Tauil & Chequer Advogados advised Monte Equity Partners on the sale of Monte Rodovias to Macquarie for BRL 2 billion

Tauil & Chequer Advogados in association with Mayer Brown advised advised Monte Equity Partners—a private equity fund focused on real infrastructure assets—on the sale of 100% of the shares of Monte Rodovias and its subsidiaries to Macquarie Asset Management. The transaction has a total value of approximately BRL 2 billion and is subject to the typical conditions precedent of the sector and the approval of government authorities.

Montes Rodovias S.A. is the holding company that controls the concessionaires Bahia Norte (CBN) in Bahia, and Rota do Atlântico (CRA) and Rota dos Coqueiros (CRC) in Pernambuco, which together total 182 kilometers. This acquisition marks Macquarie Asset Management’s first investment in the Brazilian highway sector.

The transaction was led by partner Bruno Werneck, with the participation of associates Juliana Ungefehr and Sarah Ferreira, all from the Corporate and Mergers & Acquisitions practice.