Industry News
HIG Acquires Acquires DMS and TOTS
21 December 2015
(Press Release) H.I.G. Capital completed strategic investments in DMS Publicidade Mídia Interativa and Telefónica On The Spot Soluções Digitais Do Brasil. DMS and TOTS operate out-of-home advertising in the subway systems of Rio de Janeiro and São Paulo.
These transactions significantly expand the reach and depth of Eletromidia’s advertising network, providing more value to clients and agencies. With over 11 million unique impacts daily in the most important cities, Eletromidia is one of the most relevant players in the out-of-home advertising industry in Brazil.
Fernando Marques Oliveira, Managing Director and Head of H.I.G. Brasil & Latin America, added, “These acquisitions are important steps in Eletromidia’s expansion plans. We are excited to support the management team and future development of the Company.”
You may be interested in...
-
Save the Date for LAVCA ESG Awards; Vinci Partners Merged with Compass Creating USD50b AUM Asset Management Platform
-
Timing on Startup Fundraising; Is AI a Thing in LatAm?
-
Vinci Partners Deal Case; Mexico Infrastructure Partners and Mexican Government Acquires 55% Stake in Mexico’s Generation Plants for USD6.2b from Iberdrola
-
TozziniFreire Appoints Three New Partners
Brazil-based full-service firm TozziniFreire Advogados appointed new...