Announced
Completed
Financials
Tags
Cross Border
Single Bidder
Majority
broadband services
Private Equity
Friendly
Private
Completed
Brazil
Internet
Acquisition
Synopsis
Grain Management, a private investment firm, completed its acquisition of Conexão Group, a high-speed internet service provider. Financial terms were not disclosed. “The opportunity set for both strategic and organic growth through the acquisition of Conexao is solid. Telecommunications growth in Brazil is robust and aligns with the macro trends around which our Firm invests. The capital and expertise that Grain brings to this landscape presents a compelling investment case for our team and our investors," David Grain, Grain Management CEO.
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