We advised the joint bookrunners on the IPO and São Paulo Stock Exchange listing

Davis Polk advised the joint bookrunners in connection with the initial public offering by BR Advisory Partners Participações S.A. of 22,750,000 units for an aggregate amount of approximately R$364 million. The units trade on the São Paulo Stock Exchange. The securities sold in the international offering were placed under Rule 144A and Regulation S.

BR Partners is an independent Brazilian investment bank managed by executive partners and is considered a leader in the provisions of financial advisory and capital markets services. BR Partners offers high value-added financial products and services to a diversified base of regional and global clients, including large companies, institutional investors and high net worth individuals.

The Davis Polk corporate team included Manuel Garciadiaz, Elliot M. de Carvalho and Cesar Fischer. The tax team included Ethan R. Goldman and Benjamin Helfgott. The ERISA team included Charles Shi. Members of the Davis Polk team are based in the São Paulo and New York offices.