Nexxus Capital, through its portfolio company Taco Holding, announced the closed divestment of Krispy Kreme Mexico, which was acquired by Krispy Kreme Doughnut Corporation, the global owner of the brand. The partial exit resulted in a return of liquidity to Nexxus Capital’s LPs. Financial terms of the transaction were undisclosed.
(Press Release) Nexxus announces that on November 19, 2019, successfully closed the divestment of Krispy Kreme Mexico, one of the divisions of Taco Holding, a portfolio company of Nexxus, focused on the restaurant industry. Krispy Kreme Mexico was acquired by Krispy Kreme Doughnut Corporation, global owner of the brand. With this transaction we complete an additional partial cycle of divestment of our portfolio by returning liquidity to our investors. We thank Krispy Kreme Mexico’s operating team and investors for the valuable work performed during these years.
Nexxus continues to analyze investments, drive growth of portfolio companies and seek divestment opportunities to return liquidity to its investors.
Nexxus has realized 27 Private Equity investments in Mexico and divested on 14 of them. Nexxus has raised and managed seven funds through ten vehicles with Capital Commitments and Co-Investments for over $ 1.6 billion USD as a whole and is the sole Mexican Alternative Asset Manager that has listed six companies in the Stock Markets.
For more information, please visit www.nexxuscapital.com or contact:
Investor relations email@example.com