BNDES

Founded in 1952, BNDES is a financial institution based in Brazil that serves as the main financing agent for development in the country. The firm provides financial services primarily for industry and infrastructure development. BNDES Participações S/A – BNDESPAR, the investment arm of BNDES, specializes in direct and fund of funds investments, focusing on private equity, venture capital, and debentures. The firm primarily invests in medium to emerging growth companies across various sectors, emphasizing companies based in Brazil. BNDES typically acquires minority stakes and may consider taking up to a 33% stake in some cases. The firm prefers venture capital funds investing in companies with annual revenue up to R$150 million ($37.8 million) and aims for transitory investments lasting five to seven years, although longer periods are also considered.

Fabio Abrahao

Director of Infrastructure

Leonardo Cabral

Privatization Director

Bianca Nasser

Finance Director

19 past transactions

Aquiris

Venture Round in 2016
Aquiris is a 3D gaming studio that develops games for browser, PC, and mobile phone platforms. Aquiris offers CN Superstar Soccer, The Great Prank War, and Ballistic. The company focuses on delivering an artistic and technical gameplay quality to players, in partnership with the publishing partners. Aquiris was founded in 2007 by Amilton Diesel, Mauricio Longoni, and Israel Mendes. It is based in Porto Alegre, Brazil.

Radek Systems

Debt Financing in 2014
SmartGrid Tools for Utilities to protect revenue from non technical losses (fraud).

Klabin

Debt Financing in 2019
a Klabin transforma matéria-prima em produtos de usos múltiplos, renováveis e biodegradáveis. Somos líderes na produção de papéis e cartões para embalagens, embalagens de papelão ondulado e sacos industriais, além de comercializarmos madeira em toras. Também somos a única do país a fornecer simultaneamente ao mercado celulose de fibra curta (eucalipto), celulose de fibra longa (pínus) e celulose fluff.

Embraer

Post in 2020
Embraer SA is a Brazil-based holding company primarily engaged in the manufacture of aircrafts. The Company’s business activities are divided into three business segments: Commercial Aviation; Defense and Security Business, and Executive Aviation. The Commercial Aviation segment is involved in the development, production and sale of commercial jets, as well as in the provision of support services, with emphasis on the regional aviation industry and aircraft leasing. The Defense and Security Business segment mainly includes the research, development, production and modification of defense aircrafts as well systems and software design. Through the Executive Aviation segment, the Company is active in the development, production and sale of business jets, provision of support services related to this sector of the market and aircraft leasing. The Company has subsidiaries, affiliated companies and representative offices in Brazil, the United States, France, Holland and China, among others.

Linx

Private Equity Round in 2011
Linx SA provides management software solutions for the retail market in Brazil and internationally. It offers enterprise resource planning, and point of sale or point of service management software; connectivity, TEF, e-commerce, and customer relationship management solutions. The company is also involved in the provision of services for maintenance, rent, and management of networks; and telecommunication services, such as transmission of voice, data, images, and sound through services of networks and circuits, telephony, and other systems.

FT Sistemas S.A.

Series A in 2015
FT Sistemas is a national company that specializes in the development of remotely piloted aircrafts. The company is engaged in the development of aeronautical systems, supporting the development of robotic systems in projects of the Brazilian Ministry of Defense. FT Sistemas participates in military UAVs projects in Brazil, consolidating its position and reference in the field. It was founded in 2005 by Nei Salis Brasil Neto and Benedito Carlos de Oliveira Maciel. FT Sistemas is headquartered in São Paulo, Brazil.

Embraer

Post in 2022
Embraer SA is a Brazil-based holding company primarily engaged in the manufacture of aircrafts. The Company’s business activities are divided into three business segments: Commercial Aviation; Defense and Security Business, and Executive Aviation. The Commercial Aviation segment is involved in the development, production and sale of commercial jets, as well as in the provision of support services, with emphasis on the regional aviation industry and aircraft leasing. The Defense and Security Business segment mainly includes the research, development, production and modification of defense aircrafts as well systems and software design. Through the Executive Aviation segment, the Company is active in the development, production and sale of business jets, provision of support services related to this sector of the market and aircraft leasing. The Company has subsidiaries, affiliated companies and representative offices in Brazil, the United States, France, Holland and China, among others.

Iguá Saneamento

Debt Financing in 2023
Iguá Saneamento is a Brazilian water and sewage services company.

Atlas Renewable Energy

Debt Financing in 2023
Atlas Renewable Energy is an operating renewable energy company that develops, builds and operates solar and wind projects.

Suzano S.A

Post in 2022
We are one of the largest integrated eucalyptus pulp and paper producers in Latin America. With operations in nearly 60 countries and a history dating back 92 years, we are the world’s second largest producer of eucalyptus pulp, one of the ten largest producers of market pulp and the regional market leader in paper for domestic and commercial use. Controlled by Suzano Holding, we operate five industrial units: Suzano, Rio Verde and Limeira in the state of São Paulo, Mucuri in Bahia, and Imperatriz in Maranhão, which together have a production capacity of 4.7 million tons, of which 3.4 million tons of market pulp and 1.3 million tons of paper. We also have three sales offices in China, the United States and Switzerland, and two subsidiaries (Sun Paper in England and Stenfar in Argentina). Our forestry assets are distributed across eight states (São Paulo, Minas Gerais, Bahia, Espírito Santo, Maranhão, Piauí, Tocantins and Pará), spread over more than 1 million hectares, including 522,000 hectares of planted area and 463,000 hectares of preservation areas. We also operate in the biotechnology industry through FuturaGene, the first company in the world to obtain approval for the commercial use of genetically modified eucalyptus. Research in this new technology started in 2001 and, in 2015, its use was approved by Brazil’s National Biosafety Technical Commission (CTNBio). Productivity gains compared to conventional eucalyptus could be to 20%.

Tembici

Venture Round in 2023
Tembici is the leading micro-mobility player in Latin America, providing first and last mile transportation solutions do daily commuters.

Visionnaire Technologies

Venture Round in 1999
Visionnaire offers solutions through software development that allows for the re-utilization of existing information and applications. Its system identifies the problems, develops a solution, implements the solution, and complements it by transferring the existing technology, maintenance, and support. Manoel Camillo Penna and Sergio Mainetti Jr. founded it on June 10, 1996. It has its headquarters in Curitiba in Brazil.

Majority Stake In Three Companies and Minority Stake in One Company

Merger/Acquisition in 2015
Majority Stake In Three Companies and Minority Stake in One Company represents the combined operations of AES Elpa S.A. and AES Serviços TC Ltda. and AES Uruguaiana Empreendimentos S.A. and Eletropaulo Metropolitana Eletricidade de São Paulo S.A. in their sale to BNDES Participações S/A - BNDESPAR. AES Elpa S.A. distributes electricity to residential, industrial, commercial, and rural customers in Brazil. AES Serviços TC Ltda. trades and distributes electric power in Brazil. AES Uruguaiana Empreendimentos S.A. operates natural gas thermal electric power plant in Uruguaiana. Eletropaulo Metropolitana Eletricidade de São Paulo S.A. distributes and sells electric power in the metropolitan region of São Paulo. The companies are based in Brazil.

Prática Participações S/A

Private Placement in 2018
Prática Participações S/A was founded in 1991 and is based in Pouso Alegre, Brazil.

Zenvia

Series A in 2014
Zenvia operates a mobile services company in Brazil. Its services include sending text messages in bulk and conducting surveys for getting feedback, enabling business entities to better know their customers and earn higher returns.

Atlas Renewable Energy

Debt Financing in 2023
Atlas Renewable Energy is an operating renewable energy company that develops, builds and operates solar and wind projects.