Mexico City, May 4, 2017. – Lottus Capital Partners (“Lottus”), through its subsidiary Lottus Education, is pleased to announce the completion of its follow-on investment in Universidad Tres Culturas (“UTC”) as part of a strategic Corporate Reorganization. With this transaction, Lottus provides a successful liquidity event for the majority of its Limited Partners, while retaining control of the operations and significantly increasing the equity value of the Company.
This investment further strengthens UTC’s mission to become one of the leading Educational Groups in Mexico with strong brand recognition for academic excellence and affordable education.
As part of this transaction, Lottus Capital has partnered with Credit Suisse’s Mexico Credit Opportunities Fund (“MEXCO”). MEXCO is very enthusiastic about the opportunity and the future that Lottus Education represents and is sure that they can complement its strategy and provide strong support in its development. MEXCO views UTC as an industry leading and profitable platform, with a seasoned and experienced management team, and a committed and institutional shareholder base.
The investment reinforces Lottus’ strategy to support high-growth mid-sized enterprises and actively contribute to their development and consolidation.
Universidad Tres Culturas
Universidad Tres Culturas is a Mexican academic institution with over 20 years of experience promoting the education and the social development of its students through affordable tuitions, scholarships and high academic standards.
UTC offers technological baccalaureate degrees, executive and full-time bachelor’s degrees as well as master’s degrees. Currently, the institution operates 8 campuses throughout the central region of Mexico.
Lottus Capital Partners
Lottus Capital Partners is a private equity firm specialized in the investment and active management of middlemarket companies in Mexico.
Established in 2013 in Mexico, Lottus Capital invests in companies with solid business models and leading market positions in their respective sectors, and with management teams that are fully committed to the future growth of the company.
Lottus’ portfolio companies have high ambitions and aspirations to become market leaders through organic growth and sector consolidation.
Mexico Credit Opportunities Trust
MEXCO is a leading alternative asset manager in Mexico, managed by Credit Suisse. MEXCO manages over US$1.2bn of cumulative capital raised in two funds with a current portfolio of over 40 companies. MEXCO has the flexibility to invest in different currencies (MXN and USD), instruments (loans, bonds, other credit claims, equity), formats (directly, via participations or derivatives) and structures (unsecured, secured, OpCo, HoldCo, mezz, equity, convertibles).
MEXCO provides multiple benefits to underserved clients by providing creative solutions to complex situations, flexible credit structures that match specific client needs coupled with capacity to execute in shorter period of time and certainty of execution.