Nyx Participações S.A., a São Paulo, Brazil-based holding company controlled by Advent International-managed funds, acquired a minority equity interest in Easynvest, a fintech company focused on investments with a leading position in the country.
The financial terms of the deal, which is subject to the approval of the Central Bank of Brazil, were not disclosed. Following the close, Carlos Avian and the other current shareholders will remain as controlling shareholders of Easynvest.
Founded in 1968, Easynvest provides a platform for self-directed individuals can evaluate, compare and invest in a wide range of financial instruments, including public securities, private securities and mutual funds, as well as trade in equities, options and futures.
It offers online access to the stock exchange and mobile access to the fixed-income market to more than 150,000 active users and has over R$10 billion in assets under custody.