CORE has advised Arrow Treasure and Archery Global with regards to their investment in InfracommerceCore Finance has provided capital and strategic advisory to Arrow Treasure and Archery Global, two major family offices, with regards to their investment in Infracommerce, one of the leading e-commerce platform companies in Brazil.
Infracommerce is e-commerce platform providing technology, marketing, logistics and payments for brands interested in selling online, often dubbed as Shopify of Brazil. Infracommerce has seen a boom in demand for its services amid COVID-19 lockdowns. It operates in Mexico, Colombia, Chile and Argentina, besides Brazil.
Founded by German Kai Schoppen in 2012, Infracommerce has among its partners venture capital funds Flybridge Capital Partners and Igah Ventures, formerly e.Bricks Ventures. The company recently raised R$870 million ($162m USD as of 04 May 2021) and the funds raised by Infracommerce's offer will be used by the company for potential strategic acquisitions to expand its technological and logistical offer, in addition to investments in Capex, research and development, commercial expenses and payment of debts.
This represents Core Finance's 9th transaction in the last 12 months.