the Mexican Government introduced a proposal to amend provisions of the Pension Funds Systems Law. LAVCA spoke with Nader, Hayaux & Goebel about…