Our transactions

igc partners is pleased to announce that it has advised Oobj, a Goiânia/GO based SaaS company that offers a platform for electronic tax documents, including issuance and capture of electronic documents, for small, medium and large companies in Brazil. Brazil was one of the first countries to adopt the electronic invoice in the world, and Oobj was one of the pioneers in the country back in 2007.Headquartered in Durham, NC, Avalara is a leading cloud-based tax compliance automation software company. Avalara employs more than 4,700 people worldwide and serves more than 41,000 customers in 75+ countries. Avalara has in its portfolio solutions for tax calculation and determination, ancillary obligations at the federal, state and municipal levels, BPO services, among others.By combining forces with Oobj, Avalara will further strengthen its position as a provider of the issuance and receipt of electronic documents and tax compliance services in Brazil and in the Latin American market.

Founded in 2017, Aoop has a comprehensive portfolio, covering all ServiceNow verticals and serving clients from various sectors with a focus on accelerating automated digital strategies.​With a strategy focused on driving the future of organizations and providing comprehensive services throughout the entire lifecycle, Aoop has accumulated approximately 2,500 digital transformation projects and boasts over 300 certified professionals in ServiceNow solutions. This expertise has enabled the company to become an Elite Partner of ServiceNow in record time. Continuous commitment to excellence and the delivery of innovative solutions have established Aoop as a reference in the market, integrating intelligent efficiency throughout the production chain.​The complete consummation of the transaction still depends on the approval of the Administrative Council for Economic Defense (CADE).

Founded in 1976, Sense Eletrônica has become a leading name in factory and process automation sensors across Latin America, with strong product design and engineering capabilities, exceptional customer service, and close relationships with over 2,000 clients. The acquisition of Sense strengthens TE Connectivity's strategy in the industrial automation market. With sensors playing an increasingly critical role in industrial operations, TE expands its portfolio itself as a provider of choice in the industrial automation market, accelerating local business growth in Brazil and enabling the expansion of Sense's robust portfolio to the rest of the world.

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A.Azevedo Óleos sold majority stake to Oleon, a Groupe Avril subsidiary. igc partners is pleased to announce that it has advised A.Azevedo Óleos, a pioneering company in the production of oleochemicals and a reference in the Brazilian castor oilmarket, in the sale transaction to Oleon, an Avril company and European leader in oleochemicals, transforming vegetable oils and animal fats into fatty acids, glycerin, dimers, esters and other specialties. Founded in 1965, A.Azevedo Óleosis a family-owned business and a leader in the castor oil industry in Brazil. The company is recognized for its expertise in the extraction, industrialization, commercialization, and distribution of oleochemicals from various seeds. With a team of 250 employees, the company has become a benchmark for serving its more than 2,000 customers with quality and efficiency, offering a versatile, high-value-added, and 100% green portfolio. The acquisition of A.Azevedo Óleos by Oleon marks a transformational moment for the company and is aligned with the multinational's long-term sustainable growth plan.

Founded in 1987 in Rio de Janeiro, Plastlabor has distinguished itself over the years as one of the leading suppliers of laboratory and scientific products for microbiological analyses in Brazil. With a comprehensive portfolio that includes ready-to-use culture media, disposable products, biosafety items, swabs, and laboratory accessories, the company has consolidated its market position, serving over 1,200 clients in laboratories, hospitals, food industries, and more. The acquisition by Solabia reinforces the group's strategy to expand its presence in the Brazilian market and strengthen its offering of solutions for microbiological investigations and the maintenance and transport of biological material. With this transaction, Solabia aims to integrate Plastlabor's capabilities with its own advanced technologies, creating synergies with its current subsidiary Laborclin, which will further benefit its clients and partners.

This transaction marks BOND’s first investment in Brazil. Founded in 2018, CRMBonus has evolved from a retail cashback solution to a sophisticated customer relationship platform that uses a large set of data and AI to transform every interaction with customers into more results for the business and more value for consumers.​​CRMBonus serves large companies such as Vivo, Azul, and Safrapay, as well as nationally recognized retailers such as Vivara and Arezzo&Co. The company's solutions are adopted by nearly 3,000 brands throughout Brazil.The fundraise aims to further leverage the development of the ecosystem and its technology, consolidating new data-driven products and driving CRMBonus's operation further.

Founded in 1999 in Brazil, Oligo Basics developed an innovative portfolio of feed additives based on natural ingredients (Functional Oils) for animal health and nutrition, addressing the growing global concern for antimicrobial resistance to antibiotics.​​Present in 14 Brazilian states, the United States, Taiwan, Chile, Bolivia, and Peru, the Company manufactures and distributes its products with proven effects, driving animal feed efficiency improvements for multiple species, including poultry, swine, and cattle.Headquartered in Berchem, Belgium, Innovad Group is a global supplier of animal health and nutrition solutions, with sales to over 75 countries and production facilities in Belgium and Italy.Innovad is majority-owned by IK Partners, a leading European private equity firm with an established presence of over 30 years and significant experience investing in the broader animal health industry.The acquisition will allow Innovad to gain a strong foothold in the Brazilian and broader LatAm markets. Meanwhile, Innovad’s global footprint will help accelerate Oligo Basics’s global sales, especially in North America. The combined technical and innovative capabilities shall yield further synergies.

Founded in 2015 within the FLAGCX ecosystem, Soko has been in the spotlight as one of Brazil’s top independent advertising agencies by SCOPEN for its excellence in innovation and creativity. Throughout the years, the company has delivered creative campaigns for global blue-chip clients that have been recognized across several international awards, including at Cannes Lions, The One Show, The Clio Awards, The Effies, and Fast Company.With its deep creative expertise and data-backed development of campaigns and content, Soko will become part of Droga5, strengthening Accenture´s global creative agency relevance in Brazil. With the transaction, Soko´s innovative track record in earned media will be a strategic addition in the region to Accenture Song, the consultancy´s tech-powered marketing division.The transaction is one of the largest made by Accenture in Latin America.

As one of Brazil's market leaders in its niche, Indicium delivers tailor-made solutions in data science, analytics, and artificial intelligence for global blue-chip clients, employing specialized teams, unique methodologies, and modern technologies.With the transaction, Indicium secures new capital to enhance its tech capabilities and footprint in Brazil. Furthermore, the company launches its operations in North America, strengthening its relationships with global clients and boosting its international growth.​With over 30 years of experience in tech investing, this transaction marks Columbia Capital's first investment in Brazil.

LiveMode raised a funding round with General Atlantic and XP Private Equity The agreement results in one of the largest transactions in the sports sector in Latin America. LiveMode has led the development of a new sports ecosystem in Brazil. The company offers a comprehensive range of business, media, and technology solutions for rights holders, with a proven track record of revenue growth for sports entities in the digital era. Additionally, LiveMode owns a proprietary sports broadcasting platform, in collaboration with one of Brazil's premier digital influencers. CazéTV has achieved record online viewership, especially during events such as the FIFA World Cup and Campeonato Paulista. The fundraising effort aims to solidify LiveMode's position as a holding company for stakes in sports entities, using the company's business expertise to develop the market in Brazil and Latin globally. igc partners acted as the exclusive financial advisor to LiveMode in the transaction with General Atlantic and XP Private Equity.

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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.

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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Skala Cosmetics secures majority investment from Advent International Skala Cosmetics, the leading hair treatment creams company in Brazil, has received a majority investment from private equity firm Advent International. Established in 1986, Skala Cosmetics brand is a leader in hair treatment creams in Brazil and the fourth largest haircare brand in the country. The company boasts a portfolio of 155 products, with nearly 90% focused on hair care, including lines for hair restoration and styling creams. Internationally, Skala is present in over 40 countries, with its main markets in Latin America. Advent International is one of the largest global private equity investment firms. Over the past 25 years, Advent funds have invested over $7 billion in 70 companies in Latin America. In the consumer and retail sectors, they have invested $15 billion globally in over 85 companies, 24 of which are in Latin America. The investment in Skala Cosmetics, advised by igc partners, marks Advent International's inaugural investment in the cosmetics sector in Brazil. This investment aims to increase the company's production capacity, strengthen Skala's distribution, and enhance its international expansion efforts.

Iteris was acquired by Globant

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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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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.

Bunzl acquires stake in Lanlimp Group The transaction stands out as one of the largest deals in the cleaning and hygiene products distribution segment in recent years. Founded in 1994, in Barra Mansa/RJ, Lanlimp Group is a leading company in the distribution of cleaning and hygiene products, attending over 1,500 clients in more than 13,000 points across all regions of Brazil, including cleaning service providers, hospitals and clinics, foodservice, among others. The Company has its operational base in Rio de Janeiro and a distribution center in São Paulo. Bunzl, a UK-based multinational specialized in distribution and services internationally, employs over 22,000 people, has a revenue of more than USD 15 billion worldwide, and operates across various regions including North America, Latin America, Europe, Asia and Oceania, as well as the UK and Ireland. The transaction between Bunzl and Lanlimp Group aims to strengthen the multinational's operations in cleaning and hygiene solutions in Brazil, while Lanlimp, under the leadership of its current shareholders, will enhance its national relevance and reinforce its presence with new clients and economic segments. The conclusion of the transaction is subject to the fulfillment of certain conditions. igc partners, which served as the exclusive financial advisor for Lanlimp Group, enhances its sector expertise and global coverage, with over 50% of its transactions concluded involving international investors.

Shell acquires Prime Group Founded in 2010, Grupo Prime, composed by the companies Prime Energy, Exata Energia, Ativa Energia and Arion Energia, two trading companies and a consulting company in the management of the Free Energy Market and GD (distributed generation), as well as a company focused on energy efficiency. Shell Brasil Renewables & Energy Solutions Ltda, a Shell Group company, has signed a commercial agreement to acquire Grupo Prime. The transaction between Shell and Grupo Prime aims to strengthen the multinational's operation in the market and position it to meet the demand of customers migrating to the free market. In addition, Grupo Prime will complement Shell's Group energy marketing activities. igc partners, which acted as exclusive financial advisor to Grupo Prime, reinforces its sector expertise and global coverage, with more than 50% of transactions concluded with international investors.

Onfly raised its Series A with Left Lane Capital and Cloud9 Capital The operation stood out as the largest fundraise in the traveltech sector in Brazil. Founded in 2018, Onfly was born with the aim of democratizing access to a travel management platform for SMEs, allowing the automation of corporate travel processes, from booking to accountability and payments. The company offers a one-stop-shop platform where customers can make reservations of airline tickets, hotels and transportation, connected to an expense management Software-as-a-Service module focused on digitizing all business expenses, reports and reimbursements. Beyond the value offered to its clients, Onfly enhances the experience of collaborators with “Azulzinho” its corporate card integrated with the platform, turning the tiring process of registering expenses for reimbursement into an automated process. Left Lane Capital and Cloud9 Capital recognized the disruptive nature of Onfly’s technology and its immense growth potential. The funds bring not only financial support but also valuable industry experience and network connections to propel Onfly to new heights. Onfly’s visionary leadership is excited about the opportunities presented by this fundraise and is committed to scaling the company’s operations, expanding its market reach, and solidifying its position as a leader in the travel technology sector. igc partners acted as the exclusive financial advisor for Onfly in the transaction.

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Monitora was acquired by Marlabs

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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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Vita IT was acquired by Telefonica The transaction will expand Telefonica's presence in the IT consulting and services market Vita IT, headquartered in São Paulo, is an IT service provider for the corporate market with nationwide operations. The Company, which serves the digital transformation and technological infrastructure segments, with the goal of improving the efficiency of its large clients' processes through technology. The transaction, which was advised on the sell side by igc partners, is an opportunity to accelerate Telefonica's plans to become a relevant player qualified in the professional and managed services segments. Concomitantly, this serves as an opportunity for Vita IT to be part of one of the largest telecommunications companies in the world, who will grant them access to a wider potential customer base for them to offer their portfolio of products and services.

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.

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.

Marca Agro Mercantil, a distributor of agricultural inputs, has concluded the sale of its shares to Nutrien, the largest agricultural inputs distributor in the world, with verticalized operations in seeds, crop nutrition and protection. Founded in 2005, Marca Agro Mercantil is one of the largest distributors of agricultural inputs in Triângulo Mineiro, Alto do Parnaíba, and Southwest Minas Gerais. The Company has 7 stores in the region, in addition to an industrial seed treatment unit, providing support for more than 1,700 rural producers in soybean, corn, coffee, and sugar cane crops. Nutrien is present in 13 countries and 3 continents, bringing together more than 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 23.5 thousand employees.

Nativa Agronegócios, an agricultural inputs retailer, completed the sale of its operation to Agro Amazônia, an agricultural inputs retailer in Brazil, with distribution operations in crop protection, seeds, fertilizers and animal’s health and nutrition products. Founded in 2000, Nativa Agronegócios is considered one of the largest agricultural inputs retailers in Minas Gerais, focusing essentially on Triângulo Mineiro and Alto Paranaíba regions. With eight stores and one modern bulk blending fertilizer facility, the company serves more than two thousand rural producers in a great variety of crops. Agro Amazônia, a Sumitomo Corporation’s subsidiary company, is currently the largest agricultural inputs distributor in Brazil, with 50 stores prepared to meet the demand for agricultural inputs on the main markets of the national territory. The acquisition of Nativa Agronegócios, which was advised by igc partners during the transaction, aims to consolidate Agro Amazônia’s presence in Brazil, reinforcing the company’s expansion movement in the country.

GEF Capital Partners (GEF) completes a minority investment in Automalogical The investment, combined with GEF's know-how in the sector, will further strengthen the performance of Automalogical, a leading company in its sub-segment of solutions for operations and monitoring of renewable energy plants. Automalogica, a company focused on developing and delivering technological solutions for operation and efficiency gains for the electricity sector, received an investment from GEF, a global Private Equity fund focused on climate solutions with more than 600 million dollars under management dedicated to sustainable investments. Founded in 2006, Automalogical is a technology and engineering company that has become a reference in the supply of systems used by the main companies in the Brazilian electrical sector, including energy distributors, transmitters, and energy generation. Its solutions are used to supervise, control, and protect substances and to operate and monitor wind, photovoltaic and hydroelectric power plants, totaling more than 28GW of installed capacity, more than half of all the centralized wind and solar generation in the country. Automalogica's transaction, which was advised by igc partners, meets GEF's strategy for sustainable investments in the renewable energy and energy efficiency segment.

Consolidated as a leading Brazilian Digital Customer Experience provider, Grupo Services was acquired by Webhelp, a leading global Customer Experience BPO player. With over 20 years of experience, Grupo Services specializes in customer experience management and has an annual growth of around 30%. The group is known for having created the first 100% digital contact center in Brazil, in 2016. Leveraged by its proprietary technology, Grupo Services has one of the most awarded Artificial Intelligence in the market, as well as a widely recognized culture focused on delivering unique experiences to customers, employees and consumers.Webhelp is a France-headquartered global provider of customer experience and business solutions, operating in 213 sites across 58 countries, with over 110,000 employees globally. The acquisition of Grupo Services, which was advised by igc partners, will drive Webhelp’s growth, primarily related to its digital CX capabilities, as well as expand its geographic footprint in a significant and growing market.

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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Sweetmix Distribuidora was acquired by Univar Solutions Acquisition aims to expand Univar's operations in Latin America Sweetmix Distribuidora, a reference company in the distribution of chemical ingredients and specialties in Brazil, was acquired by Univar Solutions, a distributor with global operations. Founded in 1994, Sweetmix has a diversified portfolio, including food ingredients, pharmaceuticals and cosmetics. The company has more than 1,400 active customers and an experienced and technical team of over 70 employees. The acquisition of Sweetmix Distribuidora, which was advised by igc partners in the transaction, will strengthen and expand Univar's presence in the distribution of chemical ingredients in Latin America, in addition to strengthen relationships with local customers and global suppliers through a unique portfolio.

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Terra Nova was acquired by Nutrien.

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Diban sold an equity stake to Marubeni.

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Fertgrow, located in São Luiz, Maranhão, and one of the leading blenders in the distribution of fertilizers in the country's Arco Norte, was acquired by Uralkali, one of the world's largest potash producers. Founded in 2015, Fertgrow operates in one of the fastest growing agricultural regions in Brazil, MAPITO, PA and northeast MT. Through its qualified sales team, the company has sold 700,000 tons of NPK fertilizers. The sale of the stake held by a group of shareholders led by Keytrade, a Swiss trading company with global operations, was advised by igc partners.

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igc partners is pleased to announce that it has advised on the sale of Cerveja Therezópolis, a Brazilian premium craft beer brand, in the transaction with Coca-Cola FEMSA and Andina, Coca-Cola's bottlers in Brazil. Founded in 1912, Therezópolis is the largest independent craft beer brand in Brazil. The acquisition aims to complement the beer portfolio of Coca-Cola bottlers in Brazil.

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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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Aldo Solar was acquired by Brookfield

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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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igc partners is pleased to announce that it has advised Liderança Cobranças, a market leader in friendly debt collection in Brazil, in its transaction with Banco Santander, one of the biggest privately-owned banks in the country. Founded in 1988, Liderança Cobranças, a national reference in friendly debt collection, has more than 3.200 employees and 2.500 service positions serving key institutions in the market. With four offices in Brazil – São Paulo, Barueri (2) and Foz do Iguaçu – their clients from diverse industries certify the company’s know-how in operating with different types of debt collection. The acquisition will reinforce and expand Santander’s defaulting assets branch, in which the bank already operates with a digital platform of renegotiation emDia and Return.

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igc partners is pleased to announce that it has advised Raccoon Group, the leading digital performance agency in Brazil and one of the largest digital agencies in Latin America, in the transaction with S4 Capital (LSE:SFOR), a tech-led global advertising and digital marketing services company. Founded in 2013 and headquartered in São Carlos (SP), Raccoon Group specializes in three types of services: Digital Paid Media (search, social and commerce media), Inbound Marketing (search engine optimization and conversion rate optimization) and IT/Business Intelligence (data analytics). With a broad client base including Natura, Nubank, Carrefour, Gympass, iFood, Leroy Merlin, Yduqs, Unilever and Google, the Group has managed approximately R$1Billion in digital media campaigns on Google and Facebook in 2020 and comprises over 1,000 engineers, mathematicians, statisticians, programmers and digital media specialists.

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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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igc partners is pleased to announce that it has advised Sankhya, one of the leading ERP and management software companies in Brazil, in the transaction with GIC, Singapore's sovereign wealth fund. Founded in 1989 and headquartered in Uberlândia (MG), Sankhya created a new concept for management solutions - the Enterprise Intelligence Platform (EIP). In addition to covering the features of traditional ERP, the EIP brings a series of innovations that allow its customers to have the highest level of management and connection with the market. Sankhya products focus on transforming operational data into management information for safer and more accurate decision making. Although its products and services vary according to the need of its customers, all solutions are integrated in the ERP platform. Through the resources invested by GIC, Sankhya will be able to accelerate even more its growth rate by opening new business units, increasing its investments in technology, developing solutions for its customers and through M&A, acquiring complementary solutions.

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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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igc partners advised Agrosema, a distributor of agricultural inputs, on the transaction with Nutrien, the world's largest producer and distributor of fertilizers. Founded in 1986, Agrosema is currently the largest distributor of agricultural inputs in the state of São Paulo, with 14 stores in the Southeast region, serving more than 4 thousand rural producers. Nutrien's acquisition aims to consolidate the company's presence in Brazil, reinforcing its expansion in the country.

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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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igc partners is pleased to announce that it has advised Pollux, a leading provider of industry 4.0 solutions in Brazil and the Americas with Accenture (NYSE:ACN), a global professional services company with leading capabilities in digital, cloud and security. Founded in 1996, and based in Joinville (SC), Pollux also has offices in Mexico, Canada and the United States, and has already delivered more than 1000 solutions in over 13 countries throughout the Americas. The company designs, engineers and deploys fully functional assembly lines that include robots and other hardware, plus the software that controls them. They also offers visual analytics inspection solutions, autonomous mobile robots and robots as a service for shopfloors and warehouses, among others.

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igc partners is proud to announce it has advised Quimisa on its sale to Brenntag. Quimisa, founded in 1959 and headquartered in Brusque, SC, has a strong market position in providing industrial and specialty chemicals to regional and international clients in Southern Brazil. Their product portfolio includes industrial chemicals such as caustic soda and hydrogen peroxide as well as a wide range of specialty chemicals like textile auxiliaries, dyes and polymers. Products are supplied to the textile, household products, food and beverage and paper industries with a strong logistics and customer service model. One of the largest 500 companies in the southern region of Brazil, the Company has 4 branches located in strategic regions of Brazil and a transportation subsidiary called Quimilog to ensure agile and efficient logistics. Headquartered in Essen, Germany, Brenntag is the global leader in chemical and ingredients distribution, market they entered in 1912. Today, with presence in 76 countries through 580 offices, the Company has over 16,600 employees.

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igc partners advised Adubos Real on a partial stake sale to Marubeni. The company is based in Pouso Alegre, MG, and is one of the leaders in its field of activity, offering a complete range of services and products to farmers, such as proprietary fertilizers, pesticides, and seeds. The company also counts with a wholesale unit called Diamig, focused on serving retailers in the region. Marubeni Corporation, headquartered in Tokyo, Japan, was founded in 1858 and throughout its history has established a diverse network of business activities across wide-ranging fields including food, consumer products, chemical & forest products, agricultural inputs, energy & metals, power & plants projects, and transportation & industrial machinery.

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Ferrari Zagatto sold an equity stake to Origin

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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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igc partners advised Abase, a distributor of veterinary health care products with a strong presence in Brazil's Campinas region in the state of Sao Paulo, on the sale of a majority stake to Henry Schein, the world's largest provider of health care products and services to office-based dental, animal health, and medical practitioners.

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igc partners is pleased to announce that it advised Wooza, the technology and marketing company responsible for operating the online sale of plans and services, on the spin-off and sale of its Telecom division to Allied, the largest provider of electronic products in Brazil and invested by Advent, a North American private equity manager with over US$ 42 billion of assets under management around the world.

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CPQ shareholders sold majority stake to Standard Bank.

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Advent acquired Allied.

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igc partners advised Fortgreen Comercial Agrícola Ltda. in the sale of a 65% stake to Origin Enterprises plc. Based in the state of Paraná and founded in 2004, Fortgreen is a leading manufacturer and marketer of specialty fertilizers, foliar fertilizers, biostimulants, adjuvants and controlled-release fertilizers for various crops.

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NZN and Click Jogos merged their operations and HIG Capital acquired a controlling stake in the new company

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Viena was acquired by Advent

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CBL Alimentos sold a minority stake to Arlon.

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igc partners is proud to announce that it has advised Ourolac, UHT dairy solutions to the foodservice market, on raising of growth capital investment by selling a minority stake to 2bCapital, private equity fund of Grupo Bradesco, and Siguler Guff, a USA private equity fund with more than USD 12 billion of assets under management. Ourolac plans, along with 2bCapital and Siguler Guff, to strengthen its presence in the Brazilian market by increasing production capacity, launching new solutions and increasing national coverage that currently includes clients such as Burger King, Bob’s, KFC, Giraffas, Chiquinho Sorvetes, Cinepólis, Cacau Show and a wide network of foodservice distributors.

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PlayPen was acquired by Cognita

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ACS was acquired by Engie

Arinos was acquired by Univar.

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Genesis Group sold an equity stake to Actis.

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Selectchemie was acquired by IMCD

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Sisgraph was acquired by Hexagon

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

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Investor Group formed by 3i, Neuberger Berman and Siguler Guff acquired Óticas Carol

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Mandic was acquired by Riverwood

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Frango Assado was acquired by IMC

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Fototica was acquired by Hal Investments

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Copag sold equity stake to Carta Mundi.

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Cataratas do Iguaçu S.A sold an equity stake to Advent

Creme Mel sold equity stake to HIG Capital.

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Aorta was acquried by Mobi.

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CEL® LEP was acquired by HIG Capital.

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AAT sold its stake to One Equity Partners.

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LG Sistemas sold equity stake to HIG Capital

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Crivo SA sold majority stake to Transunion.

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CBC acquired Sellier & Bellot.

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D’Altomare Química was acquired by Univar.

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Prisma Pack was acquired by Huhtamaki

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Moip was acquired by Wirecard

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Vórtx held the Series B round with FTV Capital

Passfolio was acquired by Santander

Conductor was acquired by Riverwood Capital.

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LM Farma was acquired by Laboratories Urgo

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igc partners is pleased to announce that it advised Femme Laboratório da Mulher in the fundraising transaction with L Catterton, a private equity fund focused on consumer goods. Femme Laboratório da Mulher is a diagnostic center exclusively focused on women's health and currently has five units in the city of São Paulo. The association with L Catterton aims to strengthen the brand and accelerate the expansion process.

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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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Megalabs acquires Almeida Prado Laboratory's Complex 46. The transaction aims to strengthen Megalabs' market position, with Complex 46 being a relevant brand for the company's operations in the gastroenterology area. Positioned as one of the leading homeopathic laboratories, Almeida Prado has sold the recognized and traditional product Almeida Prado Complex 46 to Megalabs, expanding the OTC portfolio of the Uruguayan pharmaceutical company in the gastroenterology therapeutic field. Founded in 1959 in São Paulo by homeopath and researcher Estevam José de Almeida Prado and pharmacist Rubens Gimenes, Laboratório Homeopático Almeida Prado was a pioneer in industrialized homeopathy. Through the structuring and fulfillment of the founders' ideals, the laboratory launched a line of industrialized homeopathic medicines, in the molds of Europe and North America. Today, Almeida Prado is a reference in the Homeopathic Pharmaceutical Industry in the national market, with excellence in the production of effective and safe homeopathic medicines. With headquarters in Uruguay, Megalabs is one of the leading companies in the pharmaceutical market in Latin America. With a presence in 18 countries, over 8,000 employees, and more than 1,800 products, Megalabs has been expanding its presence in Brazil since 2016, through launches, acquisitions, licenses, and partnerships, increasingly strengthening its presence in the country's pharmacies. The acquisition of Almeida Prado 46 Complex by Megalabs, a transaction which was advised by igc partners on the sell-side, will boost Megalabs' sales and growth in gastroenterology in Brazil, in addition to expanding its presence in the OTCs market.

Farmasa sold equity stake to GP Investments

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.

Osler Laboratory, maker of the insect repellent brand Exposis®, has been acquired by SC Johnson

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igc partners is pleased to announce that it advised Nepos, the leading player on car park system in Brazil, in its sale to CAME S.p.A, the Italian multinational company leader in integrated technological solutions to improve the quality of life in residential, urban mobility, and business areas. Founded in 2006, Nepos has seven advanced posts across Brazil, managing more than 15 thousand parking systems in more than 700 car parks, including malls, airports, exhibition centers, supermarkets and other places with a high flow of vehicles. Nepos’ acquisition is an important sign of CAME’s growth and market consolidation, strengthening its position on the car parking and parking systems global market.

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igc partners is proud to announce that it has advised Padtec on the acquisition of its OTN-Switch (Optical Transport Network) platform by Ekinops, a French supplier of optical networking equipment, listed in the Paris Stock Exchange. Headquartered in Campinas, Padtec is the main player based in Latin American that is specialized in optical networking systems, developing, manufacturing and providing equipment for DWDM networking systems in the global market. The Company have over 200 thousand Km of deployed networks in the Latin American region.

igc partners is proud to announce that it has advised Padtec on the acquisition of its submarine networks division by IPG Photonics, a Nasdaq listed company and global  leader in high power lasers and amplifiers.Headquartered in Campinas, Padtec is the main player based in Latin American that is specialized in optical networking systems, developing, manufacturing and providing equipment for DWDM networking systems in the global market. The Company has over 200 thousand Km of deployed networks in the Latin American region.

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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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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Legrand acquires majority stake in Clamper The transaction focuses on strengthening Legrand's portfolio in the Surge Protective Devices (SPD) segment, as well as expanding the global presence of Clamper solutions. A pioneer in the production of high-tech electrical Surge Protection Devices for a wide range of economic sectors, Clamper has sold a majority stake to Legrand, a global leader in residential, commercial and industrial electrical solutions. Conceived and founded by Ailton Ricaldoni, Clamper started its trajectory in 1991, developing entirely customized and highly complex projects for large energy, telecommunications, mining and oil and gas exploration companies. In its more than 30 years of history, the Company has achieved a leadership position for its quality, customization, and technology of its products. Besides innovating in its solutions, Clamper is also the first industry to be established in the first industrial airport in Latin America. Thus, it strengthens the performance of its subsidiaries in Mexico, Colombia and USA, in complement to the international business it already carries out in more than 20 countries. Legrand, headquartered in France, is a leader in electrical and digital systems for building infrastructure, employs more than 36,000 employees worldwide and operates in North America, Latin America, Africa, Europe, Middle East, and APAC. In Brazil, it is known by the brands: Legrand, Pial, Bticino, HDL, SMS, Daneva and Cemar. The transaction between Clamper and Legrand, advised by igc partners on the sell-side, occurred to strengthen and bring synergies to both parties involved. The French Company will strengthen its portfolio of solutions for protection of electrical systems and its operations in Latin America, while Clamper, which continues under the leadership of its current shareholder and CEO, Marcelo Lobo, will increase its international relevance and strengthen its operations in new distribution channels.

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.

Graffo Paranaese, of Sonoco Group, acquires 100% of Inapel Embalagens The operation stands out as one of the main transactions in the flexible packaging segment in Brazil in recent years. Founded in 1971, Inapel is a traditional national flexible packaging company focused on the food sector, with a wide portfolio of products such as bags, blisters, pouches, brick packs, doy packs, flow packs and others. The Company, which has its headquarters in Guarulhos/SP and an industrial plant in Jundiaí/SP, is a supplier to the main multinational consumer goods companies in the domestic market and has a production capacity of 1,500 tons/month. Sonoco is a global provider of consumer, industrial, healthcare, and protective packaging. With sales of $7.3 billion in 2022, the Company has 22,000 employees working in approximately 300 operations in 32 countries serving some of the world’s best-known brands in some 85 nations. The transaction is part of Sonoco's global strategy to increase its operations in response to the growing demand for this type of packaging in Brazil, adding value to customers and facilitating the development of Sonoco Graffo's activities in Brazil. For Inapel, this will guarantee the continuity of the Company's operations with excellence in the market, new investments, and expansion of its activities. igc partners, which served as the exclusive financial advisor for Inapel, enhances its sector expertise and global coverage, with over 50% of its transactions concluded involving international investors.