Vinci Partners Impact and Return Strategy Announces Investment in Transpotech
Vinci Partners Investments Ltd. (NASDAQ: VINP) announced the acquisition of a 40.9% stake in Transpotech through the 'Vinci Impacto e Retorno IV' fund. This investment represents a portion of the Fund's R$1 billion commitments and aims to enhance environmental impact through fleet electrification. Transpotech specializes in electric forklifts and has a substantial client base across Brazil. The investment is part of a dual strategy to achieve market returns while promoting ESG goals, particularly in a growing forklift market amid expanding e-commerce.
- Acquisition of a 40.9% stake in Transpotech enhances Vinci's portfolio.
- Transpotech focuses on electric forklifts, aligning with sustainability trends.
- Investment supports Vinci's dual mandate of market returns and ESG impact.
- None.
RIO DE JANEIRO, Brazil, Aug. 11, 2021 (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, closed an acquisition equivalent to a
VIR IV has a unique strategy in Brazil, with a dual mandate to generate favorable market returns as well as impact, through the acquisition of minority holdings in small-and-medium sized Brazilian enterprises, that exhibit growth potential and clear measurable environmental, social and governance, or ESG, goals. This transaction marks VIR IV’s third investment, resulting in
Transpotech focuses on renting, selling, and performing maintenance of mostly electric forklifts, which represent over
From VIR IV’s investment contribution, we expect to enhance the environmental impact the Company directly generates by becoming a reference in fleet electrification, promoting the use of environmentally sustainable technologies, and providing energy efficient technologies to clients.
José Pano, partner and head of the VIR strategy for Vinci Partners, said, “We are extremely pleased with our investment in Transpotech. The Company has a proven and differentiated business model, with top-notch service standards, maintenance expertise and relevant room to grow regionally. We believe the Forklift market segment has a relevant size and a low concentration, in addition to different growth drivers, such as GDP growth and the expansion of e-commerce and logistics services in Brazil. We also plan to enhance the Company’s Impact and ESG practices, as the promotion of diversity through gender balanced employment opportunities, as well as measuring and managing them within the Board’s agenda.”
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
Danthi Comunicações
Carla Azevedo (carla@danthicomunicacoes.com.br)
+55 (21) 3114-0779
Investor Contact
ShareholderRelations@vincipartners.com
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FAQ
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