EIM Capital And American Energy Partners Join Forces To Pursue Unconventional Energy Exploration In Mexico

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(PR Newswire) Mexico’s EIM Capital and an affiliate of Oklahoma City, Oklahoma-based American Energy Partners, LP today announced a new, long-term, landmark partnership to explore the vast exploration and development opportunities offered by Mexico’s abundant oil and gas energy resources. Read more

Alta Growth Capital Completes the Acquisition of Fruehauf de Mexico

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(Press Release) Alta Growth Capital (“AGC”) announced that it has completed the acquisition of Fruehauf de Mexico, the leading manufacturer of semi-trailers for industrial and commercial use in Mexico. Terms of the acquisition were not disclosed. “We are excited to acquire such an iconic brand in the semi-trailer industry,” said Scott McDonough, Managing Director at AGC. “We believe Fruehauf is well-positioned to benefit from growing transportation needs in Mexico as the country’s middle class continues to expand.” Read more

ALLVP Invest in Leading Provider of Residential Solar Power Enlight

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(Press Release) Today, Antoni & Lelo de Larrea Venture Partners announced their investment in Mexico’s leading solar electricity solution provider Enlight (formerly Enerclima), further placing their bet on the electricity sector in Mexico in addition to its partnership with Mexico’s first electricity broker-dealer E3. Read more

Mexican GDF to Launch MXN$100m Seed Fund for Startups (en español)

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(El Financiero) The government of Mexico’s Distrito Federal is launching a MXN$100m seed fund for startups with presence in Mexico City. Nacional Financiera is contributing with funding for this program. Read more

Parkimovil Raises MX$10m and Seeks Expansion (en español)

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(El Economista) INADEM-backed ON Ventures y Capital Invent make MX$10m investment in online & mobile parking platform Parkimovil. Read more

Nubelo Buys an Additional 31% of Prolancer (en español)

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(Expansión) Freelance employment portal Nubelo acquires Brazilian counterpart, Prolancer. Read more

EIM Capital Invests US$500m in León for Electrical Projects

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(El Financiero) Expresident Vincente Fox Quezada announced that investment fund EIM Capital, has committed to investing US$500m into León for electric field projects. Read more

Finnovista Raising US$15m to Invest in Technology

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(El Financiero) Accelerator Finnovista is working with investors and the government to create a private equity fund in Mexico for US$15m for disruptive fintech startups. Read more

Solar Power Startup Bright Raises $US4m to Distribute Energy In The Developing World

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(TechCrunch) Bright, a solar panel installation and distribution startup, pulled in $4 million in seed money to build out its solar software and financing team. Read more

ALLVP Invests in Fastest Growing On-Demand Grocery Platform in Latin America: Cornershop

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(Press Release) Today, ALLVP announced their investment in the grocery-revolutionizing platform Cornershop, further placing their bet on mobile commerce in Latin America. Cornershop offers a state-of the-art shopping experience where customers are able to purchase their groceries online from a variety of local stores and have them delivered to their location of choice within two hours. In line with the rising tide of customer expectations, Cornershop’s core model is founded on consistency, efficiency, and reliability for both customers and retailers, offering the latter additional distribution channels. Read more