M&A, Venture Capital, Insurance and Financial Markets

Talk to PSNA

Recommended

Partners recommended by Chambers, Leaders League, Análise Advocacia, Lexology, Lacca and IFLR1000.

20+ Years

Partner experience in M&A, venture capital, insurance and financial markets.

PSNA office

One firm. Clear execution.

From term sheet to regulatory approval

Panucci, Severo e Nebias Advogados brings together partners with over two decades of experience in M&A, venture capital, insurance and financial regulation. We also work in capital markets, crypto and administrative and judicial litigation. Our partners come from leading national and international firms and are among Brazil's most recognized lawyers.

We advise founders, venture capital funds, investors, insurers, financial institutions and fintechs on deals where the contract and the regulator move together. Every matter has a partner close by, from first contact to closing, with a dedicated team.

What clients can expect:

  • Clear scope, timeline and priorities from the start.
  • A partner close to every matter, with direct access and no layers in between.
  • Technical depth focused on the business, the timeline and execution.

Our portfolio

Selected transactions advised by PSNA

A snapshot of recent M&A, venture capital and banking matters where our partners led the legal workstream from diligence to closing.

M&A · Corporate

Loovi: buyback of Pablo Marçal's equity stake

Authorization · Crowdfunding · CVM

Bora Antecipar: authorization as a crowdfunding platform (CVM Resolution 88)

Authorization · Crowdfunding · CVM

IBR Capital: authorization as a crowdfunding platform (CVM Resolution 88)

Authorization · S4 · SUSEP

Guardian Seguradora: authorization as an insurance carrier

Authorization · S4 · SUSEP

2P Seguros: authorization as an insurance carrier

Authorization · S3 · SUSEP

Split Risk Seguradora: from the Sandbox to the S3 segment

Venture capital

Bradesco: investment in PX Data (R$ 15 million round)

Venture capital · Series A

Bradesco: investment in Saúde Bliss (R$ 57 million Series A)

M&A · Buy-side

Hospital São Domingos: leveraged buyout from Dasa (R$ 1.2 billion)

Capital markets · Acquisition finance

Hospital São Domingos: acquisition finance (commercial paper, debentures and takeout)

Authorization · S3 · SUSEP

LTI Seguros: from the Sandbox to the S3 segment

Venture capital · Seed

Jumpad: seed round

M&A · Sell-side

Bradesco (FIP Inovabra I): sale of a minority stake in Skyone to Advent International

Authorization · SCD · BCB

Guardian SCD: authorization as a Direct Credit Company (SCD)

Capital markets · FIDC

Matrix Energia: public FIDC offering backed by energy trading and battery storage credits

M&A · Sell-side

Bradesco (FIP Inovabra I): sale of control of Smartbrain to its founders

Capital markets · CRA

Rural producers: CRAs for production financing

Capital markets · CRA

Dagoberto Barcellos: CRA secured by mining rights

Authorization · PI · BCB

Apusdigital: authorization as a payment institution

Capital markets · CRA

Deale: CRA for production financing

Capital markets · Debentures

éxes and Celeste Energia: debentures for solar plant development

M&A · Buy-side

MH SCD (uahubank): acquisition

Capital markets · CRA

Agrosepac: CRA for debt restructuring

M&A · Sell-side

Flapper: sale of an equity stake by minority shareholders

Capital markets · CRA

Morro Verde: CRA for production financing

M&A · Sell-side

Frente Corretora: sale of an equity stake by minority shareholders

Authorization · P&C · SUSEP

Você Seguradora: authorization to write property and casualty insurance

Authorization · Control · SUSEP

Hoje Previdência: approval of transfer of control

What clients say

Client comments published by legal directories.

Directories interview clients confidentially and publish their comments without naming them.

An insurance lawyer who provides us with very close and direct service, Roberto Panucci works confidently on our sensitive regulatory and structuring matters, managing situations without clear precedents really well.
Chambers Brazil 2026 · Insurance

Recognized by

  • Chambers and Partners
  • Leaders League
  • Análise Advocacia
  • Lexology Index
  • Lacca
  • IFLR1000