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VINP - Vinci Capital Partners acquires Farmax a leading Brazilian cosmetics platform
Vinci Partners Investments Ltd.
Vinci Partners Investments' (NASDAQ:VINP) Vinci Capital Partners III announces acquisition of Farmax, a Brazilian company operating in the cosmetics and personal care industry. This transaction marks company's fifth investment, resulting in a 61.3% cumulative gross allocation of the fund’s total capital commitments and a 71.1% allocation including incurred expenses. The fund was marked at a 50.6% gross IRR in BRL and 25.7% in USD at the end of Q1 2021.