HIG Capital LLC has invested in two Brazilian digital media companies Grupo NZN and Click Jogos.
Grupo NZN provides technology, software guides, game reviews, television show news and other general information on popular web properties in Brazil. The company's websites include Baixaki, Superdownloads, TecMundo, Mega Curioso, Baixaki Jogos, Minha Serie and Em Resumo.
Click Jogos curates and creates entertainment content, including free-to-play games. The two companies will be combined as part of the acquisition.
HIG made the deal through its Brazilian affiliate. The firm has about $15 billion in capital under management. Earlier in September, HIG closed the sale of Capstone Logistics to the Jordan Co. The Miami-based private equity firm recently sold American Hardwood Industries to Baillie Lumber.
For more on investor interest in Latin America, see Advisers Ramp Up Latin America Teams.