Treecorp has sold a stake in Ademicon to 23S Capital
Treecorp Investimentos has sold a stake in Ademicon to 23S Capital.
Ademicon is the largest independent consortium manager in Brazil, operating in the real estate and vehicle segments. Ademicon is the result of the merger between Ademilar and Conseg.
23S Capital is a private equity growth and expansion fund managed by Temasek Holdings and Votorantim. The fund is located in São Paulo and invest in companies in Brazil.
Treecorp Investimentos is a private equity firm that primarily invests in mid-sized companies in Brazil. The firm was founded in 2003 and is based in São Paulo. Treecorp Investimentos typically focuses on healthcare, financial services, education and consumer goods sectors. It provides capital and strategic support to its portfolio companies in order to help them grow and reach their full potential.
One of Oaklins’ teams in Brazil acted as financial advisor to Treecorp Investimentos in the transaction.
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