Biomm SA (BOVESPA:BIOM4) announced a private placement of common shares on March 28, 2012. The company signed the non binding memorandum of understanding with investors, TMG Servicos de Gestao Ltda., TMG Capital, and Tekbio Fundo de Investimento em Participacoes. The investors will hold a minority stake in the company. The definitive agreements with investors is subject to satisfactory negotiation of the contracts, and certain conditions precedent, among others, the realization of a satisfactory legal, environmental, accounting, financial and operational audit.

On April 16, 2013, the company announced that it has signed the agreement with the investors. The company will issue 11,535,126 to 17,346,053 common shares at BRL 11.53 per share for minimum, BRL 133,000,002.78 and maximum of BRL 199,999,991.09. The transaction will also include participation from new investors, BNDES Participações S/A - BNDESPAR and BDMGTEC SA and current shareholders for at least, BRL 49,103,226.08 through issuance of 4,258,736 shares. TMG Partners, LLC will subscribe to 6,071,119 common shares at BRL 11.53 per share for BRL 70,000,002.07. The transaction is subject to of certain conditions including the approval of the Brazilian antitrust authorities and contract signing the subscription with BNDES Participacoes SA BNDESPAR and BDMGTEC SA for financial support through trigger participation.

On the same day, the company announced that the transaction was approved by Banco de Desenvolvimento de Minas Gerais S.A. and Banco Nacional de Desenvolvimento Economico e Social. The approval is still pending signing of final documents and fulfillment of certain conditions precedent.

On May 28, 2013, the company announced that it has signed an agreement for the transaction with TMG Partners, LLC.

On June 6, 2013, the company announced that FINEP Agencia Brasileira da Inovacao approved the transaction. The approval was for proceeds of up to BRL 70,437,995.99.

On September 19, 2013, the company announced that 1,656,827 shares will be subscribed by BNDES Participações S/A - BNDESPAR for BRL 19,103,215.31, 1,734,606 shares will be subscribed by BDMGTEC SA for BRL 20,000,007.18, 6,678,231 shares will be subscribed by TMG Partners, LLC, which will participate through IBR LP, a company controlled by its fund TMG II PE Fund L.P. for BRL 77,000,003.43, and 1,431,050 shares will be subscribed by current controllers of the company for BRL 16,500,006.50.

On October 28, 2013, the company announced that the transaction has been approved by The Administrative Council for Economic Defense.

On November 20, 2013, the company announced that the transaction was approved by the shareholders of the company.

On January 4, 2014, Biomm SA closed the transaction. The company issued 937,412 shares for gross proceeds of BRL 10,808,360.36.