Monday, 27th February 2012 by Marieke Breijer

Mundie e Advogados has helped an investment fund managed by Vinci Capital acquire a stake in Brazilian chain store Le Biscuit.

Le Biscuit, a retailer selling home utilities, school supplies and haberdashery, is owned by the Sant’Anna family, who took counsel from Machado, Meyer, Sendacz e Opice Advogados in the US$160 million deal signed on 2 February.

The capital injection, which was negotiated over a period of six months, will be used to facilitate the company’s expansion. Founded 44 years ago, Le Biscuit has 20 stores in Brazil and is expecting to open at least 12 more this year.

Vinci Capital has been active since 2009, and has made some big investments since its creation. Last year, the fund became master franchisee of Burger King’s Brazilian restaurants through a joint venture agreement executed with the help of Lobo & de Rizzo Advogados and Wachtell, Lipton, Rosen & Katz. Machado Meyer acted for the fast food chain in that deal.

Counsel to Vinci Capital

Mundie e Advogados

Partners Rodolpho de Oliveira Franco Protasio and Patrícia Nakahara and associates Mário Fioratti Neto and Juliana Kolonko Ferrara Freitas

Counsel to the Sant’Anna family

Machado, Meyer, Sendacz e Opice Advogados

Partner Mauro Cesar Leschziner and associates Elisa Gantois Novis, Natalia Teixeira Rabaca and Daniela Valente Junqueira Ayres

(Latin Lawyer 27.02.2012)

(Notícia na Íntegra)