Arco Platform’s $112 Million Shares Offering


Davis Polk advised Arco Platform Limited on the offering.

Arco Platform Limited executed its SEC-registered follow-on offering of an aggregate of 2,500,000 Class A common shares issued and sold by Arco at a price per Class A common share of $44.80. The Class A common shares are listed on the Nasdaq Global Select Market under the symbol “ARCE.”

Headquartered in São Paulo, Brazil, Arco provides a pedagogical system with technology enabled features to deliver educational content to private schools in Brazil. Arco’s turnkey curriculum solutions provide educational content in both printed and digital formats delivered through its platform to improve the learning process.

The Davis Polk capital markets team advising Arco Platform Limited included Manuel Garciadiaz (Picture) and Konstantinos Papadopoulos. The tax team included Mario J. Verdolini, Elina Khodorkovsky and Dov Sussman. Sarah E. Kim and Brantley Hawkins provided 1940 Act advice.

Involved fees earner: Manuel Garciadiaz – Davis Polk & Wardwell; Brantley Hawkins – Davis Polk & Wardwell; Sarah Kim – Davis Polk & Wardwell; Konstantinos Papadopoulos – Davis Polk & Wardwell; Dov Sussman – Davis Polk & Wardwell; Mario Verdolini – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: Arco Platform Ltd;

Author: Ambrogio Visconti.