BTG Pactual Invests in Addi
Simpson Thacher represented BTG Pactual as co-leading investor in a US$85 million Series D financing round of Adelante Financial Holdings Limited ("Addi"), a Colombian fintech.
Founded in 2018, Addi is the leading commerce and financial services platform in Colombia, with more than 3 million customers and over 39,000 merchants. The company drives everyday commerce by expanding access to credit and improving the payment experience.
BTG Pactual is the largest investment bank in Latin America and operates across several segments including Investment Banking, Corporate Lending and Business Banking, Sales and Trading, Wealth Management and Personal Banking and Asset Management.
The Simpson Thacher team included Grenfel Calheiros, Luiz Noronha and Aline Januario (M&A – São Paulo); and Amanda Allexon and James Fine (Regulatory).