Advent International to invest $430m in Ebanx.

Advent International agreed to invest $430m in Ebanx, a Brazilian payments company. The company plans to use the proceeds from acquisitions to further expand operations in countries such as Mexico, Colombia and Argentina. “We are thrilled to have the opportunity to partner with such a remarkable group of founders and industry leaders at EBANX. This management team is building a unique growth engine throughout Latin America and is the type of disruptive category leader in which we look to invest. We are proud to have EBANX in the Advent ecosystem,” Brenno Raiko, Advent Managing Director and Head of Latin America Technology.