Acquisitions in Buenos Aires, Argentina

Adecoagro S.A. completed the acquisition of Profertil S.A., agreeing to purchase the remaining 50% stake from YPF S.A. after closing the purchase of Nutrien’s 50% stake. The transaction leaves Adecoagro as controlling shareholder with 90% of Profertil’s equity, with Asociación de Cooperativas Argentinas (ACA) retaining 10%, for an aggregate consideration of approximately US$1.1 billion for Adecoagro’s stake.

Centroid Systems, a VSS Capital-backed cloud services and technology provider based in Troy, Michigan, has acquired Qbit, an Oracle partner headquartered in Buenos Aires. The add-on expands Centroid's application and infrastructure managed services capabilities and broadens its geographic footprint across Argentina, Chile and Peru; financial terms were not disclosed.

Cerberus Sentinel (NASDAQ: CISO), a managed cybersecurity and compliance provider based in Scottsdale, Arizona, has signed a definitive agreement to acquire RAN Security, a Buenos Aires–headquartered cybersecurity firm with offices across Chile, Peru, Bolivia, and Paraguay. RAN Security will become a wholly owned subsidiary as Cerberus expands its SOC/managed detection and response capabilities and accelerates its growth strategy in Latin America.

L Catterton announced a $150 million private placement of non-convertible preferred stock plus warrants in Despegar.com, the leading online travel agency in Latin America. The minority growth investment is intended to support Despegar's regional leadership, operational improvements and strategic initiatives as travel recovers.