IMF Investors to Acquire a 24.99% Stake in Conmex from OHL Mexico

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(IFM Investors) OHL Mexico, one of the leading groups in the infrastructure sector in Mexico, and IFM Investors, a uniquely-structured global fund manager, have signed today a transaction for the acquisition of a 24.99% stake in Organizacion de Proyectos de Infraestructura (OPI) by IFM Investors. OPI owns Concesionaria Mexiquense (Conmex), the company responsible for the operation of the Circuito Exterior Mexiquense (CEM) toll road in Mexico, which has a remaining concession life of 37 years. With a length of 111 km, this toll road constitutes the north-eastern section of Mexico City’s ring road and is located in a densely populated and industrial area with a high rate of motorization. Read more

PC Capital Closes Mexico Development Fund I

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(Press Release) PC Capital Management, a specialized Mexican growth equity investment firm, announced today the initial closing of its Mexico Development Fund I, L.P. The fund will target US $1 to US$10 MM investments in growth equity and mezzanine opportunities in Mexico with an emphasis on companies operating in the financial services, education, and sustainability industries. Read more

Mexican Fund ALL Venture Partners Invests in Argentinian Start-up, Nubity (en español)

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(Venture MX) ALL Venture Partners announced the investment in technology company, Nubity. The Argentinian start-up offers monitoring and server management services through a software and easy to use platform with 24/7 availability. Some of the company’s notable clients include Cinemark in Argentina, Sony in the United States and Club Ateltico Boca Juniors. Read more

Capital Indigo Invests in Mexico’s Winbits

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(Press Release) Capital Indigo announced that its fund “Indigo 1 FICAP” made an investment in Mexico-based Winbits. Read more

Mexico’s Axis Capital Management Raised US$480m

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(Press Release) Mexico’s Axis Capital Management has just raised US$480m (MXN6,500m) for its latest investment vehicle or “CKD,” which will allow Mexican pension funds to invest in private equity.

Advent International Raises US$2.1b Fund, Largest Private Equity Fund Dedicated to Latin America

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(Press Release) Advent International, one of the largest and most experienced global private equity investors, today announced that it has received US$2.1b in commitments for Advent Latin American Private Equity Fund VI, reaching the Fund’s hard cap after less than six months in the market. Read more

Alta Ventures Invests in Wanderu

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(PEHUb) Wanderu, a Boston-based travel search engine, providing the simplest way to find and book bus and train travel, announced it has raised US$5.6m in a Series A round of financing from Metamorphic Ventures, Alta Ventures, 500 Startups and others. Read more

KIO Networks Finalizes Acquisition of RedIT

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(PRNewswire) KIO Networks, an international provider of Information Technology services and mission-critical on-demand data centers, has concluded the final regulatory process regarding the acquisition of redIT, an international company specializing in providing IT managed cloud, connectivity, and data center services in the U.S. and Mexico. Mexican PE fund LIV Capital and the Abraaj Group had both backed RedIT. Read more

Mexico’s Axis Capital Management Back in the Market with a Target of MXN6.9bn (US$510m) (en español)

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(Press Release) Axis Capital Management is back with a Target of MXN6.9bn (US$510m). Read more

Chuck E. Cheese buys Peter Piper Pizza

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(PEHub) CEC Entertainment, which is backed by Apollo Global Management, has acquired Peter Piper Pizza. Financial terms weren’t announced. The seller is ACON Investments. Peter Piper is a pizza and entertainment restaurant chain that operates 32 company-owned locations and 115 franchises in the southwestern U.S. and Mexico. North Point Advisors provided financial advice to Peter Piper. Read more