Duppla, a Colombian startup specialising in alternative financing for home purchases, closed a new venture capital investment round of approximately US$60 million in debt and equity. The round was led by a Patria Investments fund and joined by Skandia Planeación Financiera, Cometa, Grupo Pegasus, Attom, Nazca and other national and international investors. Our engagement consisted of acting as led advisor for Duppla on the transaction, including the negotiation with the multiple participating investors and the drafting and negotiation of the transaction documents, including, among others, a Share Purchase Agreement, an Investors’ Rights Agreement, and amended and restated articles of association, through which Duppla will strengthen its financing capacity and accelerate the expansion of its “rent-to-own” model, while also reinforcing its residential income investment platform and advancing its expansion within the Colombian market.
Team:
Paola Valderrama – Partner
Tobias Kálnay – Senior Associate
Andres Pulido – Associate
Mariana Hincapie – Associate