M&A Newsletter — August 2021

Financial company Fintual acquired Invermerica, a financial company specializing in wealth-planning services.

Mexico's Kanan Smart Solutions, a subsidiary of Grupo Bimbo (BMV: BIMBOA) dedicated to photographing the interior of food products to identify foreign objects, was acquired by Mekitec for an undisclosed amount.

LukOil (MCX: LKOH), Russia's largest oil company, acquired 50% of the well-known Block 4 concession held by PetroBal — comprising the Ichalkil and Pokoch fields in the Gulf of Mexico (with reserves of more than 564 million barrels of oil) — for USD$ 435.0 million.

Mexico's Cartonbox, a corrugated-cardboard box manufacturer, was acquired by Smurfit Kappa Group (DUB: SK3) for an undisclosed amount.

Mexico's SITWIFI, a company operating two business lines — one dedicated to the design, equipment, installation, maintenance and support of WiFi networks for institutional clients, and another providing services at high-density public venues — closed a significant funding round led by Bocel PE.

Mexico's Isibit, a developer of a platform for the booking and management of business travel, closed a funding round led by 500 Startups and Y Combinator.

Mexico's Nowports, a developer of a digital platform for cargo transportation, closed a funding round of USD $16.0 million with Mouro Capital.

Mexico's Klar, a financial company operating a "Challenger Bank" — accepting deposits and offering credit — closed a funding round for an undisclosed amount with General Atlantic.

Mexico's Clara, a provider of very low-cost corporate credit card financial services to businesses, closed a funding round of USD $35.0 million led by DST Global.

Mexico's Valoreo, a business platform dedicated to acquiring, operating and scaling e-commerce businesses, closed a funding round of USD $30.0 million with Presight Capital and Kingsway Capital.

Mexico's Bright, a subscription-model solar energy services provider, closed a funding round of USD $7.5 million led by Climate Capital, Caffeinated Capital and E8.

Mexico's Moons, a dental services provider, closed a funding round of USD $9.0 million led by DILA CAPITAL.

Mexico's Guros, a developer of a digital insurance sales platform, closed a funding round of USD $5.8 million led by F-PRIME CAPITAL and Cometa.

Zepelin, a digital financial services provider for SMEs, closed a funding round of USD $230.0 million led by Kazsek and Kayyak Ventures.

Marco, a developer of a platform to provide working capital to SMEs, closed a funding round of USD $82.0 million led by Kayyak Ventures and Tresalia Capital, among others.

Asistensi, an insurance and medical-assistance provider for migrants, closed a funding round of USD $10.2 million led by Mundi Ventures, Nazca and 468 Capital.

Protera, a company dedicated to developing engineered proteins for the food industry, closed a funding round of USD $10.0 million led by Grupo Bimbo (BMV: BIMBOA).

Pura Mente, an application developed for meditation, closed a funding round for an undisclosed amount led by Dux Capital.

Mexico's Hospitales MAC, a hospital operator / hospital group, raised $1,500.0 million pesos through the placement of certificados bursátiles on BIVA – Bolsa Institucional de Valores.

Mexico's PNM Gas, a natural-gas provider, was financed by New York Life, Macquarie and other groups for an undisclosed amount.

Mexico's Alterna Asesoría Internacional, a holding company of firms dedicated to financial advisory and venture-capital fund management, was listed on the Bolsa Mexicana de Valores under the ticker BMV: ALTERNAB, having been spun off from BMV: ACTINVERB.

Vsblty (CNQ: VSBY), Retailigent Media and Grupo Modelo (XMAD: XGMD) reached an agreement to form a Joint Venture to install and manage a closed-circuit television network and monitoring system in Modelorama stores and independent stores across Latin America.