◼︎ Advent International acquired Siesa, a Colombia-based enterprise resource planning company. #PE ◼︎ Spectra Investments raised USD330m for its sixth Latin America Private Equity fund, which will dedicate 45% of capital to secondaries transactions. #PE ◼︎ Sapphire Ventures led a USD120m Series C for Tractian, a Brazilian industrial equipment maintenance management platform, with participation from General Catalyst, Next47, NGP Capital and DGF. #VC ◼︎ DGF reached a BRL200m (~USD35m) first close for its eighth fund focused on early-stage startups in Latin America. The fund has a BRL300m (~USD50m) target. #VC ◼︎ KASZEK led a BRL155m (~USD25.7m) Series B+ for Zig, a Brazil-based payments and event management system designed for the entertainment sector. #VC ◼︎ Patria Investments signed an MoU with an undisclosed Asian sovereign wealth fund, with terms including a USD500m SMA invested directly into Patria's funds and co-investments. #RealAssets ◼︎ Toesca Asset Management and Astarte Capital Partners launched a USD350m regenerative agriculture investment platform that will focus on investments in Chile and Latin America. #RealAssets ◼︎ Ribbit Capital led a USD20m Series A for Onze, a Brazil-based corporate pension plan management platform, with participation from Atlantico and Red Ventures. #VC ◼︎ JICA agreed to invest up to USD15m in the third Dalus Capital Fund, focused on startups across Latin America and the Caribbean. #VC ◼︎ Cometa led a USD12.5m Series A for Solvento, a Mexico-based debt financing platform for trucking companies, with participation from Quona Capital, Endeavor Fwd Fund, Ironspring Ventures and others. #VC ◼︎ QED Investors led a USD30m Series B for minu, a Mexico-based employee wellness platform, with participation from Redwood Ventures, Endeavor Catalyst, Flourish Ventures and others. #VC ◼︎ Alta Growth Capital exited Pequeño Caesarmex, the Mexico-based Little Caesars Pizza franchisee, via sale to Advanced Capital Group. #PE ◼︎ Macquarie Asset Management acquired a stake in the Mayakan Natural Gas Pipeline, which includes a partnership with Engie to carry out the construction of a new 700-km pipeline. #RealAssets ◼︎ Acrew, Quona Capital and NAZCA invested in a USD23m round for Mexico-based manufacturing and supply chain integrator Prima, bringing its total funding to USD42m. Other investors include Greenoaks, Canary, NXTP, Picus Capital, Endeavor, Fluent Ventures, K50 Ventures, Marathon Ventures and WTI. #VC ◼︎ Ashmore CAF-AM, a joint venture between Ashmore Group and CAF Asset Management, reached a USD405m first close for its second infrastructure debt fund in Colombia. |