AAT sold its stake to One Equity Partners.

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Tech, Media, & Telecom

Adfert was acquired by Indorama Corporation

The transaction strengthens the group’s geographic presence in the Brazilian fertilizer market.

Consolidating the presence in the Brazilian market, Adfert was acquired by Indorama Holdings Brasil, a Brazilian subsidiary of Indorama Corporation.

The closing of the acquisition is conditional on the fulfillment of the obligations and conditions precedent usual in this type of operation, including its submission for approval by the Administrative Council for Economic Defense – CADE, as applicable.

Adfert, based in Uberlândia, Minas Gerais, is a pioneer and one of the largest manufacturers of special fertilizer additives and crop nutrition solutions in the Brazilian market. Founded in 2009, Adfert has built a complementary and efficient portfolio of high technology and patent protected products for supply to fertilizer producers and agri distributors.

Indorama, based in Singapore, is a leading materials organization with wide interests in fertilizers, polymers, medical gloves, fiber, and yarns having 25 manufacturing sites in 8 countries.

The transaction, which was advised by igc partners, will expand Indorama’s presence in the agriculture market, through Adfert’s portfolio of innovative solutions of specialty additives and fertilizers.

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Adfert

Chemicals

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Advent

Consumer, retail, & education

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Atento

Business Services

Autopartners acquired Affinia Automotiva.

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Autopartners

Industrial

igc partners is proud to announce that it has advised Ayty Tech, software as a service company focused on Customer Experience and Digital Transformation, on its sale to Flex Relacionamentos Inteligentes, company from the same sector partially owned by Stratus Group private equity.

With the transaction, Ayty expects to capture commercial synergies through the cross selling of its products with Flex’s customer base, in addition to strengthening their service capacity, capital structure and corporate governance, providing even higher quality services to all of its clients in Brazil and Latin America.

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Ayty 

igc partners is proud to announce that it has advised BSN medical – an Essity company – in the total asset sale of Neve, a medical textile product manufacturer, to a group of investors.

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BSN Medical

Personal care & health

igc partners is proud to announce that it has advised Café Pacaembu, a traditional coffee roaster, on its sale to Massimo Zanetti Beverage Group, a global beverage company specialized in the roasted coffee segment.

Founded in 1957, with headquarters in Vargem Grande do Sul, São Paulo State, Café Pacaembu has one of the most modern coffee roasting plants in the market and was recently recognized as the best extra strong coffee in Brazil.

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Café Pacaembu

igc partners advised Café Pacaembu, a traditional coffee roaster, on its sale to Massimo Zanetti Beverage Group, a global beverage company specialized in the roasted coffee segment.

Founded in 1957, with headquarters in Vargem Grande do Sul, São Paulo State, Café Pacaembu has one of the most modern coffee roasting plants in the market and was recently recognized as the best extra strong coffee in Brazil.


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Agri

Cataratas do Iguaçu SA sold a majority stake to Advent.

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Cataratas do Iguaçu SA

Yes received investment from Aqua Capital.

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igc partners is proud to announce that it has advised Wolpac on the sale of 100% of its stake to the Italian group Faac.   

Headquartered in the State of São Paulo and founded in 1965, Wolpac is one of the access control market leaders in Brazil. The company manufactures access control equipment for transportation and security segments.

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Wolpac

Cecrisa sold a majority stake to Vinci Capital.

Cecrisa

Comdinheiro was acquired by Nelogica
 
Transaction boosts the development of new products for the Brazilian financial market.
 
A provider of solutions to the financial market, including individuals, banks, brokers and managers, Comdinheiro was acquired by Nelogica, a portfolio company of Crescera and Vulcan Capital.

Founded in 2012 for academic purposes, Comdinheiro currently serves over 600 clients. Through proprietary algorithms, the platform offers market data, investment simulations, portfolio consolidation and regulatory risk analysis. In addition, the company also provides special products customized for each client.
 
The acquisition of Comdinheiro, which was advised by igc partners, enables Nelogica to accelerate, potentialize and develop new customized tools for the Brazilian financial market. Furthermore, it will add an even stronger team coming from Comdinheiro.

Comdinheiro 

CPO is associated with the OncoClínicas do Brasil Group.

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Creme Mel sold equity stake to HIG Capital.

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Creme Mel

igc partners is proud to announce that it has advised Crescimentum, a consulting firm specialized in leadership training, organizational culture management, human development and coaching, on the execution of a strategic alliance with Cegos Idet International, a global player in the Learning & Development market, operating in over 50 countries.

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Crescimentum 

Dafra Motos and Itaú formed a strategic alliance.

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Dafra Motos

Dafruta sold an equity stake to Avanti Participações.

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Dafruta

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Dasa

Dasa acquired an equity stake in MD1 Group companies.

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Dasa & Diagnósticos MD1

igc partners is proud to announce that has advised Decora, 3D visualization and Augmented reality tech startup, in the sale of 100% of its shares to CreativeDrive, a global content creation company which operates over 150 production studios around the world.

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Decora

Ebba, parent company of Dafrutra, acquired Maguary, a subsidiary of Kraft Foods

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Ebba

igc partners is pleased to announce that it advised Economatica, a pioneer and reference Software as a Service (SaaS) company in the financial market data segment, in its transaction with TC Traders Club.

Founded in 1986, the company offers stock and fund data from the main economies in Latin America and the United States, covering more than 250 sectors, 5,000 companies, and 27,000 investment funds. Recognized for its deep data, indexes and high accuracy, the platform helps in the decision-making process for a broad client base, which includes Brazil's main financial institutions and universities.

The acquisition will enable TC's growth in the B2B segment and integrate with its B2C platform, delivering greater data accuracy for its customers.





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Economática 

Financial Services

**Ecotec Fumigation was acquired by Rentokil Initial**
 
_Transaction boosts the development of the cargo fumigation and pest control market in ports in Brazil and Argentina_
 
Provider of solutions in the fumigation and pest control market for over 20 years, Ecotec has been acquired by Rentokil Initial, a British group with global expertise in pest control.
 
Founded in 1998, the company operates in the main ports of Brazil and Argentina and is among the largest grain fumigation companies in the world.
 
The acquisition of Ecotec, which was advised by igc partners, consolidates the presence of Rentokil in Brazil, and allows entry into the Argentine market. The strategy also allows the buyer to expand its operations in the fumigation market in Brazil and leverage its global expertise in pest control, increasing its customer base and contributing to growth in Latin America.

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Ecotec

Eico sells the majority of its portfolio to Duty Cosméticos
 
Duty expects revenues of BRL 300 million for 2023

Eico, a well-known company in the beauty industry, concluded the sale of a majority stake to Duty Comésticos.
 
Since 2018, Eico has sought to innovate and develop professional, high-quality hair care products.

With the acquisition of a majority stake in Eico, which was advised by igc in the transaction, Duty's product portfolio, which had 115 items (SKUs), now stands at 300.

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Eico

igc partners is pleased to announce that it advised Conquer School, a reference edtech in Brazil in teaching new economy business, in the transaction with Wiser Educação, a company of the entrepreneur Flávio Augusto, and owner of brands such as Wise Up, Number One, meuSucesso.com, Power House and Buzz.

Founded in 2016, with 36 students in its first class, today Conquer has an online platform of courses in training, specializations, bootcamps and streaming. Since its founding, the Conquer School has served more than 300 companies in B2B and more than 1 million students in 80 countries and will now be part of a project that involves R$1 billion in acquisitions in the coming years.


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Escola Conquer 

Even and Melnick have formed a joint venture

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Even

Real Estate

Even received investment from Spinnaker Capital Group

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Even & Spinnaker

e-Vertical sells 55% of its shares to GPS Group
 
The transaction should boost the growth of current and new solutions offered by the company
 
e-Vertical is the leader in providing technology-driven operation, maintenance and installation services for property automation and electronic security to the most modern Corporate Buildings in São Paulo and Rio de Janeiro, as well as to Logistic Warehouses, Hospitals, Shopping Malls, Banks, Hotels, Schools, Cultural Institutions and Companies spread across Brazil and Latin America.
 
The transaction, which was advised by igc partners, will strengthen e-Vertical’s presence in the national market, who will then be able to offer its technology solutions, centered in boosting efficiency, to more than 3,100 customers of the GPS Group, and to complement its portfolio with the services from the various companies that are part of the GPS Group, thus increasing its customers’ service.
 
e-vertical's current partners and executives will remain in charge of the company's management.

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e-Vertical

Hypermarcas and Farmasa (FamíliaSamaja) completed the merger of its operations

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Farmasa

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Farmasa & Barrene

Farmasa sold equity stake to GP Investments

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Farmasa & GP Investimentos

igc partners is pleased to announce that it advised FGS Brasil, a manufacturer of HDPE (high density polyethylene) pipes and fittings for the sanitation, gas, mining and construction utilities markets, in the transaction with Georg Fischer, a global player offering water, chemical and gas transportation solutions for more than 33 countries.
 
Founded in 1997, FGS Brasil is the largest Brazilian manufacturer of HDPE pipes and fittings. Always investing in technologies and developing new products, FGS Brasil implemented in 2013 the largest and most modern plant for pipe extrusion, injection molding of connections, rotomolding and accessories in Polyethylene, Polypropylene and Metal Fittings. With national operations and manufacturing units in Cajamar - São Paulo and Recife - Pernambuco, FGS consolidates its growth in Brazil, with an area of 24,000m² and more than 10 extruder lines with diameters ranging from 20mm to 1600mm. 

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FGS 

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Fototica

Foxbit closed its Series A fundraising led by OK Group

With the support of the second largest cryptocurrency player in the world, Foxbit is uniquely positioned in Latin America, seeking to better serve its customers and expand its B2B market.
 
Foxbit was born in 2014 with the goal of developing a solid and credible market in Brazil for trading bitcoin and other digital assets. In 2021, it consolidated itself as one of the largest exchanges of Latin America with more than 20 billion reais traded so far and almost 1 million customers. Most recently, it expanded its business with new products and services aimed at the B2B and B2B2C market such as asset tokenization, crypto-as-a-service, and crypto payment methods.
 
The injection of capital into Foxbit's operation will help the company accelerate its mission to build a practical, simple and affordable future through the crypto economy, enabling anyone to invest in their financial independence, by increasing the product portfolio with new integrations, lowering service fees with more blockchain networks, increasing the speed of the platform and application, and developing robust and innovative solutions to support the growth of the B2B market and bring traditional players in Brazil closer to this new market.

The Series A funding that was advised by igc partners, gives Foxbit not only an investor, but also a great commercial and strategic ally, which will contribute to the business with extensive know-how to strengthen its infrastructure and liquidity to support the company's growth in its various business fronts.

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Foxbit

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Frango Assado

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Futuragro 

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Global Aviation

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Globalpack

igc partners advised Grão de Ouro Agronegócios, an agricultural input distribution company, in the transaction with Aqua Capital, a private equity fund focused on the agribusiness and food segment in Latin America.
 
Founded 15 years ago, Grão de Ouro is one of the main input distributors in Minas Gerais, serving more than 4 thousand rural producers, as well as input resellers through its wholesale unit, Grão de Ouro Insumos.

The association with Aqua Capital aims to strengthen and expand the regional activities of Grão de Ouro, taking advantage of the fund's positioning in this segment.

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Grão de Ouro 

igc partners advised AGP Group, an agricultural input distribution company, in the sale to Patria Investimentos, one of the largest alternative asset managers in Latin America. 
 
Founded in 2011, the AGP Group is one of the leading distributors of agricultural inputs in Mato Grosso.
 
With the transaction, AGP Group will integrate Patria's platform in Mato Grosso, acting jointly with Lavoro and Impacto in the region.

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Grupo AGP 

Services Group has been acquired by Webhelp
 
The transaction will strengthen Webhelp's technological resources and LATAM presence.
 
Consolidated as one of the main providers of Digital Customer Experience in Brazil, the Services Group has been acquired by Webhelp, a global leader in Customer Experience BPO.
 
With over 20 years of experience, the Services Group specializes in Customer Experience management and has an annual growth of about 30%. The group is known for having created the first 100% digital contact center in Brazil in 2016. Driven by its proprietary technology, Services Group has one of the most award-winning Artificial Intelligences in the market, as well as a widely recognized culture focused on delivering unique experiences to customers, employees, and consumers.
 
Webhelp is a global provider of customer experience and business solutions headquartered in France, operating 213 sites in 58 countries, with more than 110,000 employees worldwide. 
 
The acquisition of the Services Group, which was advised by igc partners, will drive Webhelp's growth, particularly in its digital CX capabilities, and expand its geographic footprint in a relevant and growing market.

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Grupo Services

igc partners is pleased to announce that it advised Grupo União in the merger with Grupo Fortbras.
 
Headquartered in Vitória, Espírito Santo state, Grupo União is a market leader in the distribution and retail of auto parts. With the transaction, Fortbras Group, which is controlled by the Advent International private equity fund, becomes the largest Brazilian distributor and retailer of auto parts.

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Grupo União

igc partners is pleased to announce that it has advised Vórtx, an infrastructure fintech for the financial market, in its Serie B round with FTV Capital, an US-based growth equity firm.   
 
Founded in 2015, Vórtx is a one-stop shop for fund managers, banks, brokers and corporations alike, bringing in agility and security for its client’s transactions. Vórtx develops all infrastructure behind the scenes, combining technology and automation to its comprehensive offering of services for fund administration and corporate operations.
 
Through the resources invested by FTV, Vórtx will be able to accelerate even more its growth rate by increasing its investments in technology and through new M&A’s.




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Vórtx

Growth in sight
 
Financial partnership drives expansion plans
 
Vitra Capital, one of the largest multi-family offices in Brazil, completed the merger with the digital platform Warren.
 
Vitra has more than BRL 12 billion in assets under management and serves as a wealth manager to high-net-worth families, in addition to perform wealth management and planning.
 
With the merger, Vitra’s partners will become Warren’s shareholders, and will have more than BRL 20 billion in assets under management. The partnership aims to double the volume next year, reaching BRL 40 billion in assets under management and providing high-tech solutions to its customers.

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Vitra 

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Vocal

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igc advised the transaction between Vórtx and Basement

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XP Inc. has acquired a minority stake in SVN Investimentos.
 
The agreement is the first under the new regulatory framework of the sector and solidifies SVN as the fifth-largest office associated with XP.
 
Founded in 2007, SVN currently has around R$20 billion under management, with 26,000 active clients and a team of 460 people. The company has offices in Maringá, Curitiba, Foz do Iguaçu, Londrina, Cascavel, Campo Grande, and São Paulo, and recently expanded its presence to the Northeast after merging with Bahia Partners, another office affiliated with XP.
 
The investment made by XP will enable SVN to strengthen its existing operations and invest in new sectors, such as the recently created M&A area. With the transaction, SVN expects to surpass the milestone of R$40 billion in assets under custody within the next 5 years.
 
igc partners served as the exclusive financial advisor to SVN Investimentos. This is the 16th financial services transaction for igc in the last 18 months.

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Incentivale was acquired by InComm Payments

InComm Payments acquires Incentivale and strengthens its presence in the Brazilian gift card market.

A B2B market leader in gift card sales, Incentivale offers a wide range of brands through its proprietary marketplace.


With more than 3,000 active customers, Incentivale enables a customization of incentive and retention campaigns for its customers, ranging from small and medium-sized enterprises to the largest corporations in the country.

With the acquisition, InComm Payments strengthens its product and service offerings  for brands, from payment processing to the sale and distribution of gift cards.

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Incentivale

Conexamerica concluded the issuance of a CRI to finance the construction of photovoltaic plants

The financed plants will have a capacity of 3.8 megawatt-peak (MWp)

Conexamerica specializes in providing economically attractive green energy services to commercial clients with the goal of establishing a sustainable environment. The group currently operates a 0.3MWp power solar plant and has an extensive pipeline of new projects.

The proceeds from this issuance, which marked Conexamerica's entry into the capital markets, will fully finance over a 15-year period the construction of seven new photovoltaic power plants with a combined installed capacity of 3.5MWp.
 

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Conexamérica

Bunzl and CT Group formed a strategic alliance

The transaction will strengthen Bunzl's presence in Brazil and expand its portfolio with surgical and medical devices.

CT Group, a leading distributor of surgical and medical devices in Brazil, has been invested in by Bunzl plc, the specialist international distribution and services Group.

Founded in 1997, CT Group is a national leader in the surgical and medical device market in Brazil, with a focus on neurosurgery and spinal area. CT Group connects exclusive and premium manufacturers with a wide range of hospitals and insurance companies throughout the country. The company has built a strong reputation for delivering innovative and high-quality medical devices, ensuring reliable supply and specialized logistics to meet the industry's demands. 

Bunzl plc is the global leader in value-added distribution and continues to expand its operations in over 30 countries across the Americas, Europe, Asia Pacific, and the UK & Ireland. With a workforce exceeding 20,000 employees worldwide, the company is aleading player in the distribution of healthcare, hygiene, safety, grocery, and food service products.

The investment in CT Group, which was advised by igc partners, will boost Bunzl’s growth in Brazil in the medical devices segment, in addition to expanding its geographic presence in the health market.

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CT Group

The private equity funds GEF and Signal acquired a minority stake in GR Química

The operation stands out as one of the first private equity transactions in the chemical distribution segment in Brazil.

Founded in 1999, GR Química provides chemical solutions for water treatment and industrial effluents, being one of the leading gas chlorine packagers in the country and one of the largest sodium hypochlorite producers. The company operates in 5 locations in São Paulo, Minas Gerais, and Santa Catarina, covering most Brazilian states and exporting to Paraguay and Peru.

The R$120 million investment, mainly cash-in, from the global private equity firm GEF Capital and Signal Capital, for a minority stake, will allow GR Química to accelerate its geographic expansion plan and inorganic growth.

igc partners acted as the exclusive financial advisor to GR Química, consolidating its position as a leading financial advisory firm in the chemical sector in Latin America

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GR Química

Plury Química was acquired by Manuchar

The transaction will strengthen Manuchar’s presence in the human nutrition market in Brazil.

Plury Química, a leading supplier of specialty chemicals and ingredients to the Human Nutrition and Beverage industries, has been acquired by Manuchar, a leading global distributor of chemicals.

Founded in 1989, Plury Química has become a leading specialty and ingredient importer in Brazil, serving a diverse range of customers in Brazil's food and beverage industry with decades of relationships. Headquartered in Diadema, in the State of São Paulo, and with a branch in Paraíba, Plury Química has established itself in the market with a reputation for quality products, reliability of supply and customized services for its customers.

Headquartered in Belgium, Manuchar is a global leader in chemical distribution and employs 2,500 people worldwide. Today Manuchar operates a local distribution network for chemical products in North America, Latin America, Africa, Europe, the Middle East and Asia. In Brazil, Manuchar has been present since 1993 and serves the entire country with 450 employees. 

The acquisition of Plury Química, which was advised by igc partners, will boost Manuchar's growth in Brazil in the human nutrition segment, in addition to expanding its geographic presence in the consolidating market for chemical distribution.

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Plury Química

IT Services

MOVE3 Group and Sequoia Logística e Transporte (SEQL3) have merged their operations.

The agreement marks the creation of the largest private small package delivery company in Brazil.

MOVE3 Group was a pioneer in creating a logistical ecosystem that aims to provide technological solutions for fast and efficient deliveries through its network of companies that handle the entire logistics process of deliveries and product storage.

Sequoia (SEQL3) is a publicly traded company on the Brazilian stock exchange specializing in small package transportation and logistics solutions.

The deal comes amidst Sequoia's financial restructuring, leveraging the combined company's operation and creating a market-leading private entity, with a strong focus on automation and process efficiency.

igc partners acted as the exclusive financial advisor to MOVE3 Group in the transaction with Sequoia Logística e Transporte (SEQL3).

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Move3

Buson merges with Busbud

Buson and Busbud join forces to become the largest marketplace for bus tickets in the Americas.

Buson, a leading bus booking marketplace in Brazil, is joining forces with Busbud, a global ground travel booking platform, to become the major player in the Americas.

In 2023, Buson sold three times more tickets than in the pre-pandemic scenario, reaching a total of 120 million tickets sold. The company also boasts partnerships with over 300 bus companies and offers more than 70,000 travel routes.

The merger aims to strengthen products and solutions, enhance customer experience, and leverage technology for the benefit of partner bus companies, thereby increasing operational efficiency across the sector.

Buson was advised by igc partners in the transaction.

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Buson

The Rede Monte Carlo has completed the raising of R$ 100,000,000.00 through the issuance of a CRA.
 
The company consolidated its position in the road segment and reached a total of 63 gas stations.
 
Rede Monte Carlo is one of the main players in the roadside retail segment in Brazil, operating since 1975. It has 63 units spread across São Paulo, Paraná and Santa Catarina, with gas stations and highway malls. 
 
The group has been growing fast: it has doubled the number of units in the last 3 years and has a significant pipeline contracted for the next few. At the same time, it has taken important governance steps, such as implementing a board of directors, audited balance sheets and access to the capital markets.

This CRA has made it possible to better balance the group's capital structure, with long terms and a series of flexibilities so that it can continue to grow rapidly and sustainably.

igc partners structured the operation and acted as exclusive financial advisor to Rede Monte Carlo.

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Rede Monte Carlo

Dura Software has acquired Publicações Online and PROMAD.

The transaction marks Dura Software’s entry into the legaltech segment in Brazil.

PROMAD was a pioneer in providing management software for small and medium-sized law firms and individual lawyers. Publicações Online focuses on providing management solutions and data for subpoenas, distributions, and procedural movements to leading legal departments and law firms in Brazil.

Dura Software is a serial buyer that acquires and manages niche and durable software, headquartered in Texas, USA.

The transaction will boost the development of new products and the commercial expansion of PROMAD and Publicações Online.

igc partners acted as the exclusive financial advisor to Publicações Online and PROMAD in the transaction with Dura Software.

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Publicações Online

Adfert was acquired by Indorama Corporation

The transaction strengthens the group’s geographic presence in the Brazilian fertilizer market.

Consolidating the presence in the Brazilian market, Adfert was acquired by Indorama Holdings Brasil, a Brazilian subsidiary of Indorama Corporation.

Adfert, based in Uberlândia, Minas Gerais, is a pioneer and one of the largest manufacturers of special fertilizer additives and crop nutrition solutions in the Brazilian market. Founded in 2009, Adfert has built a complementary and efficient portfolio of high technology and patent protected products for supply to fertilizer producers and agri distributors.

Indorama, based in Singapore, is a leading materials organization with wide interests in fertilizers, polymers, medical gloves, fiber, and yarns having 25 manufacturing sites in 8 countries.

The transaction, which was advised by igc partners, will expand Indorama’s presence in the agriculture market, through Adfert’s portfolio of innovative solutions of specialty additives and fertilizers.

BX Blue was acquired by PicPay

PicPay acquires BX Blue and adds another service to its financial vertical.
 
BX Blue offers payroll loans for public sector employees, retirees, and INSS pensioners through its marketplace.
 
With over 1 million registered customers and over BRL 2.4 billion in processed contracts, BX Blue has technology, intelligence, and partners on an extremely secure digital platform.
 
With the acquisition, PicPay enters the payroll loans credit market with enormous scaling potential.

BX Blue was advised by igc partners in the transaction.

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BxBlue

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Arinos 

**Bio Rural was acquired by Nutrien**

_The transaction aims to consolidate Nutrien’s presence in Brazil_
 
Bio Rural, a distributor of agricultural inputs, completed its sale to Nutrien, the world’s largest distributor of agricultural inputs with verticalized operations in seeds, crop nutrition and protection.
 
Founded in 1997, Bio Rural is currently the largest distributor of agricultural inputs in Mato Grosso do Sul, with 9 stores in the central-south region of the state, serving more than a thousand rural producers in soybean and corn crops.
 
Nutrien is present in 14 countries and 3 continents, bringing together around 2 thousand distribution facilities, which serve more than half a million producers. Currently, Nutrien has the world’s largest network in agricultural solutions, the company has the support of more than 22 thousand employees.
 
The acquisition of Bio Rural, which was advised by igc partners in the transaction, aims to consolidate Nutrien’s presence in Brazil, reinforcing its expansion in the country.

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Bio Rural 

Caif was acquired by Caldic
 
The transaction will expand Caldic’s presence in the naturally sourced solutions market in North America
 
Caif, a supplier of premium, naturally sourced ingredient solutions, was acquired by Caldic, an Advent-invested company, which is one of the global leaders in the specialty ingredients market. 
 
Founded in 2016 and headquartered in South Carolina, United States, Caif offers sourcing, customized production, and distribution of natural ingredients for the food & beverage, dietary supplement, and pet industries. By having a strong presence throughout the production chain, Caif guarantees its clients get the products with the desired mix of ingredients that best fits their own requests. 
 
The transaction, which was advised on the sell-side by igc partners, will significantly strengthen Caldic’s value-add product and services range for the dietary supplements and nutrition industry and enable further expansion in North America, specifically in the US.

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Caif

CPQ shareholders sold majority stake to Standard Bank.

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igc partners is pleased to announce that it has advised CRM & Bonus, the largest full service giftback platform in Brazil, in its Series A round led by SoftBank and Riverwood with participation from Igah Ventures and Volpe Capital.
 
Founded in 2018, CRM&Bonus aims to solve the problem of retailers who weren’t able to measure the benefits of the paper coupon delivered to their customers, digitalizing old processes and increasing its sales and profitability. The company has more than five hundred brands as clients with operations in more than ten thousand points of sales in Brazil and abroad.
 
The company plans to use the proceeds from its Series A to leverage its growth rate in Brazil, while accelerating its international expansion to Latin America, Europe and the United States.


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CRM&Bonus

igc partners advised Ferrari Zagatto, an agricultural input distribution company, in the transaction with AgroGalaxy, one of the largest agricultural input distribution platforms in Brazil.

Founded in 1988, Ferrari Zagatto is currently one of the largest agricultural input distributors in the northwest of the state of Paraná, with 14 input stores and 9 grain units, serving more than 2,700 rural producers.

The acquisition by AgroGalaxy aims to strengthen the company's presence in the southern region of Brazil, thus reinforcing its leadership position in the national agricultural retail market.


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Ferrari Zagatto

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Aldo

Grupo Boticário announces the acquisition of Truss
 
The transaction accelerates the growth agenda while reinforcing Grupo Boticário's multichannel and multibrand strategy
 
Grupo Boticário announces the acquisition of Truss Professional, a national brand leader in the hair care segment, highly consumed in beauty salons around the world. The brand is successful in more than 50 countries, with high standards formulations in their products, always innovating in the professional market.
 
Founded in 2003, Truss is recognized for providing safety and high performance in procedures performed inside salons, due to highly concentrated formulations, with technological and vegan ingredients. Operating mostly through franchises, the brand has established itself among beauty professionals, with a strong DNA in education. Recently, the group inaugurated the largest and most modern international academy for professional hairdressers in the world, located in the state of São Paulo. In the last two years, the group launched two new business units: the Hair Spa by Truss, which provides exclusive experiences and treatments within licensed beauty salons, and La Moda, a brand focused on the pharma and food channels.

In recent years, Grupo Boticário has made a series of investments and relevant movements in an attempt to serve the entire ecosystem of channels in the beauty market. With the acquisition of Truss, the strategy is to reach the professional segment, which in Brazil alone has approximately 790,000 professional hairdressers.1
 
The operation, advised by igc partners on the sell-side, accelerates the growth agenda of one of the largest business groups in Brazil and, at the same time, reinforces Grupo Boticário's multichannel and multibrand strategy. The agreement is enshrined as one of the main operations in the Brazilian beauty market formed from the union of two national companies.

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Truss

A Geradora was acquired by Loxam

The operation stood out as one of the largest equipment rental company transactions in recent years.

A Geradora, established in 1989, is a leading company in Brazil's power generation rental market. With a strong fleet of high-quality equipment focused on backup and off-grid power solutions, A Geradora operates through 15 branches strategically located across the country. The company has a diverse customer base spanning various industries and employs approximately 650 individuals, with its headquarters in Salvador, Bahia.

This acquisition solidifies Loxam's position in the Brazilian equipment rental market. Together, these operations are expected to generate combined pro-forma revenue of BRL 450m (approximately EUR 85 million) for Loxam in Brazil in 2022. With a consolidated network of 42 branches nationwide, Loxam will have an extensive reach and improved proximity to customers.

The completion of the transaction is contingent upon the fulfillment of specific conditions and is anticipated to occur in the upcoming weeks.

IGC Partners served as the exclusive financial advisor for A Geradora's second transaction, which followed the first in 2010, when the private equity fund Angra Partners joined the company.

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A Geradora 3

Fertsan has concluded the issuance of a CPR-F, a credit instrument focused on agribusiness.

The funds will boost the company's growth.

Fertsan is a Ceará-based company developed from over 25 years of biotechnology research. It is focused on the physiological biostimulants segment of plants, using natural and environmentally friendly ingredients. The company offers products for Brazil's major agricultural crops, such as soybeans, corn, cotton, wheat, and sugarcane, among others.

Through proprietary technology and formulation based on marine-sourced biopolymers and nanotechnology, Fertsan's products deliver numerous benefits to farmers. These include increasing the plants' natural resistance to diseases and water stress, as well as significantly enhancing productivity. The efficacy of their products has been proven by renowned research centers in Brazil and dozens of customers, including some of the country's largest agricultural producers.

The CPR-F provides customized long-term funding, with a full grace period for the first 12 months. This will enable Fertsan to invest, refinance short-term debt, and accelerate its growth.

The operation was structured by igc partners, which also acted as financial advisor to Fertsan.

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Fertsan

Agrosepac concluded the issuance of a CRA (R$ 53,000,000.00)

The funding will finance the expansion of its verticalization project and the working capital needed for growth in the coming years.

Agrosepac Group is a vertically integrated agribusiness in the pine wood sector, founded 60 years ago in the city of Mallet, Paraná, Brazil. It owns 6,000 hectares of pine-producing land that supports its various operations, including the sale of raw wood, wood sawing, and the production of knotless plywood sheets. Currently, 90% of the group's sales are destined for export.

The group's verticalization plan was initiated in 2018, and the resources from the CRA (Agribusiness Receivables Certificate) will finance its third phase, which involves the construction of a factory to transform wood manufacturing residues into biomass (pellets). Additionally, it aims to reinforce working capital and refinance short-term debts with this new six-year bond.

The operation was structured by igc partners, which also acted as financial advisor to Agrosepac.

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