Exit

Starboard Partners sold an ~11% stake in Brazilian oil & gas company 3R Petroleum through a block trade. Starboard retains an 11.25% stake in the company. (Nasdaq) SAO PAULO, Feb…

Actis exited Brazil-based benefits management and insurance brokerage platform It’sSeg via a sale to US-based insurance brokerage Acrisure for an undisclosed amount. (Press Release) GRAND RAPIDS, MI (October 20, 2021)…

GIC and the Carlyle Group sold 37 million shares of Brazil-based hospital network Rede D’Or via a block trade for BRL2.6b (~USD500m). (Brazil Journal) GIC e Carlyle venderam hoje um…

BRZ Investimentos-backed Vittia Fertilizantes, a Brazilian biotechnology and agricultural inputs company, raised BRL436m in its IPO on the B3.  BRZ exited via a secondary offering that represented roughly 70% of…

Gávea Investimentos’ Speed fund partially exited Armac, a Brazilian equipment rental company for agribusiness, mining and infrastructure, via the company’s BRL1.5b IPO on the B3. The secondary offering raised BRL532m.…

Colombia’s Kandeo exited Finsocial, a Colombia-based fintech focused on payroll deduction loans, via a sale to unnamed international investors. Kandeo invested in 2018.  (La República) Los accionistas de la fintech…

The Carlyle Group and GIC have sold a small portion of their combined stake in Brazil-based hospital network Rede D’Or, reducing it from 37.8% to 34%, via the company’s R$11.4b…

L Catterton exited Cholula, a Mexico-based hot sauce producer and distributor, through a US$800m sale to McCormick & Company. The transaction is subject to approval. L Catterton acquired the company…

InfraBrasil Fundo de Investimento em Participações and Fundo de Investimento em Participações Caixa Ambiental exited Renova Energia via a sale to Spectra Volpi Fundo de Investimento. With this deal, Spectra…

Crescera Capital (formerly Bozano)-backed Oba Hortifruti, a health food retailer, its preparing initial public offering. Crescera acquired a stake in the company in 2017 for an undisclosed amount.  (Yahoo Notícias)…