iFood completed a majority acquisition of Domicilios, which Delivery Hero acquired in 2014. iFood will own 51% of the JV with Delivery Hero. The transaction is undisclosed but one of…

OLX,  a global classifieds marketplace backed by Naspers, has made a R$2.9b (~US$642m) all cash offer to acquire Brazilian real estate classifieds platform GrupoZAP, subject to approval by CADE.  VivaReal…

Grow Mobility, the Latin American rideshare startup that resulted from the Grin/Yellow merger, has merged with payments startup Flinto. Grin & Yellow jointly raised US$150m in January 2019. Backers include…

99 Minutos, a Mexican ecommerce shipping platform, acquired MuvSmart, a Chilean last-mile delivery startup, for an undisclosed amount. Engie Factory Mexico made a follow-on investment in 99 Minutos as part…

HandTalk, a real-time translation platform for Brazilian sign language, received a US$750k grant from Google.org as one of 20 global winners of the Google AI Impact Challenge. (Press Release) Google…

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…

GoTrendier and Chicfy merged to create the leading clothing resale platform in Latin America and Spain. GoTrendier is backed by IGNIA Partners, Ataria Ventures, Banco Sabadell, Antai Venture Capital, Bonsai…

Rappi acquired Payit, a Mexican blockchain-based payments platform, for an undisclosed amount. (La Republica) La plataforma colombiana de entrega de pedidos a domicilio, Rappi, adquirió la startup mexicana de pagos…

Siigo, a Colombian ERP software startup, acquired Ilimitada in Medellin to accelerate growth. Accel-KKR invested in Siigo in 2017. (Valora Analitik) Siigo, la empresa líder de software ERP (de gestión…

US beauty retail giant Ulta Beauty acquired GlamST, an Uruguayan AR platform for beauty brands and retailers, for an undisclosed amount. GlamST investors include 500 Startups, Hunt Technology Ventures, Reflex…

3xBit , a Brazilian cryptocurrency broker,  announced the acquisition of the brokerage Troca Ninja. The two brokerages will integrate their cryptocurrencies and will work with Bitcoin, Litecoin, Dash, Dogecoin, ATM Cash, Smartcash, and others that were being traded by Troca Ninja.

Valid announced the acquisition of 51.8% of Agrotopus, a startup focused on corporate solutions for agribusiness. Agrotopus’ customer base is coffee cooperatives that account for 12% of the Brazilian market. The acquisition value is R$ 6.5m. 

Riverwood Capital made an undisclosed investment in Chilean SaaS Nubox. This is Riverwood Capital’s second investment in the Chilean firm. Nubox recently acquired Argentinean SaaS Colppy as part of its regional expansion. 

Monashees Capital, Valar Ventures, Thrive Capital, and Kaszek Ventures have completed an exit from Brazilian e-commerce platform Oppa with a sale to Meu Móvel de Madeira (MMM).  (Amanha) O e-commerce de…

Digio, a digital credit card owned by CBSS bank, has acquired Brazilian cashback startup Poup. Wayra Brazil accelerated the company in its first batch. (E-commerce News) Digio, a digital credit…

Somos Educação acquired AppProva earlier this year, generating a net IRR of 51% for AppProva investor e.Bricks Ventures. (Brazil Journal) A Somos Educação comprou a Stoodi, uma startup que oferece…

MercadoLibre acquired Ecommet, a Brazilian e-commerce software provider, for R$36.5m. (E-Commerce News) Em mais uma investida para ganhar espaço no segmento do varejo online nacional, o Mercado Livre anunciou a aquisição da startup…

VivaReal merged with Globo-owned Zap. VivaReal CEO Lucas Vargas will serve as the CEO of the new entity, Grupo ZAP VivaReal, which also includes Geoimovel, Suahouse, Sub100, and DataZAP. (Baguete)…

Wine.com.br, an online wine store controlled by e.Bricks’ Grupo RBS and Península Participações, has acquired CluBeer.com.br for an undisclosed amount. (Valor Econômico) A Wine.com.br, empresa de comércio on-line de bebidas…

Primatec acquired Rockhead Estudios, a Brazilian gaming company, for an undisclosed amount. (LexLatin) Fundo de Investimento em Participações Inova Empresa MPE Primatec, fondo de capital para emprendedores, adquirió el capital…

Kaszek Ventures exited NubeliU, a Brazil-based OpenStack cloud computing company, with a sale to to Logicalis.  (Press Release) Logicalis, an international IT solutions and managed services provider, has acquired a…

KaszeK Ventures’ Guichê Virtual, a Brazilian startup which specializes in online bus ticket sales, will acquire G&M Soluções for an undisclosed amount.  (Estadão) A startup Guichê Virtual, com foco em…

SocialTools, an Argentina-based social media management platform, has been acquired by a U.S. fund for an undisclosed amount. Investors in SocialTools include Wayra, the accelerator of Telefonica Open Future_, and…

Astella Investimentos and VARIV Capital exited Brazilian auto part e-commerce platform Ítaro, which was acquired by Pneustore for an undisclosed amount. (Baguete) O Grupo Pneustore, vertical focada em pneus e…

Australian jobsite Seek, along with existing shareholders, acquired a stake in Workana for R$8m. Previous investors include NXTP Labs and DMGT. (Baguete) A Workana, plataforma de trabalho freelance com atuação…

Direct Talk and Seekr, now called DT+Seekr, announced a merger along with an undisclosed investment from CVentures, a venture fund backed by Financiadora de Estudos e Projetos (FINEP) and the…

AppProva, a Brazilian education portfolio company of e.Bricks Ventures, was acquired by Somos Educação, generating a net IRR of 51%. (Forbes) A Somos Educação, maior companhia de educação básica no…

Mountain Nazca acquired Groupon LatAm for an undisclosed amount to increase growth across Chile, Argentina, Colombia, México, and Peru. (Gestión) “Groupon podrá tomar más fortaleza en la región y podremos…

(Press Release) Colombia’s Busqo.com (formerly RedSeguro) and Asegúrate Fácil have merged to form one of the largest online insurance groups in Latin America. The transaction included an undisclosed investment from…

(Tech.eu) Optilogistic, a French logistics software company, has been acquired by Brazil’s Maplink. Mobile commerce company Movile led the deal. Maplink, a Brazilian technology company that is a leader in…