LAVCA VC
  • News Feed
  • VC Data
  • Directories
  • Features
  • Tech Growth Coalition
  • LAVCA Gender Diversity
  • Engage
    • VC Council
    • VC Members
  • LAVCA
  • Member Login
  • Member Access

LAVCA VC

  • News Feed
  • VC Data
  • Directories
  • Features
  • Tech Growth Coalition
  • LAVCA Gender Diversity
  • Engage
    • VC Council
    • VC Members
  • LAVCA

Nexxus Capital Invests in Pumping Team Holding

2 December 2016

(Nexxus Capital) Nexxus Capital announced that it reached an agreement to invest in Pumping Team Holding, a a concrete pumping services holding company with operations in Mexico and Spain.

Nexxus Capital announces that on December 2nd 2016 it has reached an agreement to invest in Pumping
Team Holding S.A. de C.V. (“Pumping Team”), a holding company of concrete pumping services with
operations in Mexico and Spain.

This investment will be made through Nexxus Capital Private Equity Fund VI, L.P. and Nexxus Capital VI
Trust (jointly “Nexxus VI”), once certain closing conditions are met, including the approval of Mexico’s Antitrust Authority (“COFECE”).

The transaction involves the Spanish Private Equity Fund MCH Iberian Capital Fund IV, F.C.R. (“MCH”),
and the shareholders of Pumping Team S.L.L. who will be the Operating Partners of the Company. This will be one of the first transactions that combines both a Mexican and international private equity funds.

Pumping Team will have nearly 550 pumping units, considering the existing operations in Spain as well as the units acquired by one of the Mexican subsidiaries of CEMEX S.A.B. de C.V.

The Operating Partners are deeply familiarized and experienced with the concrete pumping industry, having previously managed a fleet of +500 units in Spain, Portugal, and Poland.
Concrete pumping services are a critical segment of the value chain of the concrete industry and a recent trend indicates customers prefer this delivery method, not only because of its efficiency, but because of both quality and the concrete’s homogeneity.

Pumping Team will focus on obtaining additional profitability, and will analyze consolidating opportunities at an international level.

Nexxus Capital Invests in Pumping Team Holding was last modified: May 18th, 2017 by Editor
Concrete Pumping ServicesInfrastructureMexicoNexxus CapitalPumping HoldingSpain
0
Facebook Twitter Google +

Tech Growth Membership

The 2023 LAVCA Startup Founders Survey is made possible thanks to the support of LAVCA’s Tech Growth Membership, a group of leading tech companies and investors advancing the tech ecosystem in Latin America including AWS, Mercado Libre, Microsoft, Qualcomm Ventures, SVB, Riverwood Capital, Google and Movile.

VC Partner Events

    Tweets

    • Congratulations to all the winners of the 9th annual LAVCA ESG Deal Awards! Learn more about the winners here:… https://t.co/VSLSO2QDkU

      25-May-2023

      Reply Retweet Favorite
    • Join us at 10 am ET for LAVCA's 9th annual ESG Deal Awards! Join here: https://t.co/idTeK2S6lK #investors #LatAm… https://t.co/bbCEAOfjtd

      25-May-2023

      Reply Retweet Favorite
    • Nicolas Szekasy and Francisco Alvarez-Demalde of LAVCA Member firms @KaszekVentures & Riverwood Capital shared thei… https://t.co/GtxubjgCYD

      22-May-2023

      Reply Retweet Favorite
    • The 9th Annual LAVCA ESG Deal Awards will take place next Thursday, 25 May 2023 at 10 am ET on LinkedIn. LAVCA Mem… https://t.co/NpRQSoZgkJ

      18-May-2023

      Reply Retweet Favorite
    • Join us for "Increasing Participation of Women in Private Capital", the next module in the Inside Private Capital e… https://t.co/eQm8BFtlFg

      16-May-2023

      Reply Retweet Favorite

    Submit VC News

    Have private equity or venture capital related news that you would like to share? Submit your press releases and news to [email protected].

    VC Industry News

    • Goldman Sachs Asset Management Leads ~USD60m Round for Brazil’s Digibee

      30 May 2023
    • Carao Ventures and Intoku Health Lead USD5.5m Pre-Series A for Costa Rica’s Huli

      25 May 2023
    • Niya Partners and Tribe Capital Lead USD20m Series A for Mexico’s Kapital

      25 May 2023
    • QED Investors Reaches USD925m in Final Closings Across Two New Funds

      23 May 2023
    • Index Ventures leads USD26m Round for Latin America’s Liquido

      17 May 2023
    • Big Bets, Angel Invest and RTP Global Invest in USD8m Series for Brazil’s DataMilk

      5 May 2023
    • Community Investment Management Provides USD100m Debt Facility to Mexico’s R2

      5 May 2023
    • ALIVE Ventures and Reinventure Capital Lead USD3.5m Seed Round for Colombia’s BeeReaders

      3 May 2023
    • BAI Capital Leads USD10m pre-Series A for Galactic Holdings

      2 May 2023
    • Alaya Capital, FJ Labs, Mr. Pink and Opera Ventures Invest in Argentina’s Teamcubation

      30 April 2023

    About LAVCA

     

    LAVCA is the Association for Private Capital Investment in Latin America, a not-for-profit membership organization dedicated to supporting the growth of private capital in Latin America and the Caribbean through research, education, networking and advocacy.

    LAVCA Office

        New York City:
        589 8th Ave, 18th Floor
        New York, NY 10018

    Explore LAVCA.org

    • About LAVCA
    • Board, Team, & Advisors
    • Media
    • Contact Us
    • Membership Benefits
    • Members Only Access
    • Education and Programs
    • Research
    • Policy
    • LAVCA VC
    • Contact Us

    @2020 - LAVCA. All Rights Reserved.


    Back To Top