(Linzor Capital) October 31, 2011 – Linzor Capital Partners, a regional Latin American private equity firm focused on the middle market, announced that it has acquired 100% of TIP de Mexico, S. de R.L. de C.V. (“TIP”), the Mexican branch of GE Trailer Fleet Services, a wholly owned subsidiary of GE Capital.
Terms of the deal were not disclosed.
TIP is Mexico’s leading equipment rental services franchise dedicated to the Transportation Industry with the largest trailer fleet in the country, operating state of the art maintenance yards in Mexico City, Monterrey and Guadalajara and providing integrated financial solutions to its clients, including rental, leasing, maintenance and re-marketing of trailer units.
“We are very excited about this acquisition. We look to invest in companies that are leaders in their markets. TIP has a very strong business franchise in Mexico which we look forward to continue growing further,” stated Tim Purcell, Managing Partner of Linzor Capital Partners.
About Linzor Capital Partners
Founded in 2006, Linzor Capital Partners is a leading middle market private equity firm focused on Mexico, Colombia, Chile, Peru and Argentina. The firm has raised two private equity funds to date: LCP I ($181 million of committed capital) and LCP II (recently closed with $465 million in commitments). Linzor looks to build a diversified portfolio of investments from a wide range of industry sectors throughout its target markets. For additional information, visit the firm’s website at: www.linzorcapital.com.