Morrison & Foerster advised SoftBank Latin America Fund, Riverwood Capital, Igah Ventures, and Volpe Capital in connection with their investments in CRM&BONUS's R$280 million financing round. CRM&BONUS is a Brazilian-based platform that allows real-time control of giftback delivery to consumers.
CRM&BONUS revolutionized the giftback market in Brazil and serves more than 12,000 physical stores and e-commerce companies in Brazil and Portugal. The funding round, which values the company at R$1 billion, will help the company accelerate its global expansion plans and consolidate its position as the leading giftback platform in Brazil.
The MoFo deal team representing the investors in connection with the financing round was led by Miami-based Latin America Desk co-chair Randy Bullard, together with corporate partner Juan Delgado, and associates Axel Miranda and Astrid Muharram.