Eletromidia closes investments in TOTS, DMS

Eletromidia S.A., a portfolio company of H.I.G. Capital LLC, has completed its investments in DMS Publicidade Mídia Interativa Ltda (“DMS”) and Telefónica On The Spot Soluções Digitais Do Brasil Ltda (“TOTS). Financial terms weren’t announced. DMS operates out-of-home advertising in the subway systems of Rio de Janeiro. TOTS also operates out-of-home advertising in the São Paulo subway systems.

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