Vinci Partners agrees to acquire MAV Capital

Vinci Partners Investments announced an agreement to acquire MAV Capital, an alternative asset manager focused on the agribusiness segment in Brazil, with approximately R$550M in assets under management. “We are thrilled to announce this transaction and welcome the MAV team to our platform. We firmly believe that MAV’s exceptional team will be a great addition to the platform and will act as a powerful catalyst to solidify our presence in the agribusiness landscape” said Alessandro Horta, Vinci Partners’ Chief Executive Officer and Director. The Transaction will have an initial cash component, with an additional consideration in cash through an earnout structure to be paid in 2028, subject to the achievement of certain incremental management fee revenue targets. The Transaction is expected to close in the third quarter of 2024, subject to regulatory approvals and other customary closing conditions. The acquisition of MAV Capital is not expected to have a meaningful impact to the company’s short-term results.