Vinci Partners’ Impact and Return Strategy Announces Investment in Efficopar
Vinci Partners Investments Ltd. (NASDAQ: VINP) announced the acquisition of a minority stake in Efficopar, a Brazilian SME focused on water and sanitation efficiency services, through its fund, Vinci Impacto e Retorno IV (VIR IV). This marks the sixth investment for VIR IV, which has now allocated over 50% of its R$1 billion commitments. The Fund aims to generate market returns and impact, promoting efficiency solutions and improved access to sanitation. The investment aligns with the growing opportunities in Brazil's water and sanitation sector, bolstered by recent regulatory changes.
- Acquisition of minority stake in Efficopar aligns with ESG goals.
- Over 50% allocation of R$1 billion fund in less than two years.
- Expected positive impact on water and sanitation efficiency.
- None.
RIO DE JANEIRO, Brazil, Sept. 22, 2022 (GLOBE NEWSWIRE) -- Vinci Partners Investments Ltd. (NASDAQ: VINP) (“Vinci Partners”, “we”, “us” or “our”), the controlling company of a leading alternative investment platform in Brazil, announced today that “Vinci Impacto e Retorno IV”, or “VIR IV” (the “Fund”), the impact family of funds managed by Vinci Partners’ Private Equity strategy, entered into an agreement to acquire a minority stake with co-control governance in Efficopar (the “Company”), a Brazilian small-and-medium sized enterprises (“SME”) specializing in water and sanitation efficiency services.
VIR IV has a unique strategy in Brazil, with a dual mandate to generate favorable market returns and an impact, through the acquisition of minority holdings in Brazilian SMEs that exhibit a potential for growth and clear and measurable environmental, social and governance (ESG) goals. This transaction marks VIR IV’s sixth investment, as it reaches over
Founded in 2020 through the acquisition of B&B, an 18-year-old business, Efficopar is mainly focused on providing business-to-business services to large water and sewage utilities throughout Brazil. The Company expanded its services portfolio in 2021 by incorporating additional services such as the collection, monitoring and telemetry of operational data, and adding industries, hospitals, and shopping centers to its client portfolio.
Through VIR IV’s investment, the team expects to create a positive impact aligned with the Fund’s impact strategy by promoting efficiency solutions to the sanitation system, improving the access to water and basic sanitation, and supporting the reduction of losses, waste and contamination in urban sanitation systems.
José Pano, partner and Head of the VIR strategy for Vinci Partners, said: “We are very excited to reveal our new partnership with Efficopar, a company shaped by experienced and well referenced managers with deep knowledge of sanitation and water efficiency solutions. The water and sanitation sector has been experiencing significant growth through M&A transactions and by incorporating new services in the Brazilian market, as supported by the approval of the new Brazilian Water and Sanitation Regulatory Framework in 2020. We believe VIR IV is well positioned to leverage these opportunities and invest in companies that combine significant social and environmental impact with positive returns to its shareholders.”
About Vinci Partners Private Equity
Vinci Partners’ Private Equity strategy has a sector-agnostic approach focused on growth equity investments in Brazil. The main strategic focus is value creation by promoting revenue, productivity and profitability growth through significant operating and management changes in portfolio companies. The private equity strategy invests through two sub-strategies: Vinci Capital Partners, which focuses on control and co-control investments, and Vinci Impact and Return, that focuses on minority investments in small-to-medium enterprises with dual mandate of generating ESG impact as well as market returns.
About Vinci Partners
Vinci Partners is a leading alternative investment platform in Brazil, established in 2009. Vinci Partners' business segments include private equity, public equities, real estate, credit, infrastructure, hedge funds, and investment products and solutions, each managed by dedicated investment teams with an independent investment committee and decision-making process. We also have a financial advisory business, focusing mostly on pre-initial public offering, or pre-IPO, and merger and acquisition, or M&A, advisory services for Brazilian middle-market companies.
Forward-Looking Statements
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USA Media Contact
Nick Lamplough / Kate Thompson / Katie Villany
Joele Frank, Wilkinson Brimmer Katcher
+1 (212) 355-4449
Brazil Media Contact
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+55 (21) 3114-0779
Investor Contact
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FAQ
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