Representative Matters
Mergers & Acquisitions Work
- IFM Investors in the US$2.6b global acquisition of OHL’s infrastructure concessions subsidiary. This transaction was named Private Equity Deal of the Year by Latin Finance in the Latin Finance Deals of the Year Awards 2018
- Macquarie Capital and Techint, as sponsors, in the highly complex US$1.2b acquisition, development and project financing of the landmark 907MW Norte III power plant in Mexico, which will generate power for the Federal Electricity Commission pursuant to a 25-year PPA. This transaction was named LATAM Power Deal of the Year by Project Finance International (Thompson Reuters); Latin American Power & Overall Deal of the Year by IJ Global (Euromoney), Project Finance Deal of the Year by Latin Lawyer and Best Power Financing Deal by Latin Finance in the Project & Infrastructure Finance Awards 2018
- Citigroup, Sumitomo Mitsui Banking Corporation, BNP Paribas, JPMorgan Chase, and The Bank of Nova Scotia, acting as Joint Lead Arrangers and Joint Bookrunners, in a simultaneous syndicated credit facility and a Rule 144A / Reg. S bond offering to allow private equity fund Actis to successfully complete its acquisition of global power-generation company InterGen’s business interests in Mexico, including the purchase of 2,200 MWs in operation with six combined-cycle power generation projects, a 155 MW wind project with partner IEnova, a 65-kilometer natural-gas pipeline, and 3 natural gas-compression stations, for an enterprise value of US$1.256b. This is the first time that a project acquisition in Mexico of this size is executed with the use of bond proceeds. This transaction was named Best Infrastructure Financing in Mexico by Latin Finance in the Project & Infrastructure Finance Awards 2018, Latin American M&A deal of the Year 2018 by IJ Global (Euromoney) and Mexico Structured Bond Deal of the Year by GFC Media Group in the Bonds & Loans Awards 2019
- Rappi México – a leading global technology company and the first Unicorn in Latin America – in the structuring, negotiation and implementation, of a joint venture for an amount of US$400m with Grupo Financiero Banorte, one of the largest financial groups in Mexico
- Herbolaria de Altura (HdA), a Mexican company involved in the importation and distribution of cannabis-based products in the United States, Latin America, and Europe, in the investment agreement with a major Canadian retailer of cannabis which obtained a 50% interest in HdA
- Atlas Holdings in the acquisition of substantially all assets of LSC Communications, through a supervised sale process derived from LSC’s bankruptcy
- Fedrigoni, a Bain Capital subsidiary, in the 100% share acquisition of Industrial Papelera Venus, a leading Mexican entity in the label stock production market
- BT Group plc in the sale of selected assets, operations and infrastructure in 16 Latin American countries to CIH Telecommunications Americas LLC, an affiliate of CIH Technology Holdings
- Highlander Partners in the US$260m acquisition of Evans Food Group, which owns several lines of business in Mexico
- Atlas Holdings and Stryten Manufacturing in the acquisition of Exide de México, part of the American business’s acquisition of Exide Technologies for an amount of US$180m
- Poseidon Asset Management, with respect to the anchor investment, of a total capitalization of US$100m in Grupo Landsteiner Scientific, for the production and commercialization of cannabis based medical products
- CIP Capital and 3Pillar Holding, as buyers, in the US$50 acquisition of Tiempo Acquisition Corp., an invested company of Alerion Capital, and its Mexican subsidiaries
- Gentera in the increase of its participation in ConCrédito, to reach a majority stake of 51% of the outstanding shares, through different transactions, for an approximate amount of the share purchase of Pesos$500m
- Gentera in the Pesos $241.25m sale of Pagos Intermex, S.A. de C.V., a company dedicated to cross-border family remittances, to Transnetwork LLC
- Grupo Medico Joya in the Pesos$220m acquisition of two hospitals located in the Riviera Nayarit and Puerto Vallarta, property of Grupo Médico San Javier
- RAG Capital Partners in the Pesos $200m acquisition of the equity interest of Alta Growth Capital Mexico Fund, L.P. in three hospitals, located in the south of Mexico
- Grupo Resuelve tu Deuda in the equity investment and subscription by DILA Capital of a significant minority stake in the capital stock of Resuelve tu Deuda for Pesos $93m
- Grupo Niddo-Tziki in the consolidation of their restaurant and hospitality business in Mexico, the exit of certain minority participation and the Pesos $4.5m investment made by Grupo 3HG
- AE Industrial Partners in the Mexican portion of its acquisition of GSP Holdings, a manufacturer of machinery and components for the aircraft, aerospace and automotive industries
- Enomina, a Mexican technology company, in its divestiture and exit from its co-investment with ZetraSoft, a Brazilian company in the development and maintenance of financial technology platforms for the non-bank payroll credit sector
- Macquarie Capital in the multimillion-dollar sale to an SPV of InfraRed Capital Partners and Invex Infraestructura, of a 45.5% stake in Norte III Power, S.A.P.I., which owns the 907 MW Norte III power plant in Mexico for the generation of electricity for the Federal Electricity Commission pursuant to a 25-year PPA
- IFM Investors in the US$2.6b global acquisition of OHL’s infrastructure concessions subsidiary. This transaction was named Private Equity Deal of the Year by Latin Finance in the Latin Finance Deals of the Year Awards 2018
- Macquarie Capital and Techint, as sponsors, in the highly complex US$1.2b acquisition, development and project financing of the landmark 907MW Norte III power plant in Mexico, which will generate power for the Federal Electricity Commission pursuant to a 25-year PPA. This transaction was named LATAM Power Deal of the Year by Project Finance International (Thompson Reuters); Latin American Power & Overall Deal of the Year by IJ Global (Euromoney), Project Finance Deal of the Year by Latin Lawyer and Best Power Financing Deal by Latin Finance in the Project & Infrastructure Finance Awards 2018
- Citigroup, Sumitomo Mitsui Banking Corporation, BNP Paribas, JPMorgan Chase, and The Bank of Nova Scotia, acting as Joint Lead Arrangers and Joint Bookrunners, in a simultaneous syndicated credit facility and a Rule 144A / Reg. S bond offering to allow private equity fund Actis to successfully complete its acquisition of global power-generation company InterGen’s business interests in Mexico, including the purchase of 2,200 MWs in operation with six combined-cycle power generation projects, a 155 MW wind project with partner IEnova, a 65-kilometer natural-gas pipeline, and 3 natural gas-compression stations, for an enterprise value of US$1.256b. This is the first time that a project acquisition in Mexico of this size is executed with the use of bond proceeds. This transaction was named Best Infrastructure Financing in Mexico by Latin Finance in the Project & Infrastructure Finance Awards 2018, Latin American M&A deal of the Year 2018 by IJ Global (Euromoney) and Mexico Structured Bond Deal of the Year by GFC Media Group in the Bonds & Loans Awards 2019
- Rappi México – a leading global technology company and the first Unicorn in Latin America – in the structuring, negotiation and implementation, of a joint venture for an amount of US$400m with Grupo Financiero Banorte, one of the largest financial groups in Mexico
- Herbolaria de Altura (HdA), a Mexican company involved in the importation and distribution of cannabis-based products in the United States, Latin America, and Europe, in the investment agreement with a major Canadian retailer of cannabis which obtained a 50% interest in HdA
- Atlas Holdings in the acquisition of substantially all assets of LSC Communications, through a supervised sale process derived from LSC’s bankruptcy
- Fedrigoni, a Bain Capital subsidiary, in the 100% share acquisition of Industrial Papelera Venus, a leading Mexican entity in the label stock production market
- BT Group plc in the sale of selected assets, operations and infrastructure in 16 Latin American countries to CIH Telecommunications Americas LLC, an affiliate of CIH Technology Holdings
- Highlander Partners in the US$260m acquisition of Evans Food Group, which owns several lines of business in Mexico
- Atlas Holdings and Stryten Manufacturing in the acquisition of Exide de México, part of the American business’s acquisition of Exide Technologies for an amount of US$180m
- Poseidon Asset Management, with respect to the anchor investment, of a total capitalization of US$100m in Grupo Landsteiner Scientific, for the production and commercialization of cannabis based medical products
- CIP Capital and 3Pillar Holding, as buyers, in the US$50 acquisition of Tiempo Acquisition Corp., an invested company of Alerion Capital, and its Mexican subsidiaries
- Gentera in the increase of its participation in ConCrédito, to reach a majority stake of 51% of the outstanding shares, through different transactions, for an approximate amount of the share purchase of Pesos$500m
- Gentera in the Pesos $241.25m sale of Pagos Intermex, S.A. de C.V., a company dedicated to cross-border family remittances, to Transnetwork LLC
- Grupo Medico Joya in the Pesos$220m acquisition of two hospitals located in the Riviera Nayarit and Puerto Vallarta, property of Grupo Médico San Javier
- RAG Capital Partners in the Pesos $200m acquisition of the equity interest of Alta Growth Capital Mexico Fund, L.P. in three hospitals, located in the south of Mexico
- Grupo Resuelve tu Deuda in the equity investment and subscription by DILA Capital of a significant minority stake in the capital stock of Resuelve tu Deuda for Pesos $93m
- Grupo Niddo-Tziki in the consolidation of their restaurant and hospitality business in Mexico, the exit of certain minority participation and the Pesos $4.5m investment made by Grupo 3HG
- AE Industrial Partners in the Mexican portion of its acquisition of GSP Holdings, a manufacturer of machinery and components for the aircraft, aerospace and automotive industries
- Enomina, a Mexican technology company, in its divestiture and exit from its co-investment with ZetraSoft, a Brazilian company in the development and maintenance of financial technology platforms for the non-bank payroll credit sector
- Macquarie Capital in the multimillion-dollar sale to an SPV of InfraRed Capital Partners and Invex Infraestructura, of a 45.5% stake in Norte III Power, S.A.P.I., which owns the 907 MW Norte III power plant in Mexico for the generation of electricity for the Federal Electricity Commission pursuant to a 25-year PPA
