Arco Announces a US$150 Million Investment from Dragoneer and General Atlantic

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Nov 18, 2021

Arco Platform Limited, or Arco (Nasdaq: ARCE),today announced that it has entered into agreements led by affiliates of Dragoneer Investment Group LLC (“Dragoneer”), which have committed to make a US$100 million strategic investment, and General Atlantic Partners (Bermuda) J, L.P. (“General Atlantic”), which has committed to make a US$50 million strategic investment, through the purchase of convertible senior notes, subject to customary closing conditions.