Topic: Start-up companies

Deal of the Year Winner: Private M&A

Featured in 15th Annual Awards

Uber completed its US$459 million acquisition of Chilean grocery delivery start-up Cornershop after more than a year of back and forth with local regulators amid the covid-19 pandemic. The acquisition faced regulatory challenges in Chile and Mexico, while the substantial price tag for a controlling stake in a Latin American start-up also stands out. The deal is our private M&A Deal of the Year.

21 May 2021

Havaianas-owner buys tech start-up in Brazil

Pinheiro Neto Advogados has advised Brazil’s Alpargatas, the owner of popular flip flop brand Havaianas, in its purchase of local tech start-up Ioasys Desenvolvimento.

18 May 2021

Locaweb boosts open banking capabilities with double fintech buy

Brazilian internet services company Locaweb has hired Tauil & Chequer Advogados in association with Mayer Brown to acquire two technology start-ups.

29 April 2021

Banco Modal boosts data analysis offering with fintech buys

Brazil’s Souza, Mello e Torres has helped local finance group Banco Modal acquire two data intelligence start-ups to bolster its digital banking services.

27 April 2021

Magazine Luiza leverages super app status, buys three start-ups

Brazilian firms TozziniFreire Advogados and Machado Meyer Advogados have helped Brazilian retailer Magazine Luiza acquire two local food delivery start-ups and an e-commerce technology platform in a series of acquisitions.

26 April 2021

Bruchou and Marval O'Farrell in education tech funding round

Bruchou, Fernández Madero & Lombardi has helped Argentine education tech company Digital House raise US$50 million in a new funding round.

22 April 2021

Morrison & Foerster helps LatAm start-up raise US$80 million

Morrison & Foerster in New York and Miami has helped Cayman Islands-based finance start-up Volpe Capital raise US$80 million in the first financing round for the group’s private equity fund, which is focused on Latin American tech investments.

31 March 2021

BMA steers Brazilian fintech investment

BMA - Barbosa, Müssnich, Aragão has helped Brazilian fintech Vórtx raise US$35 million in a Series B funding round led by US technology investor FTV Capital.

31 March 2021

Lefosse sets up Porto Seguro investment fund

Lefosse Advogados has helped Brazilian insurance group Porto Seguro structure an investment fund and complete the fund's first acquisition, snapping up a majority stake in digital brokerage company Segfy.

08 February 2021

Winston & Strawn and Guyer & Regules star in US car dealer acquisition

US firm Winston & Strawn LLP and Guyer & Regules in Montevideo have helped US digital car sales platform KAR Global acquire local used car start-up BacklotCars for US$425 million, handing it assets in Uruguay.

19 November 2020

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