Demarest advise Baycap on the structuring of IORQ
Demarest advised the partners of Baycap Gestão de Recursos on the structuring of IORQ, a white-label credit platform designed to broaden access to financing for Brazilian companies by leveraging technology to deliver more cost-efficient solutions.
The transaction included a BRL 35 million funding round led by venture capital firms Monashees and Upload Ventures, with additional participation from ONEVC and Norte.
As part of the deal, the group also acquired Quatá Investimentos, an asset management firm with over 16 years of experience in corporate credit, having originated more than R$ 15 billion through instruments such as FIDCs.
Demarest relied on partners Beatriz Seixas (pictured top left), Juliana Maluf (pictured top right), associates Hector Caires, Isabella Koshiyama.
Machado Meyer advised Quatá Investimentos and relied on partner Dianna Henne (pictured bottom left), lawyers Lais Lopes Longuini, Marina Ourives Garcia.
Nelson Mullins also advised the same partie and relied on partner Leandro Molina, associates Rebecca Lester.
Pinheiro Guimarães advised Upload Ventures and relied on partners Fábio Yanitchkis Couto (pictured bottom right), Renato Ruschi and lawyer Henrique Swenson Israel.
Foley & Lardner also advised the same partie and relied on partner Andre Thiollier and associate Trevor Mullin.
