M&A Newsletter — December 2020

Canada's Barksdale Resources (TSVX: BRO) acquired ASACRO's drilling assets in Mexico.

Canada's Melior Resources (TSVX: MLR) acquired 100% of the shares of Ranchero Gold Corp., the company that owns 99.9% of the Santa Daniela project, a gold-mining project with 22,367 hectares under exploitation located in the state of Sonora.

U.S.-based Premium Guard Inc. (PGI) acquired the global automotive aftermarket filtration business from fellow U.S.-based Tenneco (NYSE: TEN). The acquisition includes Tenneco's plant in Tultitlán, the Interfil and Engine Clean brands, as well as inventories.

An unidentified investor acquired the Dreams Puerto Aventuras resort, a property of U.S.-based Playa Hotels and Resorts (NAS: PLYA), for USD $34.5 million.

Mexico's Zuma Energía, SA de CV, owner and operator of a platform of high-social-impact solar, wind and thermoelectric power-generation projects, was acquired by China Power International Holding for an undisclosed amount.

Mexico's Grupo Elektra, SAB de CV (BMV: ELEKTRA*) sold 100% of the shares of Banco Azteca del Perú, SA to a group of Peruvian investors with extensive experience in the sector.

FIBRA Terrafina (BMV: TERRA13) closed the sale of a portfolio of industrial properties located across various points of the Mexican Republic for a value of USD $127.0 million.

Cardona Medical Center, an outpatient-services provider clinic, was acquired by CareMax Medical Resources for an undisclosed amount.

Nexogy, a cloud and broadband services provider to small and mid-sized businesses, was acquired for USD $9.0 million by Digerati Technologies (PINX: DTGI).

MBMG Medical Centers, an operator of senior healthcare centers, was acquired by Sun Capital Partners for USD $500.0 million.

Yellow Pepper, a developer of a digital banking and electronic-payments platform, was acquired by Visa (NYS: V) for an undisclosed amount.

Mexico's Sofía, a developer of an application enabling users to improve their health through video consultations for serious illnesses and accidents, closed USD $19.0 million in a funding round led by Index Ventures.

Linzor Capital Partners sold its equity stake in TIP de México, a provider of transportation equipment rental and leasing services, to an undisclosed buyer for an undisclosed amount.

LIV Capital, SAPI de CV made an investment in discount-store chain BBB Foods, Inc., a retail chain with a presence in Mexico City and ten states across the country.

Mexico's Gaia Design, a furniture and accessories manufacturer, closed a financing round of USD $15.0 million with the IDB – Inter-American Development Bank. The proceeds will be used to strengthen the online services offered by Gaia.

CareAngel, a developer of virtual intelligence technology for medical care focused on patients with chronic conditions, closed a crowdfunding campaign through which it has raised USD $45.7 million to date.

Mexico's Grupo Hotelero Santa Fe, SAB de CV (BMV: HOTEL), one of the leading companies in Mexico's hotel industry, completed a share issuance through which it achieved a capital increase of $500.0 million.

FIBRA FIBRASHOP (BMV: FSHOP) closed the execution of a credit facility of $220.0 million with Scotiabank.

Consubanco, SA purchased a loan portfolio belonging to Banco Ahorro FAMSA, SA through an auction process.

Mexico's Total Play successfully completed a placement of senior notes totaling USD $575.0 million.

Brazil's ODATA will invest US $100.0 million in a data center in Querétaro, where it will host private servers and network equipment.

Mexico's Beleki Brands, operator of the Cinnabon brand in Mexico, completed a crowdfunding financing round for $16.2 million pesos, which will fund the opening of 22 new locations before year-end.

U.S.-based Best Buy announced that it will close its operations in Mexico, shuttering the 15 locations it operates across various major shopping centers in the country and leaving hundreds of workers without employment.

Mexico's Coppel will invest more than USD $32.0 million in the construction of a new distribution center (CEDIS) in Monterrey at Vesta Park Guadalupe.

Mexico's Bio Pappel (BMV: PAPPEL) filed a request with the CNBV (Comisión Nacional Bancaria y de Valores) for the cancellation of the registration of all of the company's outstanding shares in the National Securities Registry.