| |||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||
Deal Case: Valor Capital Group | Dolado#LAVCADealCases&AwardsIn October 2020, Valor Capital led a USD2.2m seed round for Dolado, a Brazil-based company that provides micro-enterprises and SMEs with access to the technology tools to manage their inventories, improve sales through a digital presence, source products through a B2B marketplace, process payments and gain access to credit. With Valor Capital's support, Dolado served SMEs from 128 cities in Brazil, delivering over 138,000 leads for its affiliated retailers. Merchants listed over 68,000 products on Dolado, reaching over 420,000 online visits despite a practically null marketing expenditure. Dolado has structured a product offering focused on positively impacting and empowering entrepreneurs from underserved regions and vulnerable backgrounds. The company is currently one of the main supporters of Instituto Responsa, a Brazilian initiative focused on non-discrimination of people impacted by the justice system. Approximately 15% of Dolado’s operational workforce was previously incarcerated. LAVCA's Eighth Annual Latin American Private Capital ESG Deal Awards awarded Valor Capital Group a 2022 Social Responsibility Award for their investment.   Negotiating with Co-InvestorsOctober 27, 2022 | 8:30-10:00 am ET#InsidePrivateCapital | |||||||||||||||||||||||||||||||||||||||||||||||||||||
 |  |  |
| Tania Sztamfater Chocolat Managing Director, Global Leadership Team, Head of Active Equities Latin America CPP Investments | Michael Stohler Chief Investment Officer Wisconsin Foundation and Alumni Association (WFAA) | Pedro Quintella Head of Structuring and Investor Relations Vinci Partners |
Non-members may contact education@lavca.org to express interest. For additional information, please visit here.
Apollo Global Management, through its affiliate Apollo Funds, agreed to provide up to USD1.5b in financing to customers of Brazil-based aerospace manufacturer Embraer. In the first transaction under the agreement, Apollo entered into a sale and leaseback agreement with Canada-based Porter Airlines for six Embraer airplanes to be delivered in 2023. Read more #Private Credit #Real Assets
HSBC agreed to provide USD675m in debt financing for Mexico-based used car platform Kavak, with Goldman Sachs and Santander providing another USD135m in additional credit lines. Read more #Private Credit #VC Lavoro, a Brazil-based agricultural inputs retailer backed by Patria Investments, agreed to list on the Nasdaq through a SPAC merger with TPB Acquisition Corporation I, sponsored by investment holding company The Production Board (TPB), at an implied enterprise value of ~USD1.2b. The merger will include a USD180m contribution by the SPAC and an additional USD100m private placement with TPB. Read more #PE Warburg Pincus and Gávea Investimentos partially exited Brazil-listed facilities company Grupo GPS for BRL546m (~USD106m). Warburg and Gavea maintain ~5% and ~1% stakes in the company, respectively. Read more #PE Victory Park Capital provided a USD100m senior loan facility to Nelo, a Mexico-based BNPL platform for e-commerce merchants. Read more #Private Credit #VC Vinci Partners, XP and Genial agreed to acquire Brazil-based shopping mall chain Campinas Shopping from BR Malls for BRL411.4m (~USD80m). Read more #PE Fifth Wall, through its climate tech fund, invested USD30m in a Series C extension for Brazil-based solar energy financing startup Solfácil. QED Investors led a USD100m Series C in May 2022. Read more #VC BTG Pactual agreed to acquire UPI Itiquira, a Brazil-based logistics terminal serving the agricultural sector, for BRL146.7m (~USD28m). Read more #Real Assets Vinci Partners, through its impact fund Vinci Impacto e Retorno IV, agreed to acquire a minority stake in Efficopar, a Brazil-based water and sewage services company, for an undisclosed amount. Read more #PE Salkantay Ventures reached a USD26m final close for its first VC fund, Salkantay Exponential Fund (SXF) with undisclosed commitments from DGGF and Bancoldex, and follow-on from Capria, IDB Lab and FCEI. The fund will target seed and Series A rounds in up to 25 tech-based startups in Spanish-speaking Latin America. Read more #VC RappiPay, a Colombia-based payments platform joint venture between Rappi and Banco Davivienda, secured a USD11m syndicated credit line from Bancolombia, Banco de Bogotá, Davivienda and Itau. Read more #Private Credit #VC Construct Capital and monashees led a USD8.5m round for Leoparda Electric, a Brazil-based rechargeable battery network for electric motorbikes, with participation from Claure Capital, Auteco, K50 Ventures and Climate Capital. Read more #VC Moore Capital led a BRL40m (~USD8m) Series A+ for BHub, a Brazil-based accounting and financial management platform for SMEs, with participation from Endeavor Scale-Up Ventures, partners of DST, Monashees, Valor, Picus Capital, Norte and BFF Ventures. Read more #VC Astella Investimentos led a BRL40m (~USD8m) Series A for Amicci, a Brazil-based private level developer for retailers focused on consumer products, with participation from DGF Investimentos and Endeavor Scale-Up Ventures. Read more #VC Naya, a Mexico-based short-term and vacation rental platform, raised a USD5.6m seed round from Carao Ventures, Clocktower Technology Ventures, Flybridge Capital Partners, Primary Venture Partners, K50 Ventures and Derive Ventures. Read more #VC KASZEK and Y Combinator led a USD5m investment for DolarApp, a Mexico-based fintech that allows users to open a bank account converting Mexican pesos to dollar stablecoin USD Coin (USDc), with participation from a group of over 50 angel investors. Read more #VC GSV Ventures led a USD2m seed round for uDocz, a Peru-based collaborative education platform for university students, to share educational resources, with participation from Salkantay VC. Read more #VC Chromo Invest led a BRL9m (~USD1.7m) round for Civi, a Brazil-based hyperlocal security news platform, with participation from Canary and angels David Velez (Nubank) and Guilherme Bonifácio (iFood). Separately, Canary led a USD1.1m pre-seed round for Bendo, a Mexico-based inventory and sales management platform for small merchants, with participation from Seedstars and Angel Hub. Read more #VC Globant Ventures invested ~USD1m in Bunker DB, an Uruguay-based communications and marketing automation platform for SMEs. Read more #VCUpcoming Events & Trainings
| 11 OCT  | LAVCA Member Reception Tribeca 360 New York, NY Hosted by Advent International |
| 12-14 OCT | LAVCA Week Conference Conrad New York Downtown New York, NY Hosted by LAVCA |
LAVCA Research + Directories | ||
| ||
|
| Copyright © 2022, All rights reserved.  The Association for Private Capital Investment in Latin America 589 8th Avenue, 18th Floor New York, NY 10018 |
