Announced
Completed
Financials
Tags
Completed
Brazil
electricity distibution
Oil Refining and Marketing
energy company
Private Equity
Friendly
Acquisition
Domestic
Minority
Private
Synopsis
Vintage Investimentos, an investment management firm, and Fractal Asset, an investment management company, completed the acquisition of a 10% stake in Ecom Energia, a company that provides services in independent electricity trades and experts in implementing instruments. Financial terms were not disclosed. "We are teaming up with strategic partners. In addition to being recognized for their excellent performance in the Brazilian and international financial markets, they share the same long-term vision that we work with at Ecom Energia," Márcio Sant'Anna, Ecom Energia Founding Partner.
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