Brazil-Based Celcoin Acquires VERT Capital

Gunderson Dettmer represented Celcoin, a financial services infrastructure tech company, in its acquisition of VERT Capital, a provider of credit market services. 

Celcoin’s existing credit business provides infrastructure for originating, formalizing and operationalizing transactions, serving hundreds of clients and processing more than R$1 billion per month. Through the acquisition, Celcoin is expanding into capital markets, a new vertical for the company.

In a news article profiling the acquisition, Celcoin CEO Marcelo França explained that with this move, Celcoin will be able to compete with other well-known names in the market. 

The Gunderson deal team was led by Adan Muller and Eduarda Tavares and included Lily Kim and Morgan Otway.