The company intends to use the amount to further enhance its next phase of growth. With this transaction, Warburg Pincus is the largest shareholder of Contabilizei, acquiring stakes from venture capital funds that had invested in Contabilizei starting in 2014, including Kaszek.
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Warburg Pincus buys minority stake in Contabilizei for $125m
With the investment, Warburg Pincus now has a portfolio of 11 Brazilian companies, 8 of which are in the technology sector.
