Brazilian Private Equity Firm Patria Investments Raises $118.27 Million in Secondary Offering for SmartFit Gym Chain
Brazilian private equity firm Patria Investments Ltd has raised 591.73 million reais ($118.27 million) in a secondary offering to sell shares in the popular local gym chain, SmartFit. This significant capital infusion highlights the continued growth and investor interest in the fitness industry in Brazil. Secondary Offering Details The secondary.