Newsletter 13th Edition

AMEXCAP
AMEXCAP Newsletter - Exclusively for Members
13th Ed., May 24, 2013
 
In this edition:
  • Transactions
  • Industry Insights: Mexico Private Equity Reports
  • Recent Events
  • Market News
 
 
 
Transactions
  

 

 

Assured Labor, world Leader in mobile recruitment poised to accelerate growth in emerging markets, raised $5.5 Million in a funding round led by Capital Indigo.

Capital Indigo joins existing investors including, Great Oaks Venture Capital, Nexus Venture Partners, Kima Ventures, Enzyme Venture Capital, Fabrice Grinda and Jose Marin.

"Our digital recruitment platform is taking off in Mexico and Brazil and we couldn't be happier to add such an accomplished partner," said David Reich, Founder and CEO of Assured Labor. "With over 1,000 employers joining Assured Labor each month, this investment will enable us to meet that demand by growing our engineering and sales teams while solidifying our market leadership position in the mid-to-low wage segment." Assured Labor's brands in Mexico (www.EmpleoListo.com.mx) and Brazil (www.TrabalhoJa.com.br) have grown to become Latin America's premier services for recruiting mid-to-low wage full-time employees. Capital Indigo is a Private Equity firm based in Mexico City that is focused on mid-market private equity and mezzanine debt investments in Latin America. As an early-mover in the region's Private Equity markets, Capital Indigo's "Fund Indigo 1" invests in high-growth mid-sized enterprises. The fund's managers share over 30 years of operational, investment and startup experience in Latin America and the United States and play an active role in each of their investments (April 25, 2013, Yahoo Finance).

 

Venture Capital funds Accion Venture Lab and Venture Partners announced a co-investment in Salud Facil. The firm offers low-income customers in Mexico access to affordable credit to cover their healthcare and medical costs, addressing the need for quality and affordable care in a market in which few customers have access to traditional health insurance. Salud Facil's affordable and flexible credits maturing in 6 to 36 months at rates starting at 10%, are fundamental to addressing the unresolved problem in the health system in the country. Salud Facil is the first platform of hospitals and doctors of high quality in Mexico providing superior health care services at lower costs. Venture Partners is one of the most active seed and early venture capital firms in Mexico. The first fund, Venture Partners' Seed Innovation Trust I, was launched in June 2012 and invests in innovative early stage businesses with high potential for growth.  The Fund has a portfolio of 11 companies with 4 co-investments (May 7, 2013).

Industry Insights: Mexico Private Equity Reports
  

 

Private Equity in Mexico Primed for Significant Growth (Bain & Co. Mexico)

Mexico is a nascent private equity (PE) market primed for strong growth. Yet it has been largely overlooked as an investment opportunity, even as private equity investors have flocked to establish positions in large emerging markets like India and China over the past 12 years.

In terms of funds raised and total deal value, Mexico has... read full report

 

 

The Impact of Private Equity for Businesses in Mexico: 17 Success Stories (KPMG Mexico)

KPMG presents information on how the Private Equity industry operates in Mexico and shows, with hard data, seventeen success stories of private equity transactions in Mexico and their direct
impact to businesses and to the Mexican economy in terms of revenue growth, profitability growth and employment growth. The report also shows the qualitative benefits enjoyed by companies that partner with private equity firms to grow at a much faster pace... read full report 

 

 

Overview of the Private Equity and Venture Capital Industry in Mexico (AMEXCAP) 

Over the past twelve years ('00-'12), the Private Equity Industry in Mexico has grown significantly: Cumulative capital commitments in excess of US$15 billion, GPs operating in Mexico reaching 71 managers. Download the report to gain access to industry statistics for fundraising, investing, exits, and for an overview of highlights and opportunities... download presentation
Recent Events
 

  

Mexico PE Day - New York - 2013  Mexico PE Day - LP GP One on ones

 

AMEXCAP is pleased to announce the following highlights from the Mexico PE Day NY organized in partnership with Fondo de Fondos, LAVCA and sponsors KPMG Mexico, Chevez, Ruiz & Zamarripa, Chadbourne & Parke, Basila Abogados, Nader, Hayaux & Goebel, Greenberg Traurig, and Execution Finance:

 

 

  • Total attendance: 167 people Mexico PE Day LPs Panel
  • LP attendance: 31 firms managing over US$1 trillion in total assets
  • GP attendance: 24 firms
  • Service providers: 15 firms
  • Government & Regulators: NAFIN, CONSAR, SHCP 

Presentation: The Impact of Private Equity for Businesses in Mexico: 17 Success Cases

 

On May 9, 2013, AMEXCAP, KPMG and Club de Industriales Mexico City brought together over 200 players of the private equity industry to present the results of a recent KPMG study of 17 private equity success cases in Mexico. The conference featured a couple of keynotes followed by a panel comprised of CEOs sharing their view on the sources of value that a strategic-financial investor can bring to the table to accelerate growth and strengthen businesses.

Market News

 

City Express Plans $250 Million Offering as Hotel IPOs: Bloomberg Story

 

Radiografía del Plan Nacional de Desarrollo: News

 

Nexxus Bullish on Private Equity in Mexico: Thomson Reuters Story

 

Mexico's Banorte CEO optimistic on economic reforms, growth: News

 

Private equity da más ganancias que emisoras | El Economista: News 

 

Superan en ventas firmas con capital privado a emisoras de BMV | El Economista: News 

 

PineBridge busca invertir 200 mdd | El Economista: News 

 

Investors Shrug at String of Good Mexico News - MoneyBeat - WSJ: News

  

Follow @Amexcap on twitter to stay up to date on market news.

If you would like to share a story, please reach out.
 
Kind Regards,
 
AMEXCAP

Mexican Association of PE & VC Funds

Upcoming AMEXCAP Events (Stay Tuned)

 

 

Mexico VC Day San Francisco
 
Mexico PE Day London