What we do

We act as principal or as advisor.

We acquire or engage in assets with transformation potential, create value from the inside and monetize the result.

How we engage

As principal

Full cycle

We acquire debt owed by the company and convert it into equity. With control of the capital, we appoint the executives, follow the transformation closely and realize the value created, preferably through M&A, and also through capital markets or alternative structures.

As advisor

Transformation stages

Companies, shareholders or creditors engage us for interim management and transformation, optimization of financing structures and strategic repositioning.

Both formats are flexible and can be tailored case by case.

The cycle

From acquisition to monetization.

  1. As principal

    Acquisition

    Assets with transformation potential, through the purchase and conversion of debt.

    • Debt acquired at a discount
    • Debt-to-equity conversion
    • Leveraged structures
  2. As principal or advisor

    Interim management and strategic and operational transformation

    Senior executives inside the company to stabilize and transform.

    • Interim CEO, CRO, CFO or COO
    • Transformation PMO
    • Cash and suppliers
  3. As principal or advisor

    Financial restructuring

    Redesign and implementation of a new capital structure.

    • Liquidity and business plan
    • Optimization of capital structure and cost of debt
    • Financing for transformation and growth
  4. As principal or advisor

    Strategic repositioning

    Transactions that unlock value and simplify the perimeter.

    • Non-core assets
    • Carve-outs
    • Fundraising with investors
  5. As principal

    Monetization

    Realization of the value created, preferably through M&A.

    • Strategic or financial sale
    • Capital markets
    • Other structures, such as dividend flow, participating debentures, redeemable shares, etc.
Value creation

We create value from the inside.

  • Strategic redesign
  • Revenue
  • Costs
  • Financing structure
  • Governance
  • Hands-on execution
Focus sectors

Initial focus, based on the partners' accumulated experience.

Telecommunications
Electric power
Infrastructure
Maritime
Retail
Healthcare
Oil and gas (E&P)
New sectors

New sectors may be added as the team is complemented with professionals from diverse backgrounds.

When needed, we expand delivery capacity through a network of legal, operational, capital and sector partners.

Partners' track record

Experience built at

  • Americanas
  • Oi
  • V.tal
  • TIM
  • Terna
  • Multiner
  • Norte Energia

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