Treecorp has sold a stake in Ademicon to 23S Capital
March 2023 — Treecorp Investimentos has sold a stake in Ademicon to 23S Capital.
Ademicon is the largest independent consortium manager in Brazil, operating in the real estate and vehicle segments. Ademicon is the result of the merger between Ademilar and Conseg.
23S Capital is a private equity growth and expansion fund managed by Temasek Holdings and Votorantim. The fund is located in São Paulo and invest in companies in Brazil.
Treecorp Investimentos is a private equity firm that primarily invests in mid-sized companies in Brazil. The firm was founded in 2003 and is based in São Paulo. Treecorp Investimentos typically focuses on healthcare, financial services, education and consumer goods sectors. It provides capital and strategic support to its portfolio companies in order to help them grow and reach their full potential.
Our role in the transaction
One of Oaklins’ teams in Brazil acted as financial advisor to Treecorp Investimentos in the transaction.
Talk to the deal team
Related deals
Valuation advisory has been provided to a co-investor in VDK
EMK Capital has transferred VDK Groep B.V. from EMK Capital Partners Fund I into the newly established US$1.4 billion single-asset continuation fund, the EMK VDK Partnership Fund, alongside a co-investment from EMK Capital Partners Fund III. The transaction, co-led by LGT Capital Partners and Coller EQT, provides existing investors with the opportunity to retain their exposure to VDK while securing additional capital to support the company’s continued growth and buy-and-build strategy.
Learn moreBe-Cloud has been acquired by PSG Equity
Be-Cloud, backed by B&Capital since 2021, has been acquired by PSG Equity, a leading growth equity firm specializing in software and technology-enabled services. The transaction marks the full exit of B&Capital and the reinvestment of Be-Cloud’s founders, Lenny and Sébastien Vercruysse, alongside PSG Equity.
Learn moreMattina Holding has sold a 5% stake in Gens Aurea via accelerated bookbuild
Mattina Holding S.A. (DVC Partners) has sold a 5% stake in Italian company Gens Aurea S.p.A. through an accelerated bookbuild, raising approximately US$69.96 million.
Learn more