Investment Summary

General Atlantic Invests In Locaweb

On May 18, 2022, growth capital firm General Atlantic invested in internet software and services company Locaweb

Investment Highlights
  • This is General Atlantic’s 70th transaction in the Internet Software and Services sector.
  • This is General Atlantic’s 15th transaction in Brazil.

Investment Summary

Date 2022-05-18
Target Locaweb
Sector Internet Software and Services
Investor(s) General Atlantic
Deal Type Stake Purchase

Target

Locaweb

Sao Paulo, Brazil
Locaweb is a provider of Webhosting and cloud computing services to small/medium businesses. Locaweb was founded in 1998 and is based in Sao Paulo, Brazil.

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Investor(S) 1

Investor

General Atlantic

Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1980
PE ASSETS 73.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

General Atlantic is a large private equity firm that invests globally in growth-oriented public and private companies. Broad areas of interest include financial services, media and consumer, healthcare, enterprise solutions, communications and electronics, and energy. General Atlantic looks to invest $40 to $400 million in transactions that support growth, expansions, buy-outs, consolidations and build-ups. General Atlantic seeks to make 8 to 12 investments per year with an investment horizon of five to ten years. The Firm's geographic coverage spans North America; Europe; Asia/Pacific; and India. General Atlantic was formed in 1980 and is based in Greenwich, Connecticut.


DEAL STATS #
Overall 323 of 344
Sector (Internet Software and Services) 70 of 74
Type (Stake Purchase) 35 of 38
Country (Brazil) 15 of 18
Year (2022) 16 of 22
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-10 Talos

New York, New York, United States

Talos is a provider of institutional digital asset trading technology. Talos platform is trusted by the most sophisticated market participants and their end clients for its performance, reliability, and security. Its growing network of services – trading platform, marketplace, data and analytics, and portfolio and settlement tools, all offered directly or through service providers on a white-label basis – enable clients of all types to transact end-to-end without concern for unnecessary intermediary risk or potential conflicts of interest. Talos was founded in 2018 and is based in New York City.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-31 Ultima Genomics

Newark, California, United States

Ultima Genomics focuses on developing next-generation genome sequencing technology for the high-volume research and clinical markets. Ultima Genomics was founded in 2016 and is based in Newark, California.

Buy -