Pablo Arana

With nearly 20 years of experience as a transactional attorney, Pablo has cultivated a distinguished career advising prominent corporations, emerging companies, startups, financial institutions, and investment funds on sophisticated and strategic corporate transactions, spanning both domestic and cross-border markets. His practice encompasses mergers and acquisitions (M&A), private equity, joint ventures, foreign investments, special situations, capital markets (equity and debt), corporate restructurings, and wealth planning, with a pronounced emphasis on cross-border transactions.

He possesses expertise across a diverse array of sectors and industries, including both regulated and unregulated areas, with particular proficiency in infrastructure, oil & gas, energy, mining, and technology. Pablo has provided counsel on transactions involving airports, ports, power generation assets, and software development, among others.

Pablo has extensive international experience underscored by a distinguished career at leading global law firms. As a U.S.-licensed attorney, he practiced at Skadden, Arps, Slate, Meagher & Flom LLP in São Paulo and at Gibson, Dunn & Crutcher LLP in New York – two of the world’s most preeminent law firms. In Brazil, he served as a senior associate at Lefosse Advogados and other prestigious law firms in São Paulo. In these roles, he coordinated and executed high-stakes transactions throughout Brazil, Latin America, and the United States, including M&As, public and private offerings (IPOs, follow-ons, notes, bonds, SPACs, and de-SPACs), structured deals, and project finance operations.

Pablo is admitted to practice law in both the State of New York (New York Bar) and Brazil (OAB).

• CVC Viagens (B3: CVCB3) Shareholders’ Agreement: Advised Apex Partners and several investment funds in the negotiations to form the controlling shareholder group of CVC Viagens, Latin America’s largest travel operator and a publicly traded company listed on B3, alongside the Paulus family and GJP Fundo de Investimento Financeiro em Ações. Also advised in connection with the Extraordinary Shareholders’ Meeting that approved the waiver of the company’s mandatory tender offer requirement and poison pill provisions, as disclosed in the Material Fact and Market Notice released on April 10 and May 5, respectively. Following the transaction, the controlling shareholder group collectively held a 35% interest in CVC. Among the investment funds advised by Felipe were Carbyne Travel Fundo de Investimento Financeiro, BRM Carbyne Voyage Fechado Fundo de Investimento Financeiro em Ações, Apex Vessel Fundo de Investimento Multimercado, AM Latitude Fundo de Investimento Financeiro em Ações, Propósito Previdência Fundo de Investimento Multimercado Crédito Privado Responsabilidade Limitada, BRM Carbyne Jaguar Fundo de Investimento Financeiro em Ações, as well as Fernando Antonio Kulnig Cinelli, who was elected to the company’s Board of Directors in 2026. Press coverage: Valor
• Panasonic do Brasil and Greenlane: Advised Panasonic do Brasil on its strategic partnership with Greenlane Renewables Inc., a global leader and pioneer in biogas upgrading technologies, for the local manufacturing of biogas upgrading equipment in Brazil. The partnership enables the production of Greenlane’s Cascade LF and Cascade MS systems at Panasonic’s manufacturing facility in São José dos Campos, São Paulo (2026). Press coverage: Broadcast
• Cosan Luxembourg S.A. – 2031 Notes Offering: Advised Itaú BBA, Morgan Stanley, Bradesco BBI, BTG Pactual, Santander, and UBS on the US$600 million Rule 144A/Reg S offering of senior notes due 2031 issued by Cosan Luxembourg S.A. and guaranteed by Cosan S.A. (2024). Press coverage: Brazil Journal
• HPX Corp. and Emergência Participações S.A.: Advised HPX Corp., a NYSE-listed Special Purpose Acquisition Company (SPAC) formed to pursue business combinations in Brazil, on its business combination with Emergência Participações S.A., Ambipar’s environmental emergency response business. Upon closing, the combined company’s shares began trading on the NYSE (2023). Press coverage: The Latin American Lawyer | Business Wire
• Cosan Luxembourg S.A. – 2030 Notes Offering and Tender Offer: Advised the international underwriters and dealer managers, led by Itaú BBA and Morgan Stanley, on the US$550 million Rule 144A/Reg S offering of unsecured notes due 2030, combined with a US$250 million cash tender offer for outstanding notes issued by Cosan Luxembourg S.A. and guaranteed by Cosan S.A. (2023). Press coverage: Estadão
• Sendas Distribuidora S.A. – 2023 Follow-on Offering: Advised the international underwriters and placement agents, led by BTG Pactual, Bradesco BBI, Itaú BBA, and J.P. Morgan, on the SEC-registered US$800 million secondary offering (follow-on) of common shares, including ADSs, issued by Sendas Distribuidora S.A., one of Brazil’s largest retailers (2023). Press coverage: Lex Latin
• Casa do Adubo S.A. and Nutrien Ltd.: Advised the shareholders of Casa do Adubo S.A., a Brazilian distributor of fertilizers, crop protection products, and seeds, on the sale of 100% of the company’s equity interest to a subsidiary of Nutrien Ltd., the Canadian fertilizer producer and the world’s largest provider of agricultural inputs and services (2022). Press coverage: Nutrien
• Sendas Distribuidora S.A. – 2022 Follow-on Offering: Advised the international underwriters and placement agents, led by Itaú BBA, BTG Pactual, and J.P. Morgan, on the SEC-registered US$500 million secondary offering (follow-on) of common shares, including ADSs, issued by Sendas Distribuidora S.A. (2022). Press coverage: Estadão | Valor Internacional
• Ceres Terminals and TraPac Jacksonville: Advised Ceres Terminals on its acquisition of TraPac Jacksonville, LLC, operator of the TraPac Jacksonville container terminal at the Port of Jacksonville, from Mitsui O.S.K. Lines, Ltd. (MOL), together with the execution of a long-term lease and terminal modernization agreement with the Jacksonville Port Authority (JAXPORT) (2022). Press coverage: Sea Trade Maritime
• Oncoclínicas Brasil Serviços Médicos S.A.: Advised Oncoclínicas Brasil Serviços Médicos S.A., one of Brazil’s leading oncology healthcare providers, on its BRL 3 billion IPO conducted under Rule 144A/Reg S and its listing on B3 (2021). Press coverage: Valor
• BTG Pactual Shoppings FII and BR Malls: Advised BTG Pactual Shoppings Investment Fund, managed by BTG Pactual Serviços Financeiros S.A. DTVM, on the BRL 696 million acquisition of seven shopping malls from BR Malls Participações (2019). Press coverage: Money Times
• Temasek and Bionexo: Advised Temasek Holdings, the Singapore sovereign wealth fund, on its acquisition of an equity interest exceeding 30% in Bionexo Internacional Participações e Empreendimentos S.A., a holding company with operations in Brazil, Argentina, Colombia, Spain, Mexico, and Uruguay (2018). Press coverage: Valor
• Braskem and Cetrel: Advised Braskem S.A. on its US$610 million acquisition of Odebrecht S.A.’s 63.66% equity interest in Cetrel S.A., including the indirect acquisition of control of Distribuidora de Água Camaçari S.A. (2017). Press coverage: O Globo
• Temasek and Burger King Brasil: Advised Temasek Holdings, through Montjuic Fundo de Investimento em Participações, on the acquisition of Burger King Brasil shares held by other shareholders, as well as on the fund’s direct investment in the company. Press coverage: Exame
• Jackson S.A. (Engevix Group), Desenvix, and Statkraft: Advised Jackson S.A., the holding company of the Engevix Group, on the sale of its 36.84% equity interest in Desenvix Energias Renováveis to Statkraft (2015). Press coverage: Valor
• Odebrecht Transport, Changi Airport, and Galeão International Airport: Advised Odebrecht Transport Participações (OTP) on its partnership and joint venture with Changi Airport that successfully won the BRL 19 billion concession for Galeão International Airport in Rio de Janeiro (2013). Press coverage: UOL
• Insinuante and Ricardo Eletro: Advised Grupo Insinuante on its merger with Grupo Ricardo Eletro, creating Máquina de Vendas, one of Brazil’s largest retail groups, with approximately 500 stores and annual revenues exceeding BRL 9.5 billion at its peak (2011). Press coverage: G1 Globo

• Executive business program at the Wharton School of the University of Pennsylvania
• LL.M. from the University of Pennsylvania Carey Law School
• Postgraduate degree (specialization) in Corporate Law from Fundação Getulio Vargas (FGV)
• Law degree from the Universidade Federal de Minas Gerais (UFMG)