Brazil's Patria buys 51% stake in credit rights firm Solis

Reuters
2025/11/26
Brazil's Patria buys 51% stake in credit rights firm Solis

SAO PAULO, Nov 25 (Reuters) - Brazilian investment firm Patria PAX.O said on Wednesday it agreed to purchase a 51% stake in Solis, a local firm focused on credit rights investment funds.

  • Financial terms were not disclosed.

  • The deal marks Patria's entry into the segment.

  • Under the deal, Patria will have the right to buy the remaining stake in Solis in three years.

  • Solis expects to end this year with 29 billion reais ($5.39 billion) in assets under management, up from 20 billion reais last year.

($1 = 5.3810 reais)

(Reporting by Alberto Alerigi Jr.; Writing by Andre Romani; Editing by Gabriel Araujo)

((Andre.Romani@thomsonreuters.com; 11 991314109;11 56447500;))

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