Cruzeiro do Sul Educacional S.A. acquired Faculdade da Serra Gaucha Group from Advent International Corporation for BRL 310 million on February 7, 2018. In 2017, Faculdade da Serra Gaucha reported a revenue of BRL 158.4 million. BTG Pactual US Capital, LLC acted as a financial advisor to Advent. Banco Itau BBA S.A. acted as a financial advisor to Organização Médica Cruzeiro do Sul. Cruzeiro do Sul Educacional S.A. completed the acquisition of Faculdade da Serra Gaucha Group from Advent International Corporation on February 7, 2018.