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Axxon Invests R$100m in Brazilian Edtech Estratégia Concursos (em português)

5 September 2019

Axxon invested R$100m for a minority stake in Estratégia Concursos, a Brazilian edtech platform providing online courses. The money will be used to enter new verticals in the field of distance learning, mainly through acquisitions. The agreement, which is subject to CADE approval, also includes a purchase option of over R$70m that may be exercised by Axxon until 2021.

(Brazil Journal) A Estratégia Concursos — plataforma líder no Brasil em cursos online para concursos públicos — acaba de levantar R$ 100 milhões com a gestora de private equity Axxon, que comprou uma fatia minoritária do negócio.

Read more at Brazil Journal.