Starting in 2005 and through the 2007-2008 financial crisis, PE investor activity continued to grow in Brazil. According to the PitchBook Platform, completed deals in the country jumped a rather noticeable 280% between 2005 and 2012. Growth rounds became the most prevalent deal type during that timeframe, peaking at roughly 60% of all transactions in 2012. Moving into recent years, PE activity in Brazil dropped over 18% between 2012 and the end of last year, with activity thus far in 2015 appearing to continue that downward trend. On an interesting note, the past few years have seen the popularity of growth rounds decline considerably as buyouts are now capturing the bulk share of deals.
Top PE investors in Brazil since the start of 2005 and their deal counts (incl. add-ons):