Leading Global Search Fund Investor

Since 2016, we have been investing in Search Funds, bringing deep expertise and a strong track record of success. We go beyond capital, offering strategic assistance and leveraging our broad network. While our origins are in emerging markets, we have expanded our reach globally. Our approach is bottom-up, focusing on partnerships with high-quality entrepreneurs rather than limiting ourselves to specific regions or sectors.
+9 years of experience
+65 searchers funded
15 deals closed
1 exit completed
Our approach
We conduct a thorough assessment of potential Searchers, examining their academic credentials and personal and professional achievements to identify top-tier talent. With decades of experience investing in alternative assets, we pinpoint the most promising entrepreneurs within this asset class and provide them with support across various fronts by leveraging our investment experience and extensive network.

First searcher
backed

2017
3 Active searchers

First deal
closed

2018
6 Active searchers
1 Deal successfully closed

First exit
completed

2024
57 Active searchers
15 Deals successfully closed

First LatAm SF
Conference

2025
65 Active searchers to date
15 Deals successfully closed
Invested Portfolio
Agasus

Founded in 2000 and headquartered in São Paulo, Voke is the national leader in hardware leasing through the As a Service (HaaS) model and the sale of pre-owned technology equipment. The company has over 700 employees, manages more than 1,200 clients, and operates in over 4,300 cities.

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MK Solutions

MK Solutions was founded in Candelária (RS) and, after demonstrating the effectiveness of its ERP software, began commercializing it in 2008. Experiencing rapid growth, the company relocated to Santa Cruz do Sul in 2012 to attract top talent. In addition to continuously improving its ERP, it developed complementary modules such as Net Maps and CRM. Today, MK Solutions is the market leader in revenue for ISP-focused ERPs, offering the most comprehensive portfolio in the sector.

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Labsoft

Labsoft was founded in 2002 and has been headquartered in Jundiaí (SP) since 2005, specializing in the quality control laboratory market with its MyLIMS software, available in both SaaS (since 2015) and On-premise versions. In 2018, the company initiated its international expansion strategy, partnering with a Chilean company as a local representative in 2020. The following year, Labsoft secured its first contract in Chile, officially launching its global growth journey.

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Divestment: Feb/25
Nova Telecom

Nova Telecom, founded in 1999 and headquartered in Araxá, Minas Gerais, is an internet service provider. Its main services include network installation and maintenance, as well as customer support. The company also offers complementary products, such as cable television.

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APS

APS, founded in 2000, is a leading distributor of low and medium voltage electrical products and one of the three largest global producers of electrical components. Headquartered in São Paulo, the company serves 31,700 customers nationwide, with a strong focus on selling products—most of which are supplied by ABB.

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Nexti

Nexti, headquartered in São José, SC (near Florianópolis), offers a workforce management platform that combines Hardware-as-a-Service (HaaS) and Software-as-a-Service (SaaS). Its hardware includes devices for employee time tracking (e.g., in factories), while its software streamlines workforce management processes. Although the software is compatible with legacy hardware, Nexti’s key differentiator—real-time monitoring of control points and access—is available exclusively through its proprietary devices.

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MAS Seguros

Founded in 1980, MAS Seguros is a Mexican insurance brokerage specializing in the truck segment. The company employs over 170 people, operates four offices, and has sales teams across 19 regions in Mexico. MAS offers four predefined coverage plans: Comprehensive, Plus, Limited, and Basic, with the flexibility to customize these plans based on customer needs and risk profiles.

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Quick Soft

Headquartered in Blumenau, QuickSoft offers a SaaS solution tailored to the FIDC market, securitizers, and factoring companies. Founded in 1995 as an on-demand software developer, the company pivoted its business model to a recurring revenue model, establishing itself as a key service provider in the receivables securitization market.

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ProAgro

Founded in 2017 by two agronomists, ProAgro began by selling agrochemicals, distinguishing itself through exceptional technical service, responsiveness, and logistical efficiency—key factors that drove high customer retention and increased average ticket size. Over time, the company expanded its portfolio to include higher-value products, such as biological inputs.

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Syonet

Syonet is a leading SaaS platform for dealerships in Brazil, offering CRM solutions that optimize lead management and customer sales cycle tracking. With a presence in over 1,500 dealerships across the country, the company holds a 20% share of the new car dealership market and 40% of the broader automotive segment.

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Oxymed

Founded in 2004, Oxymed specializes in the rental of medical and hospital equipment, serving clinics, private hospitals, and public hospitals managed by private entities known as Health Organizations (OS). Its diverse portfolio includes a wide range of low to medium-complexity medical devices, such as anesthesia machines, surgical aspirators, infusion pumps, multiparameter monitors, defibrillators, pulse oximeters, and ventilators.

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Colortel

Founded in the 1970s, Colortel specializes in equipment rental and service provision under the Hardware-as-a-Service (HaaS) model. A market leader in Brazil’s HVACR (Heating, Ventilation, Air Conditioning, and Refrigeration) segment, the company offers a range of equipment, including window and split air conditioners, refrigerators, and electronics such as TVs, laptops, and other media devices.

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IMMSA

IMMSA is a Mexican company specializing in the manufacturing of copper and aluminum connectors for the electrical industry in the U.S. and Mexico. Its value proposition lies in its ability to tailor production to each client’s specific needs, delivering over 2,500 SKUs in low volumes through continuous process adaptation. This flexibility differentiates IMMSA from competitors, who typically focus on high-volume production with a limited SKU range.

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Kofre Tecnologia

Founded in 1991 and headquartered in Salvador-BA, Kofre provides radio terminals, infrastructure (towers, generators, signal repeaters, etc.), proprietary software, and installation and maintenance services. The company operates under two business models: (i) equipment rental (HaaS) through long-term contracts (2 to 5 years), and (ii) sales and services, reselling products from major global manufacturers while offering operation and maintenance services under 2 to 3-year contracts, ensuring a steady stream of recurring revenue.

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Time Tracker

Founded in 2004, the company offers Time and Attendance (T&A) services for sales promoters in supermarkets. These promoters manage tasks such as organizing shelves, activating products, and overseeing marketing campaigns within the stores. Time Tracker forms partnership contracts with large retail chains, providing time clocks free of charge. In exchange, supermarkets require brands to adopt the TT system for registering their employees.

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Testimonials
Voke Rene Almeida & João Lima | Brazil
“Working with Spectra has always been very rewarding. The team supported us from the search phase, assisting in the due diligence process as well as in deal negotiations with the sellers. After the acquisition, the Spectra team continued to be very supportive in our day-to-day operations, helping with networking, opening doors, and actively participating in high-level strategic discussions.”
Eolo Capital Antonio Garufi & Angelo Saccà | Italy
“With Spectra we hit it off from day one, having seen in them a long-term partner aligned with our philosophy of value creation, constructive approach, and a positive attitude. We look forward to working together and benefiting from their transaction, investment and operational experience.”
MAS Seguros Alejandro Rentería & Ernesto Moya | Mexico
“Spectra has been a key partner in every phase of our journey — from the search to acquisition to operating the business. During the search, their quick, thoughtful feedback helped us improve our sourcing and evaluation process. During the acquisition, their deep LatAm experience and network helped us focus on the right questions to execute a successful transaction. Today, they remain close and involved, continuously opening doors and offering strategic input.”
Milestone Search Capital Anurag Sinha | India
“Spectra was one of the early investors that agreed to talk and showed interest in backing my journey – and working with them has been an absolute delight. They’ve been a very supportive partner, always available to help, make intros or brainstorm on ideas/strategies/plan of action – things that a solo searcher is likely to need a lot, in the lonely search journey.”