Advent International to Sell Remaining Stake in Brazil’s Cetip

published by Editor on July 14th, 2011

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(Advent International) July 14, 2011 – Advent International, the global private equity firm, today announced that it has agreed to sell its remaining 10% stake in Cetip, S.A. (BM&FBOVESPA: CTIP3), Latin America’s largest depositary of private fixed-income securities and Brazil’s largest private asset clearinghouse Read more

Equifax do Brasil to Merge with TMG Capital Portfolio Company

published by Editor on June 1st, 2011

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(Brasil Economico) June 1, 2011 –  Equifax do Brasil has merged with Boa Vista Serviços, a portfolio company of Brazil-based prviate equity firm TMG Capital. Read more

Riverwood Capital, Equinix Complete Acquisition of Brazil’s ALOG

published by Editor on April 26th, 2011

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(Equinix) – April 26, 2011 – Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, and Riverwood Capital, a technology-focused private equity firm,  announced the completion of their acquisition of ALOG Data Centers of Brazil S.A. in an all cash transaction. Read more

SEAF’s Latin American Funds Acquire 22% Stake in Financiera TFC

published by Editor on February 3rd, 2011

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(SEAF) February 3, 2011 – LFLP Holdings, which owns 93.3% of common shares of Financiera TFC, sold 22% of those shares to private equity funds Latam Peru Fund and Latam Growth Fund. Read more

Scotiabank to acquire bank and consumer finance company from group led by Advent International

published by Editor on December 6th, 2010

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(Advent) December 6, 2010 – Scotiabank announced a transaction to acquire 100 per cent of the common shares in Nuevo Banco Comercial (NBC), Uruguay’s fourth-largest private bank in terms of loans and deposits, as well as Pronto!, the country’s third-largest consumer finance company. Read more

Actis Pours $58M into Brazil’s XP Investimentos

published by Editor on November 26th, 2010

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(peHUB) November 26, 2010 – Actis, the global emerging markets private equity specialist, has acquired a minority stake in XP Investimentos, Brazil’s largest independent brokerage firm, through a capital injection of US$58 million. Read more

IFC Makes First Mobile-Banking Investment in Latin America and the Caribbean

published by Editor on October 27th, 2010

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(IFC) October 27, 2010 – IFC, a member of the World Bank Group, invested $3 million and helped mobilize an additional $2 million for Panama’s YellowPepper to help the company expand mobile banking and access to financial services in Latin America and the Caribbean region. Read more

Darby Fund Makes Third Investment with Stake in Controladora Vertice

published by Editor on August 30th, 2010

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(Darby)  August 30, 2010 – Darby Overseas Investments, Ltd. (“Darby”), the private equity arm of Franklin Templeton Investments, announced that its second financial services fund, Darby-ProBanco Fund II, L.P. (the “Fund”), acquired a substantial minority equity stake in Controladora Vertice, S.A. de C.V. (“Controladora Vertice” or the “Company”). Read more

ACON Completes Investment In Credivalores

published by Editor on March 4th, 2010

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(PR Newswire) March 3, 2010 – ACON Latin America Opportunities Fund, L.P. (“ALAOF”), a private equity investment fund affiliated with ACON Investments LLC (“ACON”), announced today that it has completed an investment in Credivalores-Crediservicios, S.A.S. (“Credivalores”), the leading non-bank provider of consumer loans in Colombia.  Credivalores offers a broad range of innovative credit and micro-insurance products designed to address the particular needs and profile of Colombia’s large under-banked population, where fewer than 25% of working age adults have access to any formal credit products. During 2009, Credivalores extended over 75,000 loans totaling approximately $215 million. The Company will continue to be led by Mr. David Seinjet, its founder and CEO.     Read more

CIBC, Carlyle Buy Stake in Bermuda Bank

published by Editor on March 3rd, 2010

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(Wall Street Journal) March 3. – Canadian Imperial Bank of Commerce and Carlyle Group led a $550 million investment in Bermuda’s largest independent bank, Bank of N.T. Butterfield. Read more

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