GP Investments Puts Up $225M For Slice Of Brazilian Retailer

Law360, New York (November 9, 2012, 3:14 PM EST) -- Top Latin American private equity firm GP Investments Ltd. leads a group of investors paying $225 million for a sizable minority interest in the Brazilian holding company that owns Centauro, the country’s leading sporting goods retailer, GP Investments said late Thursday.

The firm will cover $150 million of the total buy-in price with reserves from its GP Capital Partners V LP fund, it said, with the remaining amount coming from unnamed co-investors. After the deal, GP Investments will have a 30 percent stake in Grupo SBF,...
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