Affinitas firms advised on Latin America’s largest transactions of May 2022

According to Transactional Track Record’s latest Latin America monthly report, our member firms Barros & Errázuriz, Gómez-Pinzón and Mijares, Angoitia, Cortés y Fuentes have advised on three of the largest Venture Capital and Private Equity transactions of May 2022.

Javier Díaz, Vicente Cordero and Lucas Marinovic, from Chilean member firm Barros & Errázuriz, advised US equity group Avenir on Xepelin’s USD 111 million Series B funding round, marking the fintech start-up’s third capital increase in less than a year. The deal closed on May 2 and was highlighted as Chile’s largest Venture Capital transaction.

Colombian member firm Gómez-Pinzón and Mexican member firm Mijares, Angoitia, Cortés y Fuentes advised BID Invest and US private investment group Blue like an Orange in a USD 22 million financing package granted to grocery delivery company Merqueo. The Affinitas team that advised on Colombia’s second largest Private Equity transaction consisted of Daniel Londoño, Catalina Prieto, Silvia Robledo, Lorenza Langarica, Mariana Ávila, Fernanda Cid and Mauricio Gual.

With a team led by Ricardo Maldonado, Mijares, Angoitia, Cortés y Fuentes advised SoftBank’s Latin America Fund. on Mexican digital cargo platform Nowport’s USD 150 million Series C funding round, which made the start-up the country’s latest unicorn. This deal was highlighted as Mexico’s largest Venture Capital transaction.

To view the full report, click here.