(Nexxus Capital) May 23, 2012 – Nexxus Capital IV (“Nexxus IV”) and Nexxus Capital Private Equity Fund V, L.P. (“Nexxus V”), funds managed by Nexxus Capital, announced that they have made an investment for a 31% ownership in Price Travel.
Price Travel is an integrated platform of tourism services that sells hotel, airline tickets, ground transportation, tours and vacation packages through its website (www.pricetravel.com), a contact center, Price Travel Shops (98) and affiliate online web pages. Price Travel currently has a significant market share in Mexico.
This is the third investment that Nexxus Capital has executed through its funds Nexxus IV and Nexxus V. The two previous investments are Taco Holding, a consolidating platform in the quick service restaurant industry and Moda Holding, a consolidating platform in the apparel industry.
Nexxus Capital was founded in 1995 and is based in Mexico City. Nexxus Capital is the largest Mexican private equity fund manager in the Country. Nexxus Capital has delivered above the region average, unleveraged investment returns to investors, achieving an outstanding performance throughout its history and track record. Nexxus Capital has made 16 investments in Mexican companies through the five funds that it has managed. Among its key investments are Desarrolladora Homex [BMV: HOMEX, NYSE:HXM], Genomma Lab Internacional [BMV: LAB], and Grupo Sports World [BMV: SPORT].
For further information on Nexxus Capital visit www.nexxuscapital.com.