Ambitious Brazilian firm Madrona Advogados has recruited a partner to boost its capital markets team, concluding a hiring spree that has seen it more than double its size since its 2015 launch.
Some 45 Latin American and international law firms have helped the region’s companies raise more than US$13.4 billion through 41 equity capital markets transactions during the first six months of 2019, according to Latin Lawyer’s latest research.
As Brazil’s tax reform looms large, Madrona Advogados has reinforced its team by hiring a partner from Machado Meyer Advogados.
Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados and BMA - Barbosa, Müssnich, Aragão have helped US private equity Advent International purchase a minority stake in Brazilian digital solutions company CI&T.
Some 107 Latin American and international law firms have helped companies in the region raise nearly US$90 billion through 367 debt capital markets deals between January and June of this year, according to Latin Lawyer's data.
Latin Lawyer recorded 109 debt transactions in Brazil between May and June, worth a combined US$19.9 billion
Brazilian health insurance company Hapvida Group has hired Madrona Advogados to buy counterpart Grupo América for 426 million reais (US$110 million).
Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados has helped US private equity company Warburg Pincus acquire an indirect stake in São Paulo telecoms company Americanet.
Madrona Advogados has helped healthcare insurance provider Hapvida acquire counterpart Grupo São Francisco for 5 billion reais (US$1.25 billion).
In its quest to build full-service capacity, Madrona Advogados has recruited a competition and compliance partner from Tauil & Chequer Advogados in association with Mayer Brown.