Vinci Partners Investments Ltd. (NASDAQ: VINP), a dominant force in Brazil’s alternative investment arena, has successfully concluded its acquisition of MAV Capital, a specialized alternative asset manager in the agribusiness sector. This acquisition, first announced on April 25, 2024, was finalized today, marking a significant expansion in Vinci Partners’ asset management portfolio.
By acquiring MAV Capital, Vinci Partners now oversees an additional R$550 million in assets, primarily distributed across two investment vintages in MAV’s flagship strategy. Alessandro Horta, the CEO and Director of Vinci Partners, expressed his enthusiasm about the merger: “We are thrilled to announce the closing of the acquisition of MAV Capital. 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.”
The deal incorporates an initial cash transaction with a further cash consideration structured through an earnout to be paid in 2028. This contingent payment is based on achieving specific incremental management fee revenue targets.
Established in 2009, Vinci Partners has grown to become a leading name in Brazil’s alternative investment landscape. The company manages a diverse range of business segments, including private equity, public equities, real estate, private credit, infrastructure, special situations, investment products and solutions, and retirement services. Each segment is overseen by dedicated investment teams, operating under independent investment committees and decision-making processes. Vinci also offers corporate advisory services, primarily focusing on pre-IPO and M&A advisory for Brazilian middle-market companies.
MAV Capital, founded in 2021, has quickly established itself in the agribusiness sector, managing approximately R$550 million through five investment funds. The firm is led by a seasoned management team with a proven track record in the industry.
This acquisition not only enhances Vinci Partners’ capabilities in agribusiness investments but also reinforces its strategy to diversify and strengthen its investment portfolio, ensuring robust growth and innovation across its various business lines.
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