Announced
Completed
Financials
Tags
Completed
Brazil
streaming solutions
Private
sports ecosystem
sports streaming
Radio and TV Broadcasters
Acquisition
Minority
Private Equity
Cross Border
Friendly
Synopsis
Private equity firms General Atlantic and XP Private Equity, completed the acquisition of a minority stake in LiveMode, a social and streaming platform company. Financial terms were not disclosed. “Our partnership with General Atlantic and XP marks a significant milestone in our journey. Both firms’ expertise in scaling growth companies, along with their extensive global networks, will be invaluable as we expand our operations and further innovate. We are thrilled to have their support as we focus on our ambition to help expand and professionalize the sport in Brazil and other countries," Leo Lenz Cesar, LiveMode Partner.
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