EI Buys into Brazilian Developer

EI Buys into Brazilian Developer

Brazil M&A US

Equity International, a Chicago-based private equity firm, has acquired a stake in Brazilian property developer Grupo Tha. The deal gives EI, a firm founded by Gary Garrabrant and Sam Zell, 2 seats on the board of Grupo Tha, it says. An official at EI declined to provide any details of the transaction citing a request from the target company. Grupo Tha has developed more than 2,000 real estate projects across a number of sectors, but mostly operates in the Southeastern part of Brazil. EI typical

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