Batis Capital
Batis Capital is a São Paulo-based private equity firm founded by Thiago Castellar that acquires and operates a single Brazilian mid-sized company at a time, targeting Services, Healthcare, and Communications businesses with R$30-150M annual revenue and EBITDA margins above 15%.
- Company typePrivate
- Founded-
- HeadquartersSão Paulo, Brazil
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Batis Capital does
Batis Capital is a privately held Brazilian private equity firm headquartered in São Paulo that acquires and operates a single mid-sized company at a time. Founded by Thiago Castellar—a former BCG consultant, J.P. Morgan banker, and Agilitas Private Equity operator with an engineering degree from POLI-USP and an MBA from London Business School—the firm explicitly contrasts its model with multi-portfolio PE shops by concentrating all energy on one acquisition. Its stated investment philosophy rests on three principles: Commitment (one company at a time), Flexibility (transaction terms adapted to seller needs), and a Long-term perspective (sustainable growth without dependence on immediate returns).
The firm targets Brazilian companies in three sectors—Services, Healthcare, and Communications—with annual revenue between R$30 million and R$150 million and EBITDA margins above 15%, prioritizing sellers motivated by succession and legacy continuity rather than maximum price. Deal sourcing is relationship-driven, executed via the founding partner's LinkedIn presence, professional network, and direct outreach, with no disclosed advisors, intermediaries, or institutional co-investors. No completed acquisitions, fund vehicles, portfolio companies, or limited partners are documented in the source material.
Commercially, Batis Capital operates with 1-10 employees, has no disclosed revenue, funding, or assets under management, and runs from a Wix-hosted website with no proprietary technology platform. Its revenue mechanics would ultimately derive from management fees and/or carried interest on future portfolio companies, but no fund close, committed capital, or transaction completion has been announced. As of the available evidence, the firm is positioned pre-deal, with thesis, criteria, and team in place but no executed transaction.
Batis Capital firmographics
Firmographics- Name
- Batis Capital
- Legal name
- Batis Capital
- Website
- https://batiscapital.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Batis Capital is a São Paulo-based private equity firm founded by Thiago Castellar that acquires and operates a single Brazilian mid-sized company at a time, targeting Services, Healthcare, and Communications businesses with R$30-150M annual revenue and EBITDA margins above 15%.
- Ownership category
- akta.pro rank
Batis Capital industry classification
Industry- Product category
- Private Equity
- NAICS
- Management of Companies and Enterprises (55111)
- akta.pro primary industry
- Small-Cap / Micro-Buyout (FSANABAD)
- akta.pro secondary industry
- Management Buyout / Management Buy-In (MBO/MBI) (FSANABAL)
Keywords
Where Batis Capital is headquartered
LocationHeadquarters
- HQ city
- São Paulo
- HQ country
- Brazil
- HQ region
- Latin America
Offices1 record
Markets served
Batis Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Batis Capital product offering
Product offeringCore offering
Batis Capital is a private equity firm that acquires and operates a single mid-sized Brazilian company at a time, providing business succession and long-term operational management for owners seeking a transition. The firm targets companies with annual revenue between R$30-150 million and EBITDA margins above 15% in the Services, Healthcare, and Communications sectors, offering flexible transaction terms and a long-term investment horizon focused on sustainable growth.
Product overview
Batis Capital is a private equity firm that acquires and operates a single mid-sized company at a time, guided by an investment philosophy prioritizing legacy through three core values: Commitment (focusing on one acquisition), Flexibility (adapting transaction terms to the seller's needs), and Long-term perspective (pursuing sustainable growth without immediate returns). The firm targets Brazilian companies in Services, Healthcare, and Communications sectors with annual revenue between R$30-150 million and EBITDA margins above 15%. The company does not offer distinct technology products or modules.
Differentiator
Problem solved
Functional benefit
Products and services
- Mid-sized company acquisition and management Acquisition, ownership, and long-term operational management of a single mid-sized Brazilian company per cycle, for owners in Services, Healthcare, or Communications who are seeking succession, business continuity, and sustainable growth under a flexible, long-horizon investor-operator.
Companies that use Batis Capital
Customer profileSegments1 record
Ideal customer profiles1 record
Batis Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Batis Capital partnerships and signals
Strategic signalScale indicators2 records
Recent moves3 records
Expansion highlights3 records
Batis Capital competitors and assessment
Company assessmentBroad incumbents
- GP Investments: One of the largest Latin American alternative asset managers with broad private equity, infrastructure and credit strategies. Comparable as a Brazilian PE incumbent competing for the same mid- and large-cap deal universe, but at materially larger scale and with institutional fund structures.
- Advent International: Global private equity firm with a long-standing and active Brazilian practice, frequently investing in mid- and upper-mid-market Brazilian businesses. Comparable as a competing PE acquirer in Brazil targeting similar sectors, though at meaningfully larger cheque sizes and global scale.
- Kinea Private Equity: Brazilian alternative investment firm affiliated with Itaú Unibanco, operating private equity, credit and real estate strategies. Overlaps as a Brazilian PE buyer for mid-market transactions, with substantially greater capital base and brand recognition.
- BTG Pactual (Alternative Investments / PE): Major Brazilian investment bank with a sizeable private equity and alternative investments platform. Comparable as a Brazilian incumbent with the capital base and origination reach to acquire mid-market assets across services, healthcare and communications.
Direct peers
- 23S Capital: Brazilian private equity firm investing in mid-market companies across services, healthcare and industrial sectors. Highly comparable given similar target revenue range, succession/control thesis and Brazil-only geographic focus.
- Angra Partners: Brazilian private equity firm focused on lower-mid-market companies, often partnering with founders and family owners on succession transitions. Closely aligned with Batis Capital's MBO/succession orientation and target revenue band.
- Hix Capital: Brazilian mid-market private equity firm investing in profitable companies with strong cash generation. Comparable in target company profile (Brazilian mid-market, profitable, owner-driven) and buy-and-build style.
- Vinci Partners: Brazilian alternative asset manager with private equity and corporate credit strategies targeting mid-market and special situations. Directly comparable as a Brazilian PE sponsor competing for similar succession and growth capital deals, with overlapping service-sector focus.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat2 records
Key risks6 records
Key highlights5 records
Customer concentration
Batis Capital social profiles
Digital presenceBatis Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Batis Capital leadership team
Management profileNumber of profiles
Profiles1 record
Batis Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Batis Capital M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Batis Capital
What does Batis Capital do?
Batis Capital is a private equity firm that acquires and operates a single mid-sized Brazilian company at a time, providing business succession and long-term operational management for owners seeking a transition. The firm targets companies with annual revenue between R$30-150 million and EBITDA margins above 15% in the Services, Healthcare, and Communications sectors, offering flexible transaction terms and a long-term investment horizon focused on sustainable growth.
Is Batis Capital a public or private company?
Batis Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Batis Capital founded?
Batis Capital was founded in -1. It employs 1 to 10 people.
Where is Batis Capital based?
Batis Capital is headquartered in São Paulo, Brazil, in the Latin America region.
Who are Batis Capital's main competitors?
Broad incumbents on record are GP Investments, Advent International, Kinea Private Equity and BTG Pactual (Alternative Investments / PE). Direct peers are 23S Capital, Angra Partners, Hix Capital and Vinci Partners.
Does Batis Capital have an API?
No public API is recorded for Batis Capital.
What industry is Batis Capital in?
Batis Capital's product category is Private Equity. Its primary akta.pro industry code is FSANABAD, Small-Cap / Micro-Buyout, with a secondary code of FSANABAL, Management Buyout / Management Buy-In (MBO/MBI). Its NAICS code is 55111.