México - Janeiro 2014

Janeiro 2014
México - Janeiro 2014
Pages: 18
Format: .PDF

(content in english)

The Mexican transactional market was particularly active in January 2014, continuing a trend set in previous months. A total of 17 deals were recorded, both announced and closed, which represents a 23% increase compared with the same period last year. On the other hand, the investment volume decreased to USD 1.01bn, compared with USD 2.69bn in January of 2013. In spite of this, highlights include several large transactions. France-based Eutelsat Communications acquired SatMex, for USD 831m, and Assurant acquired a majority stake in Iké Asistencia, for USD 115m.

Regarding cross-border deals, in January the Mexican companies attracted interest from foreign investors, continuing the tendency of previous months. US-based acquirers were the most active, followed by France, Spain and Switzerland.

In the private equity sector, highlights include the venture capital segment with three investments in Latin American startups. Noteworthy was the financial round carried out by Oja.la, a Colombia-based internet platform, subscribed by Angel Ventures México and Mexican healthcare company Meridia Centro de Día.

The year 2014 has begun on a positive note, with several deals announced and some under way; negotiations that began in 2013.

 





See transaction

Deal of the Month - January 2014 

SatMex

 

Advisers:

Credit Suisse Group

Debevoise & Plimpton

Eutelsat Communications

Mijares, Angoitia, Cortés y Fuentes

Hamelink & Van den Tooren

Ropes & Gray US

Greenberg Traurig México

Ropes & Gray US