M&A Newsletter — July 2021

Mexico's Orión Fibra-E acquired from Desarrollos Carreteros del estado de Durango a portfolio of 10 road projects with a total length of 320 KM, for $1,578.2 million pesos.

128 Cash Apoyo Efectivo stores, a pawnshop chain, were acquired by Ezcorp (NAS: EZPW) for USD $38.4 million.

Tocvan Ventures (CSE: TOC) acquired El Proyecto Picacho, a 24,317-hectare gold mining project near Hermosillo, Son., owned by Millrock Resources (TSX: MRO), for USD $1.98 million.

Royal Dutch Shell (LON: RDSB) acquired from Vista Oil & Gas (MEX: VISTAA), for USD $21.5 million, a 10% stake in Mexico's Coirón Amargo Sur Oeste — a company that owns a portfolio of oil-well projects.

Alpek, a petrochemical company and division of Grupo Alfa, acquired a PET recycling and pelletizing plant in Pennsylvania, USA, owned by CarbonLite Recycling, for USD $96.0 million.

Uber (NYSE: UBER) acquired the remaining 47% of Cornershop's shares; in 2020 it had purchased 53% of the company's shares.

Mexico's Pixan Apps, a software development company, was acquired by Zigatta for an undisclosed amount.

Mexico's fintech firm Credijusto acquired Banco Finterra, a regulated financial institution, for USD$50 million.

Mexico's Clip, a mobile payments platform developer, closed a funding round of USD $250.0 million with SoftBank Latinamerica Fund and Viking Global Investors, bringing the company's pre-money valuation to USD $1.75 B.

Mexico's GBM Grupo Bursátil Mexicano (MX: GBMO), a Mexican financial group, closed a funding round of USD $150.0 million with SoftBank Latinamerica Fund.

Mexico's Konfio, a Fintech company dedicated to financing small businesses, closed a funding round of USD $125.0 million with Lightrock.

Mexico's DILA Capital Acquisition, a SPAC, was listed on NASDAQ and raised USD $55.0 million.

Mexico's 99 Minutos, a company dedicated to the delivery of products purchased online, closed a funding round of USD $40.0 million with Prosus Ventures.

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

Mexico's Dapp, a digital payments platform developer, closed a funding round of USD $12.4 million with G2 Momentum Capital and Kalonia Vanture Partners.

Mexico's Guros, a developer of a digital insurance sales platform, closed a funding round of USD $6.0 million with Cometa and F-Prime Capital.

Mexico's Zenda.la, a developer of a digital insurance-sales platform, closed a funding round of USD $2.0 million with Angel Ventures.

Mexico's Yanna, a developer of a chatbot for emotional well-being aimed at accompanying individuals suffering from anxiety, depression, and other emotional conditions, closed a funding round of USD $1.82 million with ALLVP.

Fintual, a developer of a "roboadvisor" designed to streamline the financial investment process, closed a financing round of USD $15.0 million led by Kaszek and ALLVP.

Mexico's Copexa, an operator of the Perote – Banerilla highway and the Xalapa bypass, was acquired by Roadis Transportation Holding through an LBO.

Mexico's Grupo Hotelero Prisma, a hotel operator with more than 19 different brands, was acquired by Aimbridge Hospitality through an LBO sponsored by Advent International and FIS Holdings.

Mexico-based SPAC DD3 Acquisition II (NAS: DDMX) was acquired by Codere Online Luxembourg, an online gaming and sports-betting platform with operations in Mexico, Spain, Italy, and Colombia, through a reverse merger.