Unbox Capital led a US$40m Series B round in Solinftec, a Brazilian agtech. Also included in the round was US$20m agri asset-backed debt, led by Itaú BBA and Gaia Securitizations…
Magazine Luiza acquired Brazilian ecommerce brand Netshoes for US$62m. As of June 14th, Valor Econômico has reported Magazine Luiza acquired Brazilian ecommerce brand Netshoes for US$115m. More information here. (Brazil…
Brazil’s Magazine Luiza launches new PE fund headed by JP Morgan Vet Patricia Moraes and will invest wealth from controlling shareholders. Moraes will seek out minority stakes in Brazilian middle-sized companies valued at as much as 1.5 billion reais ($362 million).