Partners Group to invest in Brazilian sporting goods retailer SBF


Swiss alternatives manager Partners Group has agreed to invest in Brazilian sporting goods retailer SBF Group alongside local private equity firm GP Investments.

Founded in 1981 in the Minas Gerais state, SBF now manages more than 200 stores in the country under the brands Centauro, By Tennis, Nike Store and Almax.

Sebastião Bomfim Filho, the group’s founder, will retain a majority stake in the company and will remain as chairman and CEO.

Gonzalo Fernández-Castro, responsible for Partners Group’s private equity investments in Latin America, said, “We are pleased to support SBF’s team in continuing its success story.

“We believe SBF is uniquely positioned to benefit from the expanding middle classes in Brazil and from the upcoming sporting events taking place in the country, including the 2014 FIFA World Cup and the 2016 Summer Olympics.

In September,  Carlyle has bought a 60 per cent stake in Tok&Stok, Brazil’s largest specialty furniture retailer by sales.

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