Latin America

SP Ventures led a US$23m Series B in Agrofy, an Argentine marketplace for agricultural supplies, with participation from Fall Line Capital and ACRE Capital, and follow-on from Cygnus Capital. Agrofy…

Kue Capital via its IDK Capital fund led the acquisition of a port trailer services concession in Manzanillo, Mexico. IDK Capital carried out this acquisition together with a group of…

Mexican fintech Resuelve Tu Deuda raised MX$93m (~US$5m) from DILA Capital and an additional MX360m (~US$19m) in debt financing from Alloy Merchant Finance.   (El Universal) El desarrollo de empresas financieras…

Brazilian food production company Alnutry Alimentos a portfolio company of Brazilian private equity firm Stratus Group, completed the acquisition of competitor Hikari Indústria e Comércio. Financial details of the transaction…

Uruguay-based biotech Eolo Pharma raised a US$2.7m Series A from CITES and a group of international investors to fund preclinical trials for an obesity treatment. Eolo Pharma is run by…

GEF Capital Partners exited AGV Logística Saúde through a sale to Solistica, FEMSA’s logistics subsidiary. AGV is a Brazil based logistics and distribution company that specializes in animal and human…

Victoria Capital Partners and the International Finance Corporation (IFC) exited publicly listed student loan provider Pravaler by selling their remaining shares to Itaú Unibanco. Financial terms of the transaction were…

Private Equity fund Australis Partners agreed to a follow-on investment of US$18.4m in Reve Group, which owns Colombian supermarket chain Justo & Bueno and coffee shop chain Tostao. This investment…

Real estate credit marketplace Melhortaxa raised ~R$4.5m from the private equity arm of Goldman Sachs at a reported valuation of R$100m. This is Goldman’s third investment in Melhortaxa through Holding…

Tencent and Fondo Pitanga made a follow-on US$50m investment in Argentine spacetech Satellogic, with participation from IDB Lab. Tencent and Pitanga led a US$27m Series B in 2017. (Clarín) La…