Grain Management-Backed CONEXÃO Group Announces New CFO
São Paulo (SP), (April 6th 2022)
Triple Play Brasil Participações S.A. (“Conexão Group”), a Grain Management, LLC portfolio company, announced today that Danilo Pérez has been appointed as Chief Financial Officer, effective April 6, 2022. Mr. Pérez will report to Conexão’s CEO Denis Ferreira.
Mr. Pérez is a seasoned finance executive with 15 years of experience in subscription-based businesses. He joins Conexão from Sascar Participações S.A. (“Sascar”), a technology and innovation company owned by Groupe Michelin, previously held by GP Investments. While at Sascar, Mr. Pérez served as Chief Financial Officer for more than seven years and led diverse initiatives that allowed the company to substantially increase revenues and profits. Previously, he held senior financial management positions at Telefonica Brasil. Mr. Pérez has an engineering degree from Escola Politécnica da Universidade de São Paulo and completed his postgraduate studies in management from Fundação Getúlio Vargas.
“I am excited to join Conexão Group and support the company in the execution of its strategic plan,” said Mr. Pérez . “I look forward to working with the Conexão team to accelerate growth and deliver value to its shareholders,” he added.
Mr. Ferreira added, “Danilo brings valuable skills and expertise to our team. His ample experience as Chief Financial Officer of fast-growing companies, and as an executive in the telecommunications business fit perfectly with Conexão and will be extremely beneficial.”
About Conexão Group
Conexão Group provides broadband services using primarily Fiber-To-The-Home (FTTH) technology to approximately 470,000 homes and 25,000 business customers in six states in the Brazilian Southeast (São Paulo and Minas Gerais) and Northeast (Rio Grande do Norte, Ceará, Bahia and Paraiba) as of February 28, 2021. Conexão Group operates multiple brands including Cabo Telecom, Multiplay, Conexão, Outcenter, and StarWeb, among others.
Conexão Group is proud of its superior customer experience and decades worth of cutting-edge technology in providing broadband connectivity, Pay TV, telephone services and IT Corporate Services. Its owned infrastructure spans over 14,000 kilometers (approximately 8,700 fiber route miles) of fiber optic networks, reaching over 1.6 million homes and businesses. For more information, visit www.grupoconexao.com.br.
About Grain Management
Grain Management, LLC is a leading private investment firm that focuses on broadband infrastructure and technology companies that connect the world to the information economy. Founded in 2007, Grain invests exclusively in the telecommunications sector, employing a rigorous, data-based process buoyed by deep industry expertise to identify investment opportunities in key areas of telecommunications infrastructure, including fiber networks, wireless spectrum, and cell towers. For more information visit www.graingp.com.
