Veirano Advogados advised Grupo Laureate on the deal and Pinheiro Neto Advogados advised Grupo SER.
SER Educacional S.A. – through one of its subsidiaries – executed the acquisition of SODECAM – Sociedade de Desenvolvimento Cultural do Amazonas Ltda. -managing the Centro Universitário do Norte (UniNorte) – from Rede Internacional de Universidades Laureate Ltda.
The transaction enterprise value is R$ 194.8 million, which includes the assumption of net debt in the amount of R$ 9.8 million.
Pinheiro Neto advised Grupo SER on the acquisition with a team including Joamir Müller Romiti Alves (Picture), Elcio Aulicinio Borges and Pedro Henrique Geenen Cota.
Veirano advised the seller Grupo Laureate with a team including Roberto Rudzit Neto, Graziela Precoppe Pinto Lima Galves and Beatrice Blanchet.