Interenergy Holdings Acquires Power Plants in Panama & Jamaica from Conduit Capital Partners

Tags: , , ,

(Press Release) Conduit Capital Partners and InterEnergy Holdings announced today that InterEnergy Holdings has purchased interests in two companies owned by Latin Power III, a US$392 million private equity fund managed by Conduit. Read more

El Paso Fire & Police Pension Funds Commits to Southern Cross

Tags: , , ,

(Pensions & Investments) El Paso (Texas) Firemen & Policemen Pension Fund committed $8 million to Southern Cross Latin America Private Equity Fund V. Read more

Alta Growth Capital Completes the Acquisition of Fruehauf de Mexico

Tags: , , ,

(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

Genomma Sells Control of Marzam to Dutch Fund (en español)

Tags: , , ,

(El Financiero) The Mexican Federal Economic Commission (COFECE) approved the Genomma Lab’s sale of Grupo Marzam to Dutch fund Moench Coöperatief for MXN$350m pesos. Read more

H.I.G. Races through Fundraising on Debut LatAm Fund

Tags: , , ,

(PEHub) H.I.G. Capital is moving at a quick pace through its debut Latin American fund, and expects to be wrapped up this year, according to three people with knowledge of the fundraising. Read more

The Carlyle Group to Acquire and Merge Nuevo Mundo Viajes and Condor Travel

Tags: , , , , ,

(Press Release) Global alternative asset manager The Carlyle Group (NASDAQ: CG) today announced it has agreed to acquire two established Peruvian tourism companies, Nuevo Mundo Viajes and Condor Travel, and merge them to create a regional tourism platform. Nuevo Mundo is the chief outbound tour operator in Peru and Condor Travel is a prominent inbound tour operator in Peru. Equity for the transaction will come from the Carlyle Peru Fund. Financial terms of the transaction, which is expected to close in September, were not disclosed. Read more

ALLVP Invest in Leading Provider of Residential Solar Power Enlight

Tags: , , , ,

(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

Aqua Capital Completes Third Deal & Acquires a Majority Stake in GeneSeas

Tags: , , , , ,

(PEHub) GeneSeas has units in the states of Sao Paulo and Mato Grosso do Sul. The GeneSeas transaction marks the third deal closed by Aqua Capital in 2015. Read more

The Abraaj Group Sells Stake in Peru’s Condor Travel to The Carlyle Group

Tags: , , ,

(Press Release) The Abraaj Group, a leading investor operating in global growth markets, today announced the signing of an agreement to exit its stake in Condor Travel S.A. to The Carlyle Group. Read more

Loggi Receives Investment of R$50m (em portuguêse)

Tags: , , , , ,

(Fusões & Aquisições) Loggi, the online express delivery services, just received financing totaling R$50m from three venture capital funds, Dragoneer Investment Group, Monashees Capital and Qualcomm Ventures. Read more