DLA Piper advises Riverwood Capital in investment round for AI-powered industrial maintenance company

DLA Piper advised client Riverwood Capital in leading a US$35 million growth round for AI-powered maintenance solutions company Fracttal, with support from all existing investors.

The investment strengthens Fracttal’s AI and product development capabilities, while accelerating its expansion in Latin America and Europe. Fracttal currently manages more than 20 million registered assets and is active in more than 60 countries.

The cross-border DLA Piper team consisted of Partners Matías Zegers (Santiago) and Enrique Chamorro (Madrid), Senior Associate Luis Ignacio Villasmil Bolinaga (Madrid), and Associates Pilar Ay, José Ignacio Marín (both Santiago), Eduardo Gallastegui (Mexico City), and Jorge Rahona Toledo (Madrid).

DLA Piper in Latin America’s team offers full-service business legal counsel to domestic and multinational companies with interests in and operations throughout the region. Our integrated approach to serving clients combines local knowledge with the resources of the DLA Piper global platform. With more than 400 lawyers practicing throughout Argentina, Brazil, Chile, Mexico, Peru, and Puerto Rico, in addition to our US-based cross-border attorneys, our teams frequently work with our professionals throughout the LatAm region, Iberian Peninsula, and around the globe. DLA Piper’s global platform of 90+ offices in more than 40 countries enables us to serve all our clients’ legal and business needs, whether they are based in Latin America or wish to do business there.

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