PE Shop Makes Brazilian Infrastructure Services Investment

PE Shop Makes Brazilian Infrastructure Services Investment

Brazil M&A Funds

US-based private equity fund ACON has made a BRL110m ($53m) investment in Brazil’s BSM Engenharia, a service provider to the country’s oil and infrastructure sectors. The stake is said to be about 40% of BSM, and represents ACON's first purchase in Brazil following the exits of its two remaining portfolio companies last year. The investment comes from the approximately $350m ACON Latin America Opportunities Fund. ACON, with local offices in Sao Paulo and Mexico City, has managed more than $2.2bn

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial