by Lulu Rumsey

Machado, Meyer, Sendacz e Opice Advogados has helped a Brazilian private equity fund controlled by US investor Capital Group acquire a 31 per cent stake in Burger King´s master franchisee in Brazil.

The deal closed on 8 August and is valued at 457 million reais (US$142 million). The fund, named Montjuic, made a capital injection of 350 million reais (US$108 million) in the franchisee, as well as purchasing a stake worth 107 million reais (US$33 million).

Montjuic bought a share of BK Brasil Operação e Assessoria a Restaurantes from majority shareholder Vinci Partners. The Brazilian private equity company hired Lobo & de Rizzo Advogados for the sale. The same firm also advised Burger King Corporation on the shareholder change.

Lefosse Advogados advised a subsidiary of Singaporean investment fund Temasek, which is also a shareholder of BK Brasil.

BK Brasil owns and operates the Burger King chain in Brazil and provides operational services to other franchisees in the country.

The deal will finance Burger King´s expansion in Latin America´s largest market. The fast food restaurant is the fourth largest such chain in Brazil, behind Subway, McDonald´s and Bob´s. Vinci has owned BK Brasil since 2011.

Counsel to Capital Group

Machado, Meyer, Sendacz e Opice Advogados

Partners Adriana Pallis and Tiago Espellet Dockhorn, and associates Cristiana Rebelo Wiener, Marcela Maldonado Novaes Romeu, Joao Guilherme Soggio Gomes de Oliveira and Isabela Cruz Sanchez

Counsel to Vinci Partners, BK Brasil Operação e Assessoria a Restaurantes and Burger King Corporation

In-house counsel to BK Brasil Operação e Assessoria a Restaurantes - Fabio Chaves Alves

Lobo & de Rizzo Advogados

Partners Rodrigo Millar de Castro Guerra and Otávio Lucas Solano Valério, and associates George de Magalhães Carvalho and Renato Vasconcellos de Arruda Filho

Counsel to Temasek

Lefosse Advogados

Partners Christian Roschmann and Gustavo Haddad, counsel Lilian Toscani and associates Pablo Arana, Gustavo Paes, Luana Torres and Analicia Calil

(Latin Lawyer - 01.09.2016)

(Notícia na íntegra)