Brazil

BR Startups, managed by MSW Capital, invested R$2m in Carflix, a marketplace for pre-owned cars, to expand within Brazil. (StartSe) A Carflix, site de compra e venda de veículos seminovos,…

Criatec 2, managed by Crescera Investimentos (formerly Bozano), invested R$2.5m in Bom Consórcio, a Brazilian secondaries marketplace for consumer debt.  (Valor Econômico) A Bom Consórcio, startup que atua no mercado…

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…

WEEL, a Brazilian cash flow management platform, raised US$30m from American asset manager Franklin Templeton. WEEL (formerly WorkCapital) raised US$6m in early 2019 from monashees, Mindset Ventures, and Banco Votorantim,…

Paladin Realty Partners announced the launch of a mixed-use development project located in São Paulo’s Pinheiros neighborhood. The project is expected to generate approximately R$400m (US$103m) of total sales. The…

Brazilian construction company Vitacon has formed a joint venture with 7 Bridges Capital Partners that will focus on constructing 3,500 units in São Paulo. The deal is valued at R$2b.…

Brazilian distributor of aftermarket auto parts Fortbras Group has acquired Brazilian auto part retailer BHZ. (Brazil Journal) A varejista de autopeças Fortbras é uma das empresas menos conhecidas do portfólio…

Stone Pagamentos announced a follow-on public offering that could raise over US$700m. (Valor Econômico) A credenciadora de cartões brasileira Stone, listada na Nasdaq, anunciou hoje que está fazendo uma oferta…

Positivo made undisclosed investments in agtechs Agrosmart and @Tech. (GS Notícias) A Positivo Tecnologia comprou no mês passado participação em duas startups de tecnologia do setor de agronegócios. A companhia…

US private equity firm Warburg Pincus is in talks to acquire America Net, a telecommunication operator, from Axxon Group. According to O Globo, the deal is valued at around USD100…