Deal sheet
- Sector
- Telecom
- Mandate
- Sell-Side
- Year
- 2021
- Country
- Brazil
Light Wave Capital acquired a stake in Nova.
JK Capital acted as exclusive financial advisor to Nova.
About the deal
About Nova Telecom
Nova Telecom is a regional internet provider (ISP).
About Light Wave Capital
Light Wave Capital, from Florianópolis, is a manager created with capital from American, European and Brazilian institutional investors to consolidate internet providers, with up to R$150 million to be disbursed in ISPs.
Transaction rationale
This operation aims to consolidate regional internet providers through a dedicated vehicle.