◼︎ BTG Pactual reached a BRL1.2b (~USD239m) first close for BTG Pactual Infrastructure Fund III. The vehicle will invest in greenfield and brownfield opportunities across Latin America in sectors such as energy and logistics. #RealAssets ◼︎ EQT Growth led a USD85m Series F for Gympass, a Brazil-based B2B gym membership platform with global operations, with participation from Neuberger Berman. Gympass raised a USD220m Series E at a USD2.2b valuation in June 2021. #VC ◼︎ Tiger Global led a USD61m Series B for Nomad, a Brazil-based fintech offering US checking accounts for Brazilian residents, with follow-on from monashees, Stripes, Spark Capital, Propel Ventures, Globo Ventures and Abstract. Nomad was founded by iFood co-founder Patrick Sigrist. #VC ◼︎ Praso, a Brazil-based distribution platform for small retailers, raised a USD9.3m Series A led by Valor Capital Group and NFX and acquired the intellectual property of Floki, a Brazil-based restaurant management operation platform. #VC ◼︎ Infraestructura Brasil Holding 21, a Brazil-based infrastructure holding controlled by Patria Investimentos, won an auction to partially manage the highway road system in the State of Paraná. The roads auctioned had been without concessionaires for more than a year. #RealAssets ◼︎ Sekura, a Mexico-based insurance brokerage platform, acquired insurance broker Alternativas en Riesgos (AER) through an equity investment from Australis Partners and the IFC, among other undisclosed investors. Sekura’s bank syndicate also participated in debt financing. #PE ◼︎ Penta acquired a 50% stake in Infraestructura Interportuaria Central from BTG Pactual through its fund Penta Las Americas Infraestructura Cinco for ~USD50m. #RealAssets ◼︎ HIG Capital partially exited Eletromidia, a Brazil-based advertising company, via a sale to Grupo Globo, a Brazil-based media conglomerate. #PE ◼︎ BTG Pactual fully acquired Eco Medical Center, a Brazil-based chain of medical offices operating in Curitiba. #PE |