M&A Newsletter — May 2021
Transactions for the period
19 entries- Pemex→Refinería Deer ParkUSD $596.0 millonesEnergyMexico
Mexico's state-owned Pemex acquired from Royal Dutch Shell the remaining 50% of shares (it already held 50%) of the Deer Park refinery, located in Texas, U.S.A., for USD $596.0 million. This refinery processes crude oil sourced from Mexico, the U.S., Canada, Africa and South Africa to produce gasoline, jet fuel, diesel and coke.
- Concours Technologies→Toolplas Systems MéxicoAutomotive
Mexico's Toolplas Systems México, a manufacturer of plastic products for the automotive industry produced through injection molds, was acquired by Concours Technologies for an undisclosed amount.
- Nybl→NubilaTechnology
Mexico's Nubila, a business-intelligence and analytics software developer specialized in the oil industry, was acquired by Nybl for an undisclosed amount.
- America-Cv Network→WSUA BroadcastingTelecommunications
WSUA Broadcasting, a subsidiary of Grupo Prisa (BME: PRS), was acquired by America-Cv Network for an undisclosed amount.
- The Silicon Partners→The American Unit de iXerv GlobalTechnology
The American Unit, a subsidiary of iXerv Global, was acquired by The Silicon Partners for an undisclosed amount.
- UOVO→Museo VaultServices
Museo Vault was acquired by UOVO for an undisclosed amount.
- B Capital Group→AyaloUSD $50.0 millonesTechnology
Mexico's Ayalo, a developer of an artificial-intelligence platform designed to provide its clients' users with a more engaging online shopping experience through social-media-specialized chatbots, closed a funding round of USD $50.0 million with B Capital Group, bringing the company's pre-money valuation to USD $475 million.
- Dalus→AlgramoManufacturingMexico
Mexico's Dalus fund completed an investment in Algramo, a company dedicated to reducing packaging use and minimizing packaging waste.
- Sigma Alimentos→The Live Green Co.Food & BeverageMexico
The Live Green Co., a company dedicated to producing plant-based healthy foods, received a capital injection from Mexico's Sigma Alimentos for an undisclosed amount.
- Caixa Bank→Four Seasons CDMXUSD $ 65.0 millonesTourism
The Four Seasons CDMX hotel, one of Mexico's most prestigious hotels, received financing of USD $ 65.0 million from Caixa Bank to restructure its financial liabilities.
- BMO Financial Group, BNP Paribas Securities Services, ING Capital, Scotiabank y Société Générale→Minera Media LunaUSD $150 millonesMining
Mexico's Minera Media Luna, a company dedicated to gold-mining exploration in Mexico, received a financing facility of USD $150 million from BMO Financial Group, BNP Paribas Securities Services, ING Capital, Scotiabank and Société Générale.
- Calero-MDSL→MetaPortTechnology
MetaPort was acquired by Calero-MDSL, through its financial sponsors Oak Hill Capital and Riverside Partners, via an LBO for an undisclosed amount.
- Rapid Displays→OutformManufacturing
Outform was acquired by Rapid Displays, through its financial sponsors Gemspring Capital and Onex Falcon, via an LBO for an undisclosed amount.
- Betsson México→Big Bola CasinosServicesMexico
Mexico's Betsson México, an operator of an online betting and gaming platform, entered into a Joint Venture with Big Bola Casinos, another operator in this segment, to launch a new online casino platform this year.
- Corpovael S.A.B. de C.V.BMV: CADU→CADU20VReal Estate
Corpovael S.A.B. de C.V. (BMV: CADU) was recognized by Environmental Finance with the "Green Bond 2020" award for the issuance of the sustainable instrument "CADU20V," carried out last December, which became the first Green Bond in the housing sector in Latin America to receive certification from the Climate Bond Initiative (CBI) under the "Low Carbon Buildings" modality.
- Wyndham Hotels & Resorts→Wyndham Grand Mexico City y Esplendor by WyndhamTourism
Hotel chain Wyndham Hotels & Resorts announced the opening of two new hotels in Mexico City; at Conjunto Aristos it will operate two hotels: Wyndham Grand Mexico City and Esplendor by Wyndham.
- Clover Leaf Capital→Nasdaq SPAC Clover Leaf CapitalUSD $125 millonesFinance
The following SPACs registered to list on Nasdaq: Clover Leaf Capital with USD $125 million, Insurity Capital with USD $500 million, and TechStackery with USD $250 million.
- Insurity Capital→Nasdaq SPAC Insurity CapitalUSD $500 millonesFinance
The following SPACs registered to list on Nasdaq: Clover Leaf Capital with USD $125 million, Insurity Capital with USD $500 million, and TechStackery with USD $250 million.
- TechStackery→Nasdaq SPAC TechStackeryUSD $250 millonesFinance
The following SPACs registered to list on Nasdaq: Clover Leaf Capital for USD $125 million, Insurity Capital for USD $500 million, and TechStackery for USD $250 million.
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