Debevoise & Plimpton LLP in New York and Pinheiro neto Advogados in São Paulo have helped US private equity firm The Carlyle Group acquire a minority stake in the well-known Brazilian restaurant chain Madero.

Madero’s shareholders hired Machado meyer Advogados in São Paulo.

The deal was signed on 24 January. Carlyle bought a 23% stake in the restaurant chain for 700 million reais (US$182 million). Madero operates 140 restaurants across Brazil.

(Latin Lawyer)

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