Aegea Saneamento has acquired 100% of Corsan
December 2022 — Aegea Saneamento has acquired Corsan as part of the privatization process led by the state of Rio Grande do Sul. Aegea partnered with the private equity firms Perfin and Kinea Investimentos in this acquisition.
Aegea Saneamento is a Brazilian company that provides water and sewage services to residential, commercial and industrial customers. They focus on sustainable solutions to improve the quality and accessibility of these essential services. The company operates in several Brazilian states, including São Paulo, Minas Gerais, and Bahia. Today, more than 21 million people are served in 154 cities across the country.
Corsan is a mixed capital company controlled by the state of Rio Grande do Sul, which owns 99.99% of its shares. The company is headquartered in Porto Alegre and serves a total of 317 municipalities with water and waste water services. This broad coverage means Corsan is the largest player in the region, reaching over 6.3 million people.
Our role in the transaction
One of Oaklins’ teams in Brazil acted as the exclusive financial advisor to Aegea Saneamento which placed the winning bid in the auction for the privatization of Corsan.
Talk to the deal team
Richard Rainer
Oaklins Olimpia Partners
Related deals
Dan Group Alarm Syd has been sold to Varna Security
Dan Group Alarm Syd, a leading provider of subscription-based security solutions, has been acquired by Varna Security, a newly formed security platform backed by Triton Partners. Through the transaction, Dan Group Alarm Syd enters into a new partnership with Triton Partners, positioning the company for its next phase of growth. As part of Varna Security, Dan Group Alarm Syd will continue to operate independently, retaining its entrepreneurial culture and close customer relationships, while gaining access to capital, resources and strategic support to accelerate expansion.
Learn moreLivlande Agro has been acquired by Merito Partners
Merito Partners has acquired a controlling stake in Gaižēni SIA, one of Latvia’s leading pig farming companies operating under the Līvlande Agro brand, from NCH Capital and other shareholders. The company’s founder and management team will remain actively involved in the business, supporting its continued growth and development.
Learn moreTerhills Resort by Center Parcs has been acquired by TwentyTwo Real Estate
Terhills Resort, a premium resort in Belgium combining luxury and nature located near Hoge Kempen National Park and operated by Center Parcs, has been sold by venture capitalist LRM to TwentyTwo Real Estate, an independent real estate investor and operator. Both the real estate and the operations were included in the transaction, and Center Parcs is staying on board as an operational partner.
Learn more