Principia Capital Partners
Principia Capital Partners is a São Paulo-based private equity firm operating as the PE platform of Lanx Capital. It invests in Brazilian companies across sectors and stages, deploying equity capital and providing active operational support to portfolio companies.
- Company typePrivate
- Founded2017
- HeadquartersSão Paulo, Brazil
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Principia Capital Partners does
Principia Capital Partners is a São Paulo-based private equity firm founded in 2017 that operates as the dedicated PE platform of Lanx Capital. The firm invests in Brazilian companies across the maturity spectrum — from early-stage startups to publicly listed enterprises — deploying equity capital and providing active operational involvement alongside founders and management teams. Its disclosed portfolio spans 18 platforms across 15 sectors including forestry restoration (Re.green), pharmaceuticals (Cellera Farma), healthcare/oncology (Oncoclínicas), financial services (Ideal Invest, LPS Brasil, Pravaler, RB Capital), education (Damásio), consumer (Grupo Technos, Hering, Alpargatas), media (Elemidia, Brazil Trade Shows), telecommunications (NET), internet (UOL), construction (Método), energy (Eneva), airlines (TAM), and logistics (América Latina Logística).
The firm is led by a four-person investment team supported by a five-member Advisory Board, with Mario Spinola (Partner) anchoring leadership since December 2017. The team has cumulatively invested R$3.4 billion in PE transactions over 26 years, executing more than 90 add-on acquisitions and partnerships in portfolio companies and reporting average post-investment annual revenue growth of 18% and EBITDA growth of 36%. The fund is structured primarily with partner capital, aligning incentives to a long-term horizon.
Principia generates returns through direct equity investments in Brazilian companies, with revenue mechanics typical of a PE manager (management fees on committed/invested capital plus carried interest on realized gains). GTM motion is direct, enterprise-grade deal origination rather than product sales, with distribution through institutional fundraising channels and proprietary deal sourcing. The firm is a signatory to the UN-supported Principles for Responsible Investment (PRI), signaling formal ESG alignment for institutional LPs.
Principia Capital Partners firmographics
Firmographics- Name
- Principia Capital Partners
- Legal name
- Principia Capital Partners
- Website
- https://principiacp.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Principia Capital Partners is a São Paulo-based private equity firm operating as the PE platform of Lanx Capital. It invests in Brazilian companies across sectors and stages, deploying equity capital and providing active operational support to portfolio companies.
- Ownership category
- akta.pro rank
Principia Capital Partners industry classification
Industry- Product category
- Private Equity Investment Management
- NAICS
- Portfolio Management and Investment Advice (523940)
- akta.pro primary industry
- Middle-Market Lending (FSANADAI)
Keywords
Where Principia Capital Partners is headquartered
LocationHeadquarters
- HQ city
- São Paulo
- HQ country
- Brazil
- HQ region
- Latin America
Offices1 record
Markets served
Principia Capital Partners business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Others
Revenue model
- Private Equity Investment Management: Generates returns through direct equity investments in Brazilian companies, achieving capital appreciation and generating differentiated returns for investors through active portfolio management and operational involvement.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Principia Capital Partners product offering
Product offeringCore offering
Principia Capital Partners is a private equity investment firm that deploys equity capital into Brazilian companies across multiple sectors and stages of maturity. The firm takes an active operational role in portfolio companies, working alongside founders and executives to drive growth, governance improvements, and value creation, and has deployed R$ 3.4 billion across 18 platforms.
Product overview
Principia Capital Partners operates as a single private equity investment platform under Lanx Capital. The firm deploys capital into Brazilian companies across multiple sectors and maturity stages, providing active operational involvement, sector expertise, and transparent investor relationships. The platform manages investments in 18 portfolio companies spanning sectors including forestry restoration (Re.green), pharmaceuticals (Cellera Farma), healthcare (Grupo Oncoclínicas), financial services (Ideal Invest, LPS Brasil), education (Damásio Educacional), consumption (Grupo Technos), media (Elemidia, Brazil Trade Shows), telecommunications (NET Serviços), internet (UOL), construction (Método Engenharia), airlines (TAM), and logistics (América Latina Logística).
Differentiator
Problem solved
Functional benefit
Products and services
- Principia Capital Partners Private Equity Platform Private equity investment platform under Lanx Capital that deploys equity capital into Brazilian operating companies across multiple sectors and stages of maturity, from startups to large publicly listed firms. Provides active operational involvement, governance support, and long-term partnership to founders and executives, with the objective of materializing the potential of portfolio companies and generating superior returns for investors.
Quantifiable outcome
- 18% average annual revenue growth rate of portfolio companies after investment
- +2 more outcomes
Companies that use Principia Capital Partners
Customer profileNamed customers14 records
Segments1 record
Ideal customer profiles1 record
Principia Capital Partners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Principia Capital Partners partnerships and signals
Strategic signalScale indicators8 records
Recent moves6 records
Expansion highlights4 records
Principia Capital Partners competitors and assessment
Company assessmentBroad incumbents
- Advent International: Global private equity firm with a long-standing Latin American practice. Comparable as a buyout investor active in Brazilian mid- and large-cap deals, with broader geographic reach and deeper resources than Principia.
- BTG Pactual: Brazilian investment bank with an alternative investments arm covering PE, credit, and real estate. Comparable as a Brazilian private capital allocator with a wider platform; competes with Principia for mid-market deals and LP capital.
- 3G Capital: Brazilian-origin global private equity firm specializing in consumer/retail brands. Comparable as a Brazilian-rooted PE platform, though operating at much larger scale and with a focused sector thesis versus Principia's generalist approach.
- Bain Capital Private Equity: Global PE firm with private equity operations in Latin America. Comparable as a sponsor of mid-market Brazilian companies, with the scale and operating capacity that Principia aims to scale toward.
Direct peers
- Pátria Investimentos: Major Brazilian alternative asset manager with PE, infrastructure, and credit strategies. Listed on Nasdaq and B3, with a comparable mid-market focus and long-standing Brazilian PE franchise. Operates as a direct competitor for mid-market Brazilian deals.
- GP Investments: One of the largest Brazilian private equity firms, managing multiple funds across buyouts and growth. Directly comparable to Principia as a homegrown Brazilian PE manager targeting mid- and large-cap companies, with a public listing and broader AUM.
- Vinci Partners: Brazilian alternative asset manager offering PE, real estate, credit, and infra strategies. Closely comparable to Principia as a multi-strategy local private equity platform with institutional LP base and listed parent.
Emerging players
- Kinea Investimentos: Brazilian alternative asset manager owned by Itaú Unibanco, with PE, credit, and real estate strategies. Comparable as a Brazilian PE competitor with strong institutional backing; competes with Principia for both deals and LP relationships.
- H.I.G. Capital: Global mid-market private equity firm with active Latin American operations. Comparable as a mid-market PE investor in Brazil, and relevant as prior employer of Principia's Ana Luiza Squadri.
- Victoria Capital Partners: Independent Brazilian PE firm founded by former Banco Garantia partners, including Principia's Mario Spinola as a co-founder. Directly comparable in Brazilian mid-market focus and team pedigree, though smaller in current fund size.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Principia Capital Partners social profiles
Digital presencePrincipia Capital Partners compliance and trust
Trust signalCompliance1 record
Principia Capital Partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
Principia Capital Partners leadership team
Management profileNumber of profiles
Profiles4 records
Principia Capital Partners funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Principia Capital Partners 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 Principia Capital Partners
What does Principia Capital Partners do?
Principia Capital Partners is a private equity investment firm that deploys equity capital into Brazilian companies across multiple sectors and stages of maturity. The firm takes an active operational role in portfolio companies, working alongside founders and executives to drive growth, governance improvements, and value creation, and has deployed R$ 3.4 billion across 18 platforms.
Is Principia Capital Partners a public or private company?
Principia Capital Partners is a private company. It is classified as corporate owned and is currently operating.
When was Principia Capital Partners founded?
Principia Capital Partners was founded in 2017. It employs 11 to 50 people.
Where is Principia Capital Partners based?
Principia Capital Partners is headquartered in São Paulo, Brazil, in the Latin America region.
How does Principia Capital Partners make money?
One revenue line is on record: private Equity Investment Management.
Who are Principia Capital Partners's main competitors?
Broad incumbents on record are Advent International, BTG Pactual, 3G Capital and Bain Capital Private Equity. Direct peers are Pátria Investimentos, GP Investments and Vinci Partners. Emerging players are Kinea Investimentos, H.I.G. Capital and Victoria Capital Partners.
Does Principia Capital Partners have an API?
No public API is recorded for Principia Capital Partners.
What industry is Principia Capital Partners in?
Principia Capital Partners's product category is Private Equity Investment Management. Its primary akta.pro industry code is FSANADAI, Middle-Market Lending. Its NAICS code is 523940.