Our Transactions
Recent Transactions
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Magnetis
Seneca Evercore acted as the exclusive financial advisor to Magnetis on the sale of the company to BTG Pactual (B3: BPAC11).
Magnetis is a leading Brazilian WealthTech investment platform that delivers investment solutions to a wide range of investors in a tech-automated and highly scalable platform. Its seamless user experience and outstanding historical investment returns lead to low churn, translating into attractive unit economics. Through its machine learning algorithms and seasoned investment team, the software decides the optimal asset allocation for clients based on their individual goals and risk profiles. Additionally, Magnetis is strategically positioned in a fast expanding, still highly concentrated, and promising market. The company’s investor base was comprised of Luciano Tavares (founder & CEO), VEF, Redpoint Ventures, SaaSholic, Monashees and Julius Baer.
Media: Magnetis
Arco Educação
Seneca Evercore is acting as financial advisor to the Special Committee of the Board of Directors of Arco Educação (NASDAQ: ARCE) in the context of take-private offer by General Atlantic and Dragoneer Investment Group.
The transaction considers a price of USD 14.00 per share, representing a 55% premium over the closing price on November 30, 2022, the last trading day before the Company received the first take-private proposal, and equivalent to an Enterprise Value of USD 1.5 billion.
As a result of the transaction, with closing expected between 4Q23 and 1Q24, Arco Educação will be delisted from NASDAQ and become a privately held company.
Closing of the transaction is subject to compliance with certain conditions precedent, including approval by the Brazilian antitrust authority (Conselho Administrativo de Defesa Econômica – CADE).
Media: Magnetis
Itajubá Investimentos
Our team acted as financial advisor for Evertec, Inc. (NYSE: EVTC) in the acquisition of Sinqia S.A. (B3: SQIA3).
Evertec, a leader in full-service transaction processing and financial technology, operates in 26 countries across Latin America and the Caribbean, offers a wide range of services in acquiring, payment processing, and business solutions.
The acquisition strengthens Evertec's strategy in diversification and M&A, that sets a transformational moment in the Brazilian technology industry, by creating a leading platform for payment solutions, positioning Evertec as the #1 market share leader in the software for financial services segment.
Media: Evertec
Itajubá Investimentos
Our team advised a group of shareholders in the restructuring agreement of Itajubá Investimentos.
Founded in 2007, Itajubá is a pioneer in the segment of independent distribution of alternative investments in Brazil. The Company has distributed BRL 40+ bn in alternative investments to institutional investors, including pension funds, insurance companies, family offices, wealth managers and asset managers.
Media: Itajubá Investimentos
Itajubá Investimentos
Our team advised a group of shareholders in the restructuring agreement of Itajubá Investimentos.
Founded in 2007, Itajubá is a pioneer in the segment of independent distribution of alternative investments in Brazil. The Company has distributed BRL 40+ bn in alternative investments to institutional investors, including pension funds, insurance companies, family offices, wealth managers and asset managers.
Media: Itajubá Investimentos
Itajubá Investimentos
Our team advised a group of shareholders in the restructuring agreement of Itajubá Investimentos.
Founded in 2007, Itajubá is a pioneer in the segment of independent distribution of alternative investments in Brazil. The Company has distributed BRL 40+ bn in alternative investments to institutional investors, including pension funds, insurance companies, family offices, wealth managers and asset managers.
Media: Itajubá Investimentos
B3 and Neurotech
Our time was the exclusive financial advisor to B3 in the acquisition of 100% of Neurotech, a leading technology company specialized in creating systems and solutions using artificial intelligence, machine learning, and big data to support decision-making processes that require the analysis of large amounts of unstructured information in credit management, risk reduction, fraud prevention, and sales and marketing.
B3 is one of the world's largest capital markets infrastructure companies, managing trading, clearing, settlement and registration systems for all major types of securities.
The acquisition of Neurotech is an important driver of B3's strategy in the data and analytics business, complementing the offering of data solutions in the credit, risk and insurance verticals.
Jasmine
Our team was the exclusive financial advisor of Nutrition & Santé in the sale of Jasmine Alimentos to M. Dias Branco.
With over 30 years of history, Jasmine is a major reference in products focused on health in Brazil. Focused on innovation and nutrition, it offers over 140 SKUs in wholefoods, organic, gluten-free, lactose-free and zero sugar.
The brand is also a leader in the segments of granolas, gluten-free breads and whole grain cookies.
Media: JASMINE Alimentos
Ourinvest
Our team was the exclusive financial advisor to Ourinvest Real Estate Holding Ltda in the sale of its controlling stake to Fator Capital.
Ourinvest Real Estate is an integrated platform of financial-real estate solutions, specialized in third-party asset management and securitization of receivables.
The merger with Fator Capital will create Fator ORE Real Estate, a management company with R$5.2 billion of AUM between real estate, agribusiness and credit investment funds.
Media: Banco Ourinvest
jive
Our team was exclusive financial advisor to Jive in the investment round led by XP.
Jive is a pioneer and leader in alternative investments in the country, with a fully integrated alternative asset management platform.
Its platform originates, structures, manages and administers investments primarily in non-performing loan (NPL) portfolios, credit rights and distressed properties.
The Company has R$8 billion under management and R$21 billion in face value of its assets.
Media: https://www.jiveinvestments.com/assets/img/parallax/maior-investidor.jpg
Perfin
Our team was exclusive financial advisor in Perfin's strategic partnership with BTG Pactual.
Perfin is an investment manager with approximately R$20 billion in assets under management, operating through its Wealth Management and Asset Management segments with funds focused on Infrastructure and Equities.
Mount Bravo
Our team was the exclusive financial advisor in the sale of a 45% stake in Monte Bravo to XP.
Monte Bravo is among the largest Independent Financial Advisors (IFA) offices in Brazil, with more than R$18 billion under advisory, focused on eliminating barriers in investments and potentializing gains for its clients.
Case
Our team was the financial advisor to Grupo Case Benefícios e Seguros and iTech Care in the sale to Dasa.
The Case Group and iTech Care are strategic partners of companies, carriers and insurers, bringing expertise in integrated solutions for health management, and combining technology, medical intelligence and extensive experience in the B2B segment.
supplier
Our team advised Supplier, the largest credit provider fintech in Brazil and the pioneer in supply-chain financing, and its shareholders (founders, Patria Investments - private equity, and the Ourinvest Group) on the sale of a controlling stake to Totvs. The transaction fits with Totvs strategy to develop operations in new segments and to simplify the access of its clients to credit and other financial services.
Ourinvest DTVM
Our team advised the shareholders and founders of Ourinvest DTVM on the sale of a 80% stake to BTG Pactual. Ourinvest DTVM is a securities broker, focused on high net worth individuals, well known in the market for its exclusive distribution capacity. The transaction is part of BTG Pactual’s strategy to build a digital bank, significantly increasing its scale and client base.
