BOSTON, Feb. 23, 2006 — Goodwin Procter served as U.S. counsel to Vivax S.A. and the selling shareholder in connection with the initial public offering of Vivax in Brazil.
Vivax is the second-largest cable television company in Brazil. The selling shareholder is comprised of a variety of U.S.-based venture capital and private equity funds. The gross proceeds were approximately US$242.2 million.
Goodwin Procter associates Michael Bison and Danielle Lauzon represented Vivax S.A. and the selling shareholder in this IPO.