The burger fast food industry in Latin America is a vibrant sector driven by an appetite for convenience and flavor. Popular chains like Burger King, McDonald's, and local brands are prominent fixtures in shopping districts, porting rich menus that blend traditional and regional tastes. This industry is witnessing promising growth, tapping into consumers’ preference for affordable dining experiences and delivering innovative options like plant-based burgers. With a focus on sustainability and technology, the future appears bright for these food outlets as they adapt to evolving culinary trends while appealing to health-conscious diners.


Investors in the burger fast food arena reflect a mix of corporate giants and private equity firms, predominantly headquartered in Brazil and Mexico. Prominent firms, such as Femsa and JBS, contribute significantly to their sectors with operations boasting thousands of employees. Founded between 1934 and 2019, these entities all emphasize strategic investments, marking a total of 17 significant deals in 2024 alone. Their diverse approaches illustrate a keen interest in boosting engagement and driving growth in a highly competitive marketplace.


Top 10 Burger Fast Food Investors in Latin America


1. Jbs

  • Website: jbs.com.br
  • Type: Corporate
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 1953
  • Headcount: 10001+
  • Number of deals in 2024: 1
  • LinkedIn: jbs

JBS S.A. is a leading food processing company based in Sao Paulo, Brazil, specializing in the production of beef, pork, poultry, fish, and plant-based products. Founded in 1953, JBS has grown to become one of the largest food companies in the world, serving a diverse range of customers, including food retailers and restaurants. Notably, JBS has made significant acquisitions that enhance its position in the meat industry, such as the acquisition of Seara Alimentos for $2.5 billion in 2013, which expanded its portfolio in processed meats. In 2015, JBS acquired Primo Smallgoods, further solidifying its presence in the meat market. The acquisition of Vivera in 2021 for $410 million also indicates JBS's interest in plant-based products, catering to evolving consumer preferences. Additionally, their agreement to acquire Cargill's US-based pork business for $1.45 billion positions JBS as a major player in the pork sector, which is relevant for burger fast food chains that utilize pork products. Overall, JBS's extensive involvement in the meat supply chain and its strategic acquisitions make it a significant investor in the burger fast food industry.


2. Femsa

  • Website: femsa.com
  • Type: Corporate
  • Headquarters: Monterrey, Nuevo Leon, Mexico
  • Founded year: 1890
  • Headcount: 10001+
  • Number of deals in 2024: 3
  • LinkedIn: femsa

Fomento Económico Mexicano S.A.B. de C.V. (Femsa) is a multinational company based in Monterrey, Nuevo Leon, Mexico, primarily known as the largest Coca-Cola bottler globally and for operating OXXO, a chain of convenience stores. Founded in 1890, Femsa has expanded its operations across 18 countries, focusing on creating economic and social value through diverse offerings. Notably, Femsa has made significant investments in the food service sector, including the acquisition of an 80% stake in Doña Tota, a quick-service restaurant operator, announced on September 23, 2013. This strategic move aims to leverage Femsa's retail expertise to enhance Doña Tota's operations. Additionally, Femsa's acquisition of Valora for over $1.1 billion in July 2022 and its acquisition of Ok Market in October 2020 further demonstrate its commitment to expanding its footprint in the retail and food service industries, making it a relevant player in the burger fast food investment landscape.


3. Vinci Compass Brasil

  • Website: vincipartners.com
  • Type: Private Equity
  • Headquarters: Rio De Janeiro, Rio De Janeiro, Brazil
  • Founded year: 2009
  • Headcount: 501-1000
  • Number of deals in 2024: 3
  • LinkedIn: vincipartners

Vinci Compass Brasil, a private equity firm based in Rio de Janeiro, Brazil, specializes in a variety of financial services including Private Equity, Infrastructure, Real Estate, and Corporate Advisory. Founded in 2009, the firm serves institutional investors and high-net-worth individuals, helping them navigate investment opportunities for growth. Notably, Vinci Compass Brasil has made significant investments in the burger fast food sector, including a private equity round for Burger King in 2011 and the acquisition of the Brazilian operations of Domino's Pizza from Grupo Trigo in 2018 for approximately US$61 million. This acquisition included plans to invest up to BRL250 million to open around 500 new stores over the next five years, highlighting their strategic focus on expanding their footprint in the fast food market.


4. Alta Growth Capital


Alta Growth Capital is a private equity firm founded in 2006, based in Mexico, that specializes in investing in middle-market companies. The firm focuses on providing growth capital to businesses across various sectors, helping them achieve institutionalization, market leadership, and operational efficiencies. Notably, Alta Growth Capital has invested in the burger fast food sector, with significant transactions including Carl's Jr. México in 2022 and Little Caesars in 2014. These investments highlight their commitment to the fast food industry, particularly in the burger segment, as they partner with experienced management teams to unlock potential and drive value creation.


5. Brf

  • Website: brf-global.com
  • Type: Corporate
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 1934
  • Headcount: 10001+
  • Number of deals in 2024: 4
  • LinkedIn: brf

BRF is a leading food manufacturing company based in Sao Paulo, Brazil, founded in 1934. It specializes in the production and distribution of meat and poultry products, serving a diverse customer base that includes both consumers and businesses in the food industry. The company emphasizes quality and sustainability in its operations. Notably, BRF has made strategic acquisitions to enhance its market presence, such as acquiring Universal Meats (UK) Limited in 2016, which aligns with its globalization strategy. Additionally, BRF's acquisition of Alimentos Calchaquí Productos, the owner of the Bocatti cold-cut brand in Argentina, further expands its operations in the meat sector. These transactions highlight BRF's commitment to strengthening its position in the food industry, particularly in meat production, which is crucial for the burger fast food market.


6. MAS Equity Partners


MAS Equity Partners is a private equity firm founded in 2009, based in Cajicá, Bogota, Colombia. The firm specializes in investment management and strategic guidance for medium-sized companies in the Andean region. They focus on providing minority equity investments and support to visionary entrepreneurs, helping them achieve sustainable growth and navigate business challenges. Notably, MAS Equity Partners has been involved in investments in the food sector, including Kokoriko, which raised funds in 2017 and is known for its chicken fast food offerings, and Andrés Carne de Res, which raised funds in 2008 and is a prominent restaurant known for its diverse menu that includes burgers. These transactions highlight MAS Equity Partners' engagement in the food industry, particularly in businesses that align with the fast food sector.


7. Venturance Alternative Assets


Venturance Alternative Assets is a private equity investment management company based in Vitacura, Santiago, Chile, founded in 2010. The firm specializes in alternative assets, including Growth Equity, Venture Capital, Real Estate, and Private Debt. They provide financial advisory services to businesses, families, and individuals, helping them navigate investment opportunities and manage their portfolios effectively. Notably, Venturance has invested in Streat Burger, a burger fast food venture, during its seed round in May 2019. This investment highlights their engagement in the burger fast food industry, alongside other transactions such as their involvement with Done Properly, which, while not directly related to burgers, showcases their active investment strategy in various sectors.


8. TreeCorp Investimentos


TreeCorp Investimentos is a private equity firm based in Sao Paulo, Brazil, founded in 2012. The firm specializes in investing in high-growth companies across various sectors in Brazil, providing both capital and advisory services to enhance business performance. One of their notable transactions includes the acquisition of Cabana Burger on June 25, 2020, for approximately $11.2 million. This investment highlights TreeCorp's commitment to the burger fast food industry, showcasing their strategy of partnering with entrepreneurs to unlock value and navigate growth challenges effectively.


9. Kamay Ventures

  • Website: kamayventures.com
  • Type: Venture Capital
  • Headquarters: Belgrano, Buenos Aires, Argentina
  • Founded year: 2019
  • Headcount: 11-50
  • Number of deals in 2024: 5
  • LinkedIn: kamay-ventures

Kamay Ventures is a corporate venture capital fund based in Belgrano, Buenos Aires, Argentina, founded in 2019. The firm focuses on investing in and accelerating startups across various industries, including Digital Commerce and Agtech. They provide not only capital but also strategic support and access to a network of mentors and partners, helping entrepreneurs navigate their growth journey. In 2023, Kamay Ventures participated in a significant seed investment in Bacu, a Colombian restaurant chain that aims to enhance its operations and expand into new markets. This investment highlights their engagement in the food service sector, particularly in innovative restaurant concepts. Additionally, they have been involved in other transactions, such as investments in startups like Nude and Sensei, showcasing their diverse portfolio while still maintaining a foothold in the food industry through Bacu.


10. FEMSA Ventures

  • Website: femsaventures.com
  • Type: Venture Capital
  • Headquarters: Chihuahua, Chihuahua, Mexico
  • Founded year: 2018
  • Headcount: 11-50
  • Number of deals in 2024: 4
  • LinkedIn: femsaventures

FEMSA Ventures is a Corporate Venture Capital firm based in Chihuahua, Mexico, founded in 2018. The firm specializes in investing in innovative startups and entrepreneurs across various sectors, including retail and technology, with a primary focus on the Latin American market. In 2024, they participated in a significant Series B funding round for Cayena, a B2B food marketplace, which raised $55 million. This follows their earlier investments in Cayena, including a $13 million Series A round in 2023 and a $17.5 million Series A round in 2022. Their involvement in Cayena highlights their interest in the food industry, particularly in technology-driven solutions that could support food distribution and services, relevant to the burger fast food sector.



Burger Fast Food Insights: Key Investors in Latin America


InvestorHeadquarterSizeFoundedDeals 2024
JbsSao Paulo, Sao Paulo, Brazil10001+19531
FemsaMonterrey, Nuevo Leon, Mexico10001+18903
Vinci Compass BrasilRio De Janeiro, Rio De Janeiro, Brazil501-100020093
Alta Growth CapitalMexico11-5020060
BrfSao Paulo, Sao Paulo, Brazil10001+19344
MAS Equity PartnersCajicá, Bogota, Colombia11-5020090
Venturance Alternative AssetsVitacura, Santiago, Chile11-5020100
TreeCorp InvestimentosSao Paulo, Sao Paulo, Brazil11-5020120
Kamay VenturesBelgrano, Buenos Aires, Argentina11-5020195
FEMSA VenturesChihuahua, Chihuahua, Mexico11-5020184


Want to find more investors focusing on the burger fast food industry?

If you want to find more investors that are active in the burger fast foodindustry, you can do that with Inven. We built this list and analysis throughInven's Investor Search, and there are a lot more private equity, venturecapital, and corporate investors like these globally.

With Inven, you'll also get to know:

  • Deal History: Number of deals and their sizes.
  • Portfolio: Companies they've invested in.
  • Contact data: Key dealmakers, including their emails and phonenumbers.
  • ...and much more!