# TMG Capital

TMG Capital is a Private Equity based in Sao Paulo, Brazil.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Sao Paulo, Brazil
- **Region:** Latin America
- **Address:** Sao Paulo, Brazil
- **Founded:** 1997
- **Assets under management:** Undisclosed
- **Website:** tmg.com.br
- **LinkedIn:** https://www.linkedin.com/company/tmg-capital

## Regulatory record

- **Reports private funds:** No

## About

TMG Capital is a Brazilian company founded in 1997 by Luiz Francisco Novelli Viana. It advises private equity funds on investments in Brazil.

## Sectors

- Enterprise Software
- Financial Services
- Healthcare Services
- Consumer
- Industrial Tech

## Questions

### How does TMG Capital source deals compared to larger Brazil-focused private-equity funds?

TMG Capital emphasizes direct origination through founder relationships, corporate carve-outs, and regional intermediary networks rather than competing in broad auction processes dominated by global mega-funds. The firm also acts as a local co-investment anchor for international GPs entering Brazilian mid-market transactions. This sourcing model is designed to surface deals in fragmented industries where scale players lack the operational bandwidth to diligence owner-run businesses.

### What operational capabilities does TMG Capital bring to post-acquisition portfolio management?

TMG Capital maintains an embedded operating-partner bench of C-level executives who join portfolio companies post-close to lead finance, strategy, and commercial functions. This model departs from the remote quarterly-board approach common among larger Brazilian asset managers. The firm's thesis holds that mid-market value creation in Brazil requires hands-on execution — particularly around financial controls, sales-force restructuring, and add-on M&A — rather than passive governance alone.

### How is TMG Capital addressing succession-driven deal flow in Brazil?

TMG has positioned for an expected wave of succession transactions as Brazil's first-generation entrepreneurial class ages and founders seek liquidity or professional management transitions. This thematic focus concentrates on mid-market services, industrial, and healthcare businesses where family ownership has historically limited institutional capital participation. By building operational-fix credibility rather than pure financial-engineering capacity, TMG aims to win founder-trust in processes where cultural fit matters as much as price.

## Related profiles

- [TMFOX](https://altss.com/profile/tmfox)
- [TMGIC](https://altss.com/profile/tmgic)

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Last updated: 2026-06-03T20:00:00.000Z

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