Latin America

Advent International has agreed to acquire technology consulting services company Sophos Solutions from The Colombia Securities Exchange Group (bvc Group) for COP$129.6b (US$35.6m).  (Press Release) Advent International (“Advent”), one of…

China’s State Power Investment Corp., through its Hong Kong-based unit China Power International Holding Limited, has acquired Mexico-based renewable energy company Zuma Energía from Actis for an undisclosed amount. (Bloomberg…

Pátria Investimentos has announced the launch of Winity, a telecom wireless infrastructure company, and via Pátria Infraestrutura IV Fund, will invest R$3b. (Baguete) A Pátria Investimentos, especializada em gestão de…

DEG has agreed to commit up to US$11.8m to Vinci Impact and Return Fund IV, a fund managed by Vinci Partners. The vehicle will invest in SMEs across the education,…

Software Uruguay-based company Memory has announced a merger with Colombia-based Accel-KKR backed Siigo.  (Press Release) Memory, empresa líder en Uruguay en software contable, de gestión de empresas y de facturación…

Rappi raised US$300m from T. Rowe Price Associates and other undisclosed parties. Previous investors in Rappi include SoftBank, Andreesen Horowitz, DST Global, Sequoia Capital, and Y Combinator.  (Nasdaq) Colombian all-purpose delivery…

ACON-backed CryoHoldco, a Mexico-based technology company, acquired Brazil-based cell therapy center Cordcell. The amount of the transaction was undisclosed. (AMEXCAP) CryoHoldco de Latinoamérica (“CryoHoldco” o la Compañía”), una empresa mexicana controlada por ACON Latin…

AMP Capital and Enel X created joint venture for public transportation and associated infrastructure for vehicles’ storage, charging, repair, and operation.  (IPE Real Assets) AMP Capital and Enel Group’s energy…

Pátria Investimentos has reached a R$10b final close for its Infrastructure Fund IV. The fund will target investments in infrastructure, with a focus on logistics, energy, and telecoms, across Latin…

Blackstone-backed Pátria, through its Private Equity VI fund, has acquired a 20% stake in Ultra SA, a Brazil-based conglomerate operating in sectors ranging from fuel distribution and specialty chemicals production…