Advent International

Advent-backed Grupo BIG, Brazilian supermarket chain, filed for an initial public offering IPO. Advent acquired 80% of  Walmart Inc’s operations in Brasil in 2018, renaming it, a year later, to…

Advent International has entered a strategic partnership with Brazil-based premium chocolate producer Grupo CRM and has reportedly acquired a majority stake in the company. Read more here and here (em português). (Advent International)…

Advent International has raised a US$2b final close for Advent Latin American Private Equity Fund VII (LAPEF VII). The vehicle will target investments in Brazil, Colombia, Mexico, and Peru across…

Advent International has agreed to sell its stake in Brazil-based digital investment platform Easynvest to Brazilian fintech Nubank. As part of the agreement, Advent and other shareholders of Easynvest have…

Advent International has agreed to sell its 88% stake in Brazil-based home improvement retailer Lojas Quero-Quero via the company’s IPO for up to R$1.9b. Advent originally invested R$300m in the…

Advent International-backed Brazil-based educational group YDUQS acquired Brazil-based post-secondary educational group Grupo Athenas for R$120m.  (Brazil Journal) A YDUQS acaba de comprar o Grupo Athenas, reforçando sua presença no Norte…

Advent International-backed Brazil-based educational group YDUQS has finalized the acquisition of Brazilian workforce solutions provider Adtalem Educacional do Brasil from its parent company, US-based Adtalem Global Education, for US$424m.  (Yahoo…

Advent International completed the sale of stake in OCENSA, a Colombian oil pipeline, to fund manager I Squared Capital through its ISQ Global Infrastructure Fund. (Press Release) I Squared Capital,…

Advent International acquired auto parts retailer Rondobras in an add-on acquisition. Rondobras will be absorbed by Fortbras, an auto parts maker Advent acquired in 2016. Financial details of the transaction…

Advent International and Essex Woodlands fully exited Brazilian pharmaceutical company Biotoscana through a strategic sale to Canadian pharmaceutical company Knight Therapeutics. Advent and Essex Woodlands ‘s 51% stake was purchased…