Industry News
Nexxus Capital Announces Investment in Moda Holding
31 August 2011
(Nexxus Capital) August 31, 2011 – Nexxus Capital IV (“Nexxus IV”) and Nexxus Capital Private Equity Fund V, L.P. (“Nexxus V”), funds managed by Nexxus Capital, announce that they have made an investment in Moda Holding , S.A.P.I de C.V. for a 49.79% ownership. Moda Holding is the owner of the companies that operate 77 shoe stores in the main shopping malls in Mexico under the brands Dorothy Gaynor, No Pienses Igual (NPI) and Varanni.
Moda Holding’s management team will be headed by a professional team with vast knowledge in the retail and fashion industry.
This is the first investment in Moda Holding. The management will continue analyzing other apparel and fashion concepts that can be added to the platform.
About Nexxus Capital
Nexxus Capital was founded in 1995 and is based in Mexico City. Nexxus is the largest Mexican private equity fund manager in the Country. Nexxus has delivered above the region average, unleveraged investment returns to investors, achieving an outstanding performance throughout its history and track record. 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
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