Crescera Capital Acquisition Corp.

A Special Purpose Acquisition Company ("SPAC") listed on NASDAQ under "CREC"

We are a newly organized blank check company as a Cayman Islands exempted company for effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar combination with one or more businesses. To date, we have not selected any potential business combination target.

While we may pursue an initial business combination target in any business, industry or geographical location, we intend to focus our search for a target in Latin America, and more specifically in Brazil, and in sectors with technology-enabled transformations and strong growth potential in the region, including, but not limited to technology, healthcare, education, services, consumer and retail (the “Target Sectors”).

Our Sponsor is an affiliate of Crescera Capital, an independent asset management firm based in Brazil that was founded in 2008 and currently manages approximately R$5.9 billion in assets. Crescera Capital focuses on two main investment strategies: growth equity and venture capital in Brazil. The core of Crescera Capital’s investment team have been working together for over ten years and has deep expertise within the Target Sectors.

A distinguishing aspect of Crescera Capital’s strategy is its partnership model, which has helped it attract, develop and retain top-quality talent. Crescera Capital combines its strategy and deep sector expertise with capital to help build companies into regional or national leaders. By combining its extensive knowledge of Brazilian markets with deep industry expertise, Crescera seeks to position itself as a partner of choice for leading Brazilian entrepreneurs and family-owned companies, adding significant value through hands-on governance and strategic inputs, as well as providing capital for growth.

Acquisition Criteria

We identified the following general criteria and guidelines that we believe are important in evaluating prospective targets for our initial business combination.
Market Leaders
Companies that have scaled to achieve a strategic positioning in their respective markets;
Positive Cash Flows
Already profitable and that generate adequate organic free cash flows;
 
Multiple Growth Avenues
Strong organic growth opportunities coupled with opportunities to expand through acquisitions;
Resilience
Focus on companies with proven business models delivering products or services that are comparatively agnostic to market cycles;
 
Experienced Management Team
Seasoned executives that can benefit from the experience and sector expertise of our team and directors;
Growth Capital
Companies that are looking for capital to achieve their next phase of growth.

Management Team

Our management team has extensive experience.
Felipe Samuel Argalji - Chief Executive Officer

Felipe Samuel Argalji is our Chief Executive Officer. Mr. Argalji is also a Partner of Crescera and co-responsible for the Education platform. Prior to joining Crescera in January 2009, Mr. Argalji began his career in the private equity division of Gávea Investimentos from June 2007 to November 2008, where he covered investments in several sectors including agribusiness, logistics, retail and utilities. He is currently a director of AOVS Sistema de Informática S.A (Alura) since December 2020. He previously served as director of Afya Ltd. (Nasdaq: AFYA), from June 2019 to August 2021, Afya Participações S.A. (formerly NRE Participações S.A.), or Afya Brazil, from August 2016 to December 2019 and of Anima Educação (B3: ANIM3) from January 2012 to January 2015. Mr. Argalji holds a Bachelor degree in Economics from IBMEC Business School, Rio de Janeiro.

Rafael Moreira Pereira - Chief Financial Officer

Rafael Moreira Pereira is the Company’s newly appointed CFO. Mr. Pereira joined Crescera in July 2022 to head the Company’s SPAC operations. Prior to joining Crescera, he was one of the four founding members of the Greenhill office in São Paulo (May 2014 to July 2020), helping establish Greenhill and later Seneca Evercore (July 2020 to April 2022) as one of the leading independent investment banks in Brazil. Mr. Pereira began his career as an analyst for Goldman Sachs (May 2006 to February 2014) after receiving his bachelor’s degree from Fundação Getulio Vargas.

Jaime Cardoso Danvila - Chairman

Jaime Cardoso Danvila is the Chairman of our board of directors. Mr. Cardoso is also a Partner at Crescera and is co-responsible for its Consumer, Retail, Healthcare & Services platform. Prior to joining Crescera in May 2010, Mr. Cardoso served as a Director of mergers and acquisitions at Citigroup Global Markets from June 2000 to April 2008, at Bradesco Banco de Investimentos from April 2008 to April 2010 and as an economist at the International Monetary Fund from May 1999 to May 2000. Mr. Cardoso serves as a board member for Semantix Tecnologia em Sistemas de Informação S.A since August 2019, Vita Participações since August 2018, Hospital Care S.A. since December 2017, Hospital Vera Cruz since June 2017, Grupo São Lucas since December 2017, Domicile Home Care Assistência Médica Domiciliar since December 2020, Grupo Baia Sul since December 2018, Grupo Zelo since August 2020 and Rede Oba Hortifruti since December 2017. Mr. Cardoso has also served as board member for Estapar from February 2012 to January 2021, Hortigil Hortifruti S.A from September 2010 to April 2016, Laticínios São Vicente from May 2013 to August 2019 and Forno de Minas Alimentos S.A. from January 2014 to March 2018. Mr. Cardoso holds a Master of Arts and C. Phil degree in Economics from UCLA.

Daniel Arthur Borghi - Director

Daniel Arthur Borghi serves as a director on our board of directors. Mr. Borghi is also a Partner at Crescera and is co-responsible for its Education platform. He joined Crescera in February 2008. Mr. Borghi served as a member of the board of directors of Afya Ltd. (Nasdaq: AFYA) from July 2019 to August 2021. He was also a member of the board of directors of Afya Participações S.A. (formerly NRE Participações S.A.), or Afya Brazil, from August 2016 to December 2019, when the board of directors of Afya Brazil was extinguished. Since November 2018, he is also Co-Chief Executive Officer of Crescera, a managing director and a member of its Executive Committee. He is also currently a member of the board of directors of União Educacional do Planalto Central S.A. (UNICEPLAC) since March 2018 and Nelogica Sistemas de Software Ltda. since December 2020. He was previously a member of the board of directors of Wide Desenvolvimento Humano e Tecnologia S.A. from February 2015 to July 2020; Prepona Sistema de Testagem e Avaliação S.A. from July 2015 to March 2018; Passei Direto S.A. from February 2015 to March 2018; and Guardaya Empreendimentos e Participações S.A. (Medcel) from March 2016 to January 2019. Prior to joining the board of directors of Afya Brazil, he was a consultant at McKinsey & Co. from July 2006 to February 2008; an executive at Docas Participações S.A. from September 2003 to June 2004; and a partner at Finance Ltda. from May 1999 to August 2003, working in mergers and acquisitions, venture capital and restructuring. He holds a degree in electrical engineering and telecommunications from PUC-RJ, an MBA from the Kellogg School of Management at Northwestern University and a Specialist Title in Finance from the Instituto Brasileiro de Mercado de Capitais – IBMEC.

Denise Pauli Pavarina - Director Nominee

Denise Pauli Pavarina will serve as a Director upon the completion of this offering. Mrs. Pavarina was Director of Companies at BNDES (Brazilian National Development Bank) from April 2019 to September 2019, responsible for corporate credit for large companies. Before BNDES, she was an executive director and investor relations director at Banco Bradesco from January 2012 to January 2019, managing director of Bradesco Asset Management from January 2009 to January 2012 and, previously, head of the investment bank of Bradesco (Banco Bradesco BBI), from January 2007 to January 2009. Mrs. Pavarina holds over 30 years of experience in financial and capital markets. She was president of the Brazilian Association of Financial and Capital Markets (Anbima) from April 2012 to April 2016, and a member of the Advisory Boards of Cielo S.A. (B3: CIEL3) from June 2008 to July 2009; Belgo Mineira (Arcelor Group); Alpargatas S.A. (B3: ALPA3), Latasa (Reynolds Group); Vale S.A. from February 2017 to March 2019; of B3 S.A. – Brasil Bolsa Balcão (B3: B3SA3) from April 2015 to April 2019, and member of B3’s Mergers & Acquisitions Committee (CAF) from September 2019 to July 2021. Mrs. Pavarina is currently a board member of Hospital Care Caledonia and BR Advisory Partners Participações S.A (BrPartners), as well as vice chair of TCFD (FSB) – Task Force on Climate-related Financial Disclosures. She is also currently working at Aggrego Consultores as an advisor on M&A transactions, on corporate Governance, structuring of projects and capital raising. She holds a degree in Economics from Fundação Armando Alvares Penteado (FAAP), a Law degree from Universidade Paulista (UNIP), and post graduate degrees in Finance from Insper and in Advanced Management from Fundação Dom Cabral and IESE – AMP.

Rosana Isabel Sadir Prieto - Director Nominee

Rossana Isabel Sadir Prieto will serve as a Director upon the completion of this offering. Ms. Sadir has broad international general management experience and strategic background in projects for country growth and turnaround, built in companies such as McKinsey & Company from March 1995 to May 1996, Monsanto Chemical Company from June 1996 to May 1997, Abril S.A. from June 1997 to July 2004, Avon Cosméticos Ltda. from August 2004 to December 2012 and Amway do Brasil Ltda. from April 2013 to January 2020. She also has expertise as transformation agent, leading operations through major strategic changes with significant results in digital innovation, aggressive growth, turnaround processes, organizational restructuring and development of new commercial models. Ms. Sadir is a Certified Board of Director and member of the Strategy Committee for IBGC (the Brazilian Corporate Governance Institute (IBGC), the Obramax Advisory Council since November 2020, and the Committee of Strategy, Innovation and Sustainability of the Baumgart Group since December 2020. She holds a Bachelor and Master degrees in Business Administration from Universidade de São Paulo, SDA Bocconi and Kellogg – Northwestern University. Ms. Sadir is fluent in five languages, having lived in eight countries in Latin America.

Flavio Dias Fonseca da Silva - Director Nominee

Flavio Dias Fonseca da Silva will serve as a Director upon the completion of this offering. Mr. Dias holds experience in general management, retail, e-business, e-commerce and CRM. Mr. Dias spent 20 years as the executive in charge in three out of the five of the top e-commerce companies in Brazil – WMB Comércio Eletrônico Ltda. (Walmart) from March 2007 to July 2014, Cnova Comércio Eletrônico S.A. from February 2016 to December 2016 and Via Varejo S.A. (B3: VVAR3) from December 2016 to January 2020. Previously, Mr. Dias was the CEO at Banco Original S.A. from August 2014 to February 2016, the first Brazilian digital bank. Currently, Mr. Dias is an independent board member at Afya Ltd. (Nasdaq: AFYA) since June 2020, Coppel S.A. since September 2019 and is a partner of 500 Startups since March 2020, a company in charge of building and growing the fund operations in Brazil. Mr. Dias holds a degree in Production Engineering from FEI Centro Universitário, an MPA from Fundação Getulio Vargas and an MBA from UCLA.

Corporate Governance & ESG

Corporate Governance

We adopt a Code of Business Conduct and Ethics applicable to our directors, officers and employees.

Our board of directors will have three standing committees: an audit committee, a compensation committee and a nominating and corporate governance committee. Both our audit committee and our compensation committee will be composed solely of independent directors.

We recognize our responsibility as investors of private companies that will become public and, as such, we endeavor to ensure that the assets and operations in which we invest in will respect and benefit the environment and society. Having recognized these important goals, we have formalized the integration of these three factors – Environmental, Social and Governance, or ESG – into our investment cycle, with specific due diligence, monitoring and value creation initiatives closely managed by Crescera’s ESG team.

Crescera has been recognized for high ESG Standards, including honorable mentions at the 2017 ESG Awards sponsored by the Association for Private Capital Investments in Latin America, or LAVCA and EMPEA’s Investing for Growth Deal Book in 2021. In addition, Crescera became a signatory of the Principles for Responsible Investment, or PRI, in 2018 and the Women’s Empowerment Principles in 2019. In 2020, Crescera became a supporter of the Task Force on Climate-related Financial Disclosures and in 2021 became a signatory of the UN Global Compact.

You can read our SEC filings, including the registration statement, here.

Reporting Channel

To share ideas, concerns, complaints, unusual conduct and / or violations of our Code of Ethics and Conduct, internal policies or current legislation, please contact us by clicking here.

News

Contact

Address

R. Aníbal de Mendonça, 27 - 2º andar
Ipanema - Rio de Janeiro - RJ - Brasil

Telephone

+55 (21) 3687-1500