Dock Acquires BPP (Brazil Banking-as-a-Service Provider) to Expand BaaS and PIX Integrations

Dock Acquires Mexican Card Processor Cacao

December 7, 2021

Payments & Fintech

Dock, a Brazilian fintech infrastructure provider, has completed the acquisition of Cacao, a Mexican card processing solutions provider. The acquisition expands Dock’s footprint in Mexico and Latin America and brings Cacao’s card issuing and card management capabilities (over four million cards issued and 50+ clients) onto Dock’s integrated payments and banking platform.

TDR Capital IV Acquires BPP Holdings Ltd

July 6, 2021

Education

TDR Capital IV has completed the acquisition of BPP Holdings Ltd from Vanta Education Holdings Ltd. BPP is a leading UK-based provider of professional and vocational higher education, with strong corporate relationships and a broad portfolio of courses across law, accountancy, finance, digital analytics and nursing; TDR intends to scale the business and benefit from increased use of technology in education.

Patrol Protect Secure (PPS) Acquires JBM Patrol and Protection

March 13, 2019

Professional Services

Patrol Protect Secure (PPS), a security platform formed by Mangrove Equity Partners and Sunlake Capital, has acquired JBM Patrol and Protection Corp., a contract security provider operating in Wisconsin, Minnesota, Iowa and Tennessee. The deal facilitates founder Jim Mankowski's retirement and represents PPS's first add-on as it pursues a roll-up strategy to build a national contract security platform.

XP Inc. to Merge with Banco Modal S.A. (up to 100%)

January 7, 2022

Financial Services

XP Inc. signed a binding agreement to merge with Banco Modal S.A., paying up to 19.5 million newly issued XP Inc. Class A shares/BDRs for up to 100% of Banco Modal. The transaction will be implemented through a corporate reorganization resulting in a merger by an XP subsidiary (or, if reorganization consents are not obtained, a stock-for-stock acquisition of 55.7% plus a minority sell-right).

BPP Acquires Digital Marketing Institute

February 8, 2023

Education

BPP has acquired Digital Marketing Institute (DMI), a Dublin-founded provider of digital marketing training and a global certification standard, expanding BPP’s offerings into digital marketing education and direct-to-consumer online courses. The acquisition gives BPP ownership of a certification standard, access to a high-growth vertical and a new channel for online course provision to expand into new geographies and markets.

Hapag-Lloyd Acquires Stake in J M Baxi Ports & Logistics from Bain Capital Private Equity Affiliate

January 25, 2023

Logistics & Distribution

German shipping company Hapag-Lloyd has acquired the stake in Indian maritime logistics provider J M Baxi Ports & Logistics from a Bain Capital Private Equity affiliate. The sale, whose financial terms were not disclosed, transfers ownership following Bain's two-year investment that expanded J M Baxi's port capacity and logistics footprint across India. The transaction is subject to regulatory approvals.