Crescera and 2bCapital Agree to Invest in Semantix
Posted On: 29 May 2019
Brazil-focused alternative asset manager Crescera Investimentos and 2bCapital, the private equity arm of Brazil-based financial services company Bradesco, have agreed to invest in Brazil-based information technology company Semantix. Through the transaction, Crescera and 2b Capital will acquire 29 percent and 15 percent stakes, respectively, in the company. Semantix provides consulting and support services related to data science, machine learning, and internet of things to businesses in Latin America. The transaction has received approvals from the Administrative Council for Economic Defense (CADE). Financial details of the transaction were not disclosed.