General Atlantic acquired QuintoAndar for $64.18m.

General Atlantic LLC has led a $64.18m investment and acquired an undisclosed stake in the Brazilian residential rental website QuintoAndar. Startup QuintoAndar will use the proceeds to expand its network to new Southern Brazilian cities and to boost its existing operations, according to the statement. This third investment round includes companies such as QED Investors, Qualcomm Ventures, Kaszek Ventures and Ruane, Cunniff & Goldfarb, besides General Atlantic, which are all already investors in QuintoAndar.