Track record

Praxys transactions since 2005 and the partners’ experience before and outside the firm — ports, highways, energy, water and real estate, in Brazil and abroad.

01

Praxys transactions


Mandates led by Praxys. A selection: the full list, by sector and period, is available on request. Ongoing mandates are not disclosed, except for what is already public.

Ongoing

2.5 M TEU

initial phase, from 2030

Porto Central — container terminal

Commercial and financial structuring

In April 2025, Praxys signed a memorandum of understanding with Porto Central (Presidente Kennedy, Espírito Santo) to bring to life one of the largest container terminals in Latin America: 2.5 million TEU in the initial phase, from 2030, and 6 million TEU in later phases. Praxys is responsible for the commercial and financial structuring of the terminal.

Ports & logisticssince 2025

US$ 786 M

Embraport — Santos container terminal

Financial advisor

Financial advisor to Embraport from 2005 through the financial close of the US$ 786 million project finance with the IDB (2011), across the terminal’s shareholding history — with the original sponsor, Coimex, and later with Odebrecht TransPort and DP World.

Scope of the mandate
  • Debt: US$ 786 million project finance with the IDB, commercial banks and CEF/BNDES co-financing (2011)
  • Equity: financial modelling, valuation and direct participation in negotiations with local and international investors and operators
  • Sale of a 54% stake to Odebrecht and DP World — R$ 515 million
  • Sale of a 33% stake to FI-FGTS — R$ 462.5 million
  • Sale of a 3% stake to Odebrecht TransPort — R$ 60 million
  • Odebrecht TransPort × Coimex put/call: jointly appointed by both parties to determine the option strike price and close the transaction

Transaction awards: Americas Transport Deal of the Year 2011 (Project Finance International) · Latin American Transport Deal of the Year 2011 (IJGlobal) · Project Finance Deal of the Year (Latin Lawyer).

Ports & logistics2005 – 2014

Undisclosed

Tanesfil — valuation

Valuation

Economic and financial valuation of Tanesfil, a manufacturer of road tankers for asphalt, vegetable oils and corrosive products, in operation since 1974.

Industry2024

Undisclosed

BR-040 — highway concession

Financial advisor

Financial advisory to Opportunity on the BR-040 federal highway concession.

Highways & concessions2024

Undisclosed

Tegma — acquisition valuation and tenders

Ongoing financial advisor

Ongoing financial advisory to Tegma over eight years, covering the valuation of acquisition targets and advisory on bidding processes in the logistics sector.

Ports & logistics2015 – 2023

Undisclosed

Investment opportunity screening — Coimex

Ongoing advisory

A four-year standing mandate for the Coimex Group covering the identification, screening and economic and financial analysis of investment opportunities, supporting the group's capital allocation decisions.

Infrastructure2018 – 2022

Undisclosed

Prospex — buy-side investment analysis

Buy-side advisor

Buy-side investment analysis, for a São Paulo family office, on two technology targets: Prootos and Aurratech — the latter holding the FIP industrial disinfection technology for the food and beverage chains.

Technology2017 – 2019

Undisclosed

Alpop — financial model and valuation

Financial modelling and valuation

Development of the financial model and valuation of Alpop, a rental-housing fintech serving tenants without formal proof of income.

Technology2018 – 2019

R$ 130 M

Hydraulic systems — disruptive technology

Exclusive M&A advisor

Exclusive advisory to Grupo Nema on an M&A transaction involving patented technology applied to hydraulic systems.

Technology2019

Undisclosed

Energy project — Paraguay / Itaipu

Financial advisor

Financial advisory to BTG Pactual on a power generation and trading project in Paraguay, linked to Itaipu.

Energy2019

Undisclosed

Hydropower plant on the Madeira River

Economic and financial analysis

Economic and financial analysis of a hydroelectric plant on the Madeira river, under technical subcontracting by Campos Inovação.

Energy2017

Undisclosed

Service stations on toll highways

Financial advisor

Financial advisory to RBR on the development of service stations along tolled highways.

Highways & concessions2017

Undisclosed

Public lighting PPP — Vitória (ES)

Financial advisor

Financial advisory to Engeluz on the public-private partnership for the street lighting network of the city of Vitória, in the state of Espírito Santo.

Infrastructure2015 – 2016

R$ 270 M

Encalso/Damha Group — dividend-backed preferred shares

Financial advisor to Encalso

Structuring of R$ 270 million in preferred shares issued by a shareholder vehicle, backed by dividends from a toll-road concession, with an international investment bank. Five-year tenor. Disbursed in September 2015, days after S&P downgraded Brazil.

Highways & concessions2014 – Sep 2015

Undisclosed

Ecoporto Santos — EcoRodovias

Financial advisor

Financial advisory to EcoRodovias on the Ecoporto terminal, at the Port of Santos, in the state of São Paulo.

Ports & logistics2015

Undisclosed

Construtora Norberto Odebrecht

Ongoing financial advisory

Standing financial advisory attached to the contractor's construction contracts over a four-year period — the firm's longest-running mandate of that cycle.

Infrastructure2011 – 2014

R$ 1.5 bn

Goiânia light rail (VLT) — CR Almeida

Bidding process advisory

Financial advisory to CR Almeida on the bidding process for the Goiânia light rail / monorail project, in the state of Goiás.

Urban mobility2013 – 2014

Undisclosed

Tecone — liquid bulk terminal, Suape (PE)

Financial advisor

Financial advisory to Tegma on the Tecone liquid bulk terminal, at the Suape Industrial and Port Complex, in the state of Pernambuco.

Ports & logistics2014

Undisclosed

Rodoanel Oeste (São Paulo ring road)

Financial advisor

Financial advisory on the western section of the Rodoanel Mário Covas ring road, in the state of São Paulo.

Highways & concessions2014

Undisclosed

Sanitation plan — Petrolina (PE)

Specialised technical services

Preparation of the water and sanitation master plan for the municipality of Petrolina, in the state of Pernambuco.

Water & sanitation2010

02

Partners’ experience


Projects led by Alexandre and Raphael Vilardi before or outside Praxys — part of the knowledge base the firm applies today.

R$ 1.6 bn

TCP Paranaguá — M&A

M&A advisor

Advisory on the transaction of South America's largest container terminal.

Ports & logistics2013

Undisclosed

Odebrecht TransPort — port sector M&A

Business development

Execution and analysis of acquisitions across the Brazilian port sector:

Scope of the mandate
  • Acquisition of the Nascon liquid bulk terminal (ES) — valuation, negotiation of the shareholders' agreement and transaction documents through to completion
  • Acquisition of stakes in Embraport (3.0% and 63.7%)
  • Acquisition analysis for the Wilson Sons container terminals (Salvador/BA and Rio Grande/RS), Multiterminais (RJ), Libra (RJ) and Itapoá (SC)
  • Analysis of the Tecone Suape liquid bulk terminal, the Agrovias sugar export terminal (Suape/PE) and TLP-Lajes (Manaus/AM)
  • Bid for the Paranaguá vehicle terminal concession (PR)
  • Iron ore terminal (later Porto Central) and oil and fuel terminal at Porto do Açu (RJ)
  • Feasibility studies: Porto de Pontal (PR) for EcoRodovias and OTP, and the second container terminal at Suape (PE)

Ports & logistics2010 – 2012

Undisclosed

CCR — Companhia de Concessões Rodoviárias

Business plan

Acted as representatives of OSI — Odebrecht Serviços de Infraestrutura, alongside McKinsey & Company and representatives of Camargo Corrêa and Andrade Gutierrez, in developing the business plan for the creation of CCR.

Highways & concessions2008

R$ 2.0 bn

Praia do Paiva — CNO and Grupo Brennand

Financial advisor

Economic and financial feasibility assessment of the Hotel-Spa, Condo-hotel and Marina within Phase 1 of the Praia do Paiva tourism and real estate development, in Cabo de Santo Agostinho (PE). Support in the negotiations with the State of Pernambuco that resulted in Brazil's first public-private partnership, a cornerstone of the project's viability.

Real estateOct 2006

US$ 500 M

Rio Sport Plaza consortium

Business plan and capital structure

Development of the business plan for the consortium formed by Camargo Corrêa, CNO and others: economic and financial feasibility analysis, capital structure design, financial modelling and valuation of the various components to secure funding.

Real estateSep 2005

US$ 500 M

Oeste Vias — Portugal

Project Finance coordination

Coordination of the Project Finance structuring with the European Investment Bank (EIB) and private banks, for the BPC — Bento Pedroso Construções consortium.

Highways & concessions1997 – 1998

US$ 180.5 M

Acesso Oeste — Argentina

Project Finance structuring

Structuring of the Project Finance transaction for the Acceso Oeste highway concession, in the Buenos Aires metropolitan region.

Highways & concessionsJan 1997

US$ 250 M

Xe-Kaman hydropower plant — Laos / Thailand

Economic and financial assessment

Economic and financial assessment and initial funding search for a 250 MW hydroelectric plant in Laos, with power destined for Thailand.

Energy1997

Undisclosed

Águas de Limeira concession

Financial advisor on the bidding process

Financial advisory on the bidding process for the Limeira (SP) water and sanitation concession, one of Brazil's earliest full sanitation concessions.

Water & sanitationJul 1995

Who we work with


Clients who have hired Praxys and the lending institutions present in the transactions.

Clients

  • Porto Central
  • Embraport
  • Coimex
  • Odebrecht
  • DP World
  • Encalso / Damha
  • EcoRodovias
  • BTG Pactual
  • Opportunity
  • Tegma
  • CR Almeida
  • Engeluz
  • Grupo Nema
  • RBR
  • Alpop
  • Prospex
  • Campos Inovação
  • Tanesfil

Lending institutions in the transactions

  • IDB
  • BNDES
  • Caixa Econômica Federal
  • FI-FGTS
  • European Investment Bank

Let's talk about your project

Whether you are structuring an infrastructure project, evaluating an acquisition or redesigning the capital structure of a business, we start by understanding the case.

Contact the partners