Pinheiro Neto acts on both sides of the deal between Nubank and Easynvest
Pinheiro Neto Advogados acted on both sides of the deal advising Nubank, and to Funds managed by Advent International (American private equity firm) among other shareholders (founders of Easynvest)
Nubank has acquired the Brazilian brokerage Easynvest, the largest independent digital broker in the Brazilian market, with 1.5 million clients. The acquisition is part of Nubank’s plan to become a full-service financial provider.
The value of the transaction was not disclosed. The transaction was partly in cash and partly in shares (cash and stock transaction). Thus, as part of the transaction, Easynvest shareholders will receive shares of Nubank.
The acquisition of Easynvest was approved by the Brazilian Central Bank and Cade.
Pinheiro Neto Advogados advised Nubank with partner Bruno Balduccini (pictured left), Jorge N. F Lopes, senior associate Raphael Palmieri Salomão, Milena Casado de Oliveira. Associate Marcelo Junqueira de Mello, Carolina Rocha Lima, Fernão Mesquita, and intern Julia Orsi.
Pinheiro Neto assisted Advent and other Sellers with partner Fernando Mirandez Del Nero Gomes (pictured right), Flávio Veitzman, senior associate Tiago Eler Silva, Vinícius Pimenta Seixas. Associate Ana Paula von Gusseck Kleindienst Ferreira, Ana Cristina do Val Fausto and interns Safira Lee and Mariana Feliciano Santos.
