General Atlantic goes to QuintoAndar

General Atlantic goes to QuintoAndar

Asset Management Equity Funds M&A Brazil

General Atlantic has led BRL250m ($65.1m) in fundraising and acquired an undisclosed stake in the Brazilian apartment rental website QuintoAndar. The website's existing investors, including Kaszek Ventures, Ruane, Cunniff & Goldfarb, Qualcomm Ventures and QED, also participated in the Series C funding round, General Atlantic and QuintoAndar said in a statement. QuintoAndar said it will spend the money on its business in Belo Horizonte, Brasília and Goiânia and also to start new operations in

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