VCP III’s management team supported expansion of Domino’s in Brazil by opening new company-owned stores. Credit: Famartin on Wikimedia.

Brazilian alternative investment platform Vinci Partners Investments has agreed to sell Domino’s Brasil to BK Brasil, a master franchise for quick service restaurant (QSR) brands such as Burger King and Popeyes.

In 2018, Vinci Capital Partners III (VCP III), the third vintage of Vinci Partners’ Private Equity flagship strategy, acquired 100% stake of Domino’s Brasil.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Since then, VCP III’s management team has been supporting expansion in the country by opening new company-owned Domino’s Brasil stores as well as investing to enhance technology and consumer experience.

As part of the share swap transaction, VCP III will retain 16.4% of BK Brasil’s outstanding shares.

VCP III will also have the right to appoint two new board members, one of whom will be the new chairman of the company.

Completion of the deal is subject to shareholder and regulatory approvals but is expected to close this year.

Currently, Domino’s Brasil has the right to own, operate and sub-franchise stores under the Domino’s Pizza brand in Brazil.

Vinci Partners’ private equity partner, senior member and former Domino’s CEO Carlos Eduardo Martins said: “We are extremely proud with the story we built alongside the Domino’s team in less than three years.

“With VCP III’s investment, we were able to significantly expand the company’s brand footprint, growing store count by almost 50%, consolidating its position as the leading company in the pizza foodservice market and home-delivery channel in Brazil.

“We believe the partnership with BK Brasil will allow the company to continue its growth trajectory, now as part of the leading QSR player in the country. We look forward to partnering with BK Brasil’s management team and board to continue to generate value in our investment.”