Eletromidia (H.I.G. Portfolio) Acquires Elemidia

February 4, 2020

Eletromidia S.A., a portfolio company of H.I.G. Capital, has completed the acquisition of Elemidia S.A., combining their out-of-home (OOH) advertising networks to create the leading OOH player in Brazil. The combined business will operate over 50,000 panels (approximately 70% digital), broadening coverage across transportation, airports, shopping malls, streets, and residential/commercial buildings and supporting an ambitious growth strategy.

Buyers
Eletromidia S.A., H.I.G. Capital, LLC
Targets
Elemidia S.A.
Sellers
Elemidia's former shareholders
Platforms
Eletromidia S.A.
Location
São Paulo, Brazil
Transaction Type
Addon

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