GIC Pte. Ltd. acquired 40% stake in Cruzeiro do Sul Educacional S.A. from Actis Emerging Markets 3 LP managed by Actis LLP and Padovese Family and Figueiredo Family.
January 19, 2017
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GIC Pte. Ltd. signed an agreement to buy 40% stake in Cruzeiro do Sul Educacional S.A. from Actis Emerging Markets 3 LP managed by Actis LLP and Padovese Family and Figueiredo Family for BRL 500 million on December 23, 2016. Actis LLP will sell it's 37% stake in Cruzeiro do Sul Educacional S.A. The final price is pending the forecast for the EBITDA to reach some BRL 200 million in 2016. As of December 31, 2015, Cruzeiro do Sul Educacional S.A. reported total income of BRL 81 million. Banco Morgan Stanley S.A. acted as the Financial Advisor for Cruzeiro do Sul Educacional S.A.
GIC Pte. Ltd. completed the acquisition of 40% stake in Cruzeiro do Sul Educacional S.A. from Actis Emerging Markets 3 LP managed by Actis LLP and Padovese Family and Figueiredo Family on January 20, 2017. Mattos Filho, Veiga Filho, Marrey Jr. y Quiroga, Pedro Whitaker de Souza Dias, Sabrina Naritomi, Andrea Bazzo Lauletta, Renata Fonseca Zuccolo Giannella, Amanda Felten de Caires, Tomás Machado de Oliveira, Guilherme da Cunha Andrade Maranhão, Patricia Travassos Marto and Nicholas David Myers of Mattos Filho, Veiga Filho, Marrey Jr. e Quiroga Advogados acted as legal advisiors to Cruzeiro do Sul Educacional S.A. and Actis LLP. Machado Meyer, Sendacz y Opice, Guilherme Bueno Malouf, Maria Eugênia Novis, Celso Costa, Luciana Costa Engelberg, Camila Borges Leão, Joao Guilherme Soggio Gomes De Oliveira, Marcela Medeiros de Carvalho and Sergio Jacintho Guerrieri Rezende Filho of Machado, Meyer, Sendacz e Opice acted as a legal advisors to GIC Pte. Ltd. Carlos Mello, Mirella Abe and Fernando Rodrigues of Lefosse Advogados acted as legal advisors to Padovese Family and Figueiredo Family.
Oncoclinicas do Brasil Servicos Medicos SA is a Brazil-based company primarily engaged in the education services. The Company is an operator of universities in the domestic market. Cruzeiro do Sul Educacional SA provides the knowledge, skills, and habits for its clients through teaching, training and research services. The Company operates through Colegio Cruzeiro do Sul (SP-SP), Universidade Cruzeiro do Sul (SP-SP), Centro Universitario Modulo (Caraguatatuba-SP) and the Centro Universitario do Distrito Federal (DF). The company holds interest in a number of subsidiaries, such as Centro de Quimioterapia Antiblastica e Imunoterapia SA, and Centro Mineiro de Infusoes SA.
GIC Pte. Ltd. acquired 40% stake in Cruzeiro do Sul Educacional S.A. from Actis Emerging Markets 3 LP managed by Actis LLP and Padovese Family and Figueiredo Family.
CRUZEIRO DO SUL EDUCACIONAL S.A. 
