GIC acquired a significant minority stake in Biotrop Soluções Biológicas, a Brazil-based high-tech biological agricultural inputs company, providing a partial exit for Aqua Capital. The transaction is subject to approval. Read more… Read More
General Atlantic led an undisclosed Series B for Klar, a Mexico-based personal finance management and lending platform, with follow-on from Prosus Ventures, Quona Capital, Mouro Capital, IFC and WTI. IFC and Prosus Ventures led the company’s USD15m Series A in 2020. Read more… Read More
KKR agreed to invest ~USD500m in Telefónica Colombia, a subsidiary of Spain-based telecom group Telefónica, to create Colombia’s first nationwide open access fiber optic network. Read more… Read More
Brazil-based e-commerce chain Magalu acquired KaBum!, a Brazil-based technology and e-commerce platform backed by Insight Partners, for up to BRL3.8b (~USD741m). As part of the agreement, Magalu invested BRL1b (~USD195m ), which will be followed by the transfer of additional shares conditional on the achievement of established goals. Read… Read More
monashees and Endeavor Catalyst fully exited Brazil-based cashback platform Méliuz through a ~USD230m follow-on offering on the B3. Read more… Read More
The Rohatyn Group exited Neosecure, provider of cybersecurity solutions and services with operations in Chile, Argentina, Peru, Colombia and Brazil, via a sale to Patria Investmentos. Terms of the transaction were not disclosed. Read mor… Read More
XP Private Equity and Atmos Capital invested BRL250m (~USD50m) for a minority stake in Brazil-based digital bank Will Bank. Read more… Read More
Crescera Capital invested BRL200m (~USD38.5m) in Brazil-based funeral services provider Grupo Zelo. Crescera originally invested BRL305m (approximately USD55.5m) in August 2020. Read more… Read More
Argentine space exploration startup Satellogic merged with CF Acquisition Corp. V, a SPAC formed by Cantor Fitzgerald, to go public at a reported USD850m valuation. The deal includes a USD100m PIPE investment from SoftBank and Cantor Fitzgerald. Read more… Read More
In December 2016, General Atlantic invested in Clip, a Mexico-based provider of digital payments solutions for SMEs. General Atlantic worked with the Clip team to expand the company’s distribution channels. Clip’s card reader is now available for purchase at ˜21,000 points of sale in partnership with Sam’s… Read More
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