RIO DE
JANEIRO, June 28, 2024 /PRNewswire/ -- Vinci
Partners Investments Ltd. (NASDAQ: VINP) ("Vinci Partners,"
"Vinci," "we," "us," or "our"), the controlling company of a
leading alternative investment platform in Brazil, announced today that it has completed
the previously announced acquisition of MAV Capital ("MAV",
"Team"), an alternative asset manager focused on the agribusiness
segment in Brazil.
As a result of the closing, Vinci will add approximately
R$550 million in assets under
management, distributed mainly across two vintages in MAV's
flagship strategy.
"We are thrilled to announce the closing of the acquisition of
MAV Capital.", said Alessandro
Horta, Vinci Partners' Chief Executive Officer and Director.
"We are confident that the MAV team is a valuable addition to our
platform, strengthening our presence in agribusiness. This
transaction aligns with our long-term goals of expanding business
lines and building leading franchises."
Transaction Overview
The Transaction, which was announced on April 25th, 2024, closed today and has
an initial cash component, with an additional consideration in cash
through an earnout structure to be paid in 2028, subject to the
achievement of certain incremental management fee revenue
targets.
About Vinci Partners
Vinci Partners is a leading alternative investment platform in
Brazil, established in 2009. Vinci
Partners' business segments include private equity, public
equities, real estate, private credit, infrastructure, special
situations, investment products and solutions and retirement
services, each managed by dedicated investment teams with an
independent investment committee and decision-making process. We
also have a corporate advisory business, focusing mostly on
pre-initial public offering, or pre-IPO, and merger and
acquisition, or M&A, advisory services for Brazilian
middle-market companies.
About MAV Capital
MAV Capital is an alternative asset manager focused on the
agribusiness sector, founded in 2021, led by a seasoned management
team with an extensive track record, managing approximately
R$550 million in assets through five
investment funds.
Forward-Looking Statements
This press release contains forward-looking statements that can
be identified by the use of words such as "anticipate," "believe,"
"could," "expect," "should," "plan," "intend," "estimate" and
"potential," among others. By their nature, forward-looking
statements are necessarily subject to a high degree of uncertainty
and involve known and unknown risks, uncertainties, assumptions and
other factors because they relate to events and depend on
circumstances that will occur in the future whether or not outside
of our control. Such factors may cause actual results, performance
or developments to differ materially from those expressed or
implied by such forward-looking statements and there can be no
assurance that such forward-looking statements will prove to be
correct. The forward-looking statements included herein speak only
as at the date of this press release and we do not undertake any
obligation to update these forward-looking statements. Past
performance does not guarantee or predict future performance.
Moreover, neither we nor our affiliates, officers, employees and
agents undertake any obligation to review, update or confirm
expectations or estimates or to release any revisions to any
forward-looking statements to reflect events that occur or
circumstances that arise in relation to the content of this press
release. Further information on these and other factors that could
affect our financial results is included in filings we have made
and will make with the U.S. Securities and Exchange Commission from
time to time.
USA Media Contact
Nick Lamplough / Kate Thompson / Katie Villany
Joele Frank, Wilkinson Brimmer
Katcher
+1 (212) 355-4449
Brazil Media Contact
Danthi Comunicações
Carla Azevedo
(carla@danthicomunicacoes.com.br)
+55 (21) 3114-0779
Investor Contact
ShareholderRelations@vincipartners.com
NY: +1 (646) 559-8040
RJ: +55 (21) 2159-6240
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SOURCE Vinci Partners Investments Ltd.
