Cruzeiro do Sul Educacional S.A. acquired Faculdade da Serra Gaucha Group from Advent International Corporation for BRL 310 million.
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.