GP Investments Invests BRL100 Million in EBAM (Latin America)
Posted On: 27 Feb 2013 | Source: GP Investments
Brazil-focused alternative investment company GP Investments has invested BRL100 million (approximately US$50.4 million) in Empresa Brasileira de Agregados Minerais (EBAM), a Brazilian mining company and producer of mineral aggregates. GP Investments structured the transaction through Basel Participações, a holding company under its GP Capital Partners V private equity fund. GP had previously invested BRL64 million (approximately US$32.1 million) in EBAM in February 2012 and now owns an 80 percent stake in the company.