Sale of Gávea minority stake in Chilli Beans
Olimpia Partners advised on this M&A (sell-side) transaction involving Gávea Investimentos and Chilli Beans, in the Consumer & Retail sector. Deal value: Confidential.
Exclusive financial advisor to Gávea Investimentos.
Gávea Investimentos & Chilli Beans
Consumer & Retail · M&A (sell-side) · Confidential
Case Study
• In March 2019, Gávea Investimentos concluded the sale of its minority stake in Chilli Beans
– Caito Maia, Chili Beans’ founder, reacquired the minority stake owned by Gávea Investimentos, which exited after the conclusion of the investment cycle from its fourth fund
• Founded in 1997 by Caito Maia, Chilli Beans sells eyewear, watches and accessories through a wide network of franchises, multi-brand stores and its e-commerce platform
– Chilli Beans is the national leader in the sunglasses market and the second largest company in the overall Brazilian eyewear market
Transactions