CarVal Investors has invested USD150m in distressed debt for Viva Aerobus, a Mexico’s low-cost airline. (Viva Aerobus) Viva Aerobus, Mexico’s ultra-low-cost-airline, announced today, as part of its growth and expansion…
Latin American
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Patria SPAC Files for USD250m IPO
19 March 2021Patria Acquisition, a SPAC formed by Patria Investimentos targeting Latin American companies, has filed to raise up to USD250m in an IPO on the Nasdaq. (Nasdaq) Patria Acquisition, a blank…
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Invermaster Ventures co-led a US$1m investment in Chilean biotech Levita Magnetics. Existing investors include Alex Seelenberger from Aurus Capital (co-founder and first investor), FEN Ventures (Cristóbal Silva and José Antonio…
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Foundation Capital made a US$6m investment in Colombian edtech Platzi. Other investors include Omidyar Network, Mountain Nazca Chile, Y Combinator and 500 Startups. (Contxto) Platzi, a Colombian startup specializing in…
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Private equity firm Southern Cross will merge the technology companies Getronics with Intellego and projects the merger could form the largest independent IT company in Latin America. (Expansión) Tras completar…
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(Valor Econômico) Brazilian corporate training provider Affero Lab, a portfolio company of Bertelsmann and the IFC African, Latin American, and Caribbean Fund, has acquired education platform QuickLessons from Confrapar. IFC’s…