M&A Newsletter — March 2021

Mexico's IENOVA (MEX: IENOVA), a subsidiary of Sempra Energy (NYS: SRE), acquired the Energía Sierra Juarez wind energy complex from Actis, Cometa Energía and Saavi Energía for USD $80.0 million.

Mexico's AMI Automation, an automation- and control-solutions provider, was acquired by Showa Denko (TKS: 4004) for an undisclosed amount.

Mexico's Copyrent, a hardware- and software-rental solutions provider, was acquired by Grupo Media Capital (LIS: MCP) for an undisclosed amount.

Santacruz Silver Mining acquired the Zimapán mine from Indistrias Peñoles for USD $23.2 million.

New Infiniti Silver, a subsidiary of SilverCorp Metals, acquired the La Yesca silver project located in the state of Nayarit.

Tarachi Gold (CNQ: TRG) acquired certain mining assets from MDO Plant Resources, a subsidiary of MX Gold (TSX: MXL.H), in the state of Durando for an undisclosed amount.

The Diagnostic Imaging Centers division of Starmedica, a private hospital chain, was acquired by Polmed for an undisclosed amount.

Mexico's Energex, a diesel distributor, acquired U.S.-based On-Site Fuels, a diesel distributor operating in southern Texas.

Acreage Florida, a company that cultivates and commercializes cannabis across more than 30 of its own dispensaries, was acquired by Red White & Bloom (CNQ: RWB) for USD$ 60.0 million.

CIGN, a company dedicated to germinating hemp seeds, was acquired by 4Cable TV (PINX: CATV) for USD$ 10.0 million.

Leadsbridge, a company dedicated to bridging the gap between marketing and digital sales, was acquired by ActiveProspect for an undisclosed amount.

Nirvana Group, a company dedicated to producing health products for therapeutic purposes, was acquired by PureKana for an undisclosed amount.

No BS Skincare, a company dedicated to producing chemical-free beauty products, was acquired by PureKana for an undisclosed amount.

Prime Marina Group, a company dedicated to developing and operating marinas, was acquired by Suntex Marina for an undisclosed amount.

Mexico's Jüsto, an online supermarket, closed a funding round of USD $65.0 million led by General Atlantic, Foundation Capital and Mountain Nazca.

Mexico's Koomkin, a developer of a digital marketplace for SMEs, closed a Series A funding round with an unidentified investor.

Mexico's Nowports, a developer of a digital platform for freight transportation, closed a funding round for an undisclosed amount with Investo.

Mexico's Pronto, a developer of a platform that connects private drivers with passengers without charging a commission, closed a funding round for an undisclosed amount with Investo.

Mexico's Flink, a developer of a digital platform for making stock-market investments in a simpler and more engaging way, closed a funding round of USD $12.0 million led by ALLVP and Accel.

Mexico's Clínicas del Azúcar, a chain of clinics dedicated to making life easier for people with diabetes, closed a funding round of USD $7.5 million led by Inez Deposit Bank and IFC – International Finance Corporation.

Mexico's Colektia, an operator of a platform dedicated to optimizing the collections process / accounts-receivable management, closed a financing round of USD $4.2 million led by Angel Ventures.

Mexico's Stori, an operator of a platform dedicated to providing credit financial services through the issuance of credit cards, closed a Series B financing round of USD $32.5 million led by Lightspeed Venture Partners.

Mexico's Valoreo, a company dedicated to acquiring, operating and scaling e-commerce platforms in Latin America, closed a financing round of USD $50.0 million led by FJ Labs, Angel Ventures and Presight Capital.

Mexico's Zubale, a company dedicated to connecting brands and retailers with qualified independent workers, closed a funding round for an undisclosed amount led by Investo.

Alfa Medical Group, an operator of a chain of diagnostic centers, closed a financing round of USD$ 100.0 million with CDC.

Mexico's Finsa, an industrial-park developer, raised USD$ 395.0 million to invest in industrial-park infrastructure.

Mexico's Alfa, an industrial conglomerate, announced that this year it will make investments of USD$ 558.0 million, primarily through its subsidiary Sigma.

Canada's Alamos Gold, a mining company, announced that this year it will make investments of USD$ 130.0 million in Mexico.

Longeveron (NAS:LGVN), a biotechnology company developing anti-aging cellular therapies, completed an IPO in which it raised USD$ 26.6 million.

Cuentas (NAS:CUEN), a Fintech company focused on the Latino and Hispanic market in the USA, completed an IPO in which it raised USD$ 12.0 million.