Nubank’s Acquisition of Easynvest

Ogier acted as Cayman Islands counsel to Advent International Corporation, one of the largest global private equity firms and one of the most successful venture capital investors in tech businesses, on the cash-and-stock sale to NuBank of its controlling stake in EasyInvest.

Nu Pagamentos SA, the Brazilian digital bank operator, it has struck a deal to acquire Easynvest, a digital investment platform.

Advent International Corp. is selling its stake in Easynvest as part of the deal. The private equity firm, along with other Easynvest shareholders, will become investors in Nubank.

EasyInvest is the largest digital broker in Brazil, with over 1.5 million customers, and Brazil-based NuBank is the largest Fintech in Latin America. The acquisition was a significant step for Nubank in the Brazilian investment market, turning it into a full-service financial platform.

The Ogier team advising on the corporate aspects of the deal included partner Giorgio Subiotto (Picture), senior associates Michael Robinson and Tommy Tuohy, and foreign associate Johnatan Maranhao.

Involved fees earner: Johnatan Maranhao – Ogier LLP; Michael Robinson – Ogier LLP; Giorgio Subiotto – Ogier LLP; Tommy Tuohy – Ogier LLP;

Law Firms: Ogier LLP;

Clients: Advent International;


Author: Ambrogio Visconti.