Debevoise & Plimpton LLP in New York and Pinheiro Neto Advogados in São Paulo have helped US private equity firm The Carlyle Group acquire a minority stake in the well-known Brazilian restaurant chain Madero.
Madero's shareholders hired Machado Meyer Advogados in São Paulo.
The deal was signed on 24 January. Carlyle bought a 23% stake in the restaurant chain for 700 million reais (US$182 million) through a Madrid-based fund. Madero operates 140 restaurants across Brazil.
This is the first time in two years Carlyle has made an investment in the country. The firm controls the Brazilian toy retailer Ri-Happy, which is now preparing its IPO, and owns furniture retailer Tok&Stok.
Counsel to Carlyle
In-house counsel - Louise Dumican
Debevoise & Plimpton LLP
Partners Maurizio Levi-Minzi and Peter Furci, and associates Thomas Lopez and Rafael Thor in New York
Pinheiro Neto Advogados
Partners Henry Sztutman, Celso Mori, José Alexandre Buaiz Neto, Mario Panseri Ferreira, Cristianne Saccab Zarzur and Giancarlo Matarazzo, and associates Thiago José da Silva, Marcelo Rodrigues and Antonio Siqueira Filho in São Paulo
Counsel to Madero
In-house counsel - Hianaê Schramm and Bruna Aioroldi
Machado Meyer Advogados
Partners Eduardo Castro and Elie Jaques Sherique, and associates Bianca Telles Menchise, Igor Marcell Ramos Finzi, Luiz Fernando Faia Mascaro and Murilo Bertoldi Filho