ACON Investment
ACON Investments is a private equity firm headquartered in Washington, D.C., specializing in buyouts, industry consolidation, and turnarounds within mature and middle-market companies. The firm focuses on companies experiencing operational distress or seeking strategic changes, including those that are bankrupt or over-leveraged and require financial restructuring. ACON predominantly invests in sectors such as energy, consumer goods, healthcare, and telecommunications, with a particular emphasis on businesses serving the U.S. Hispanic market. The firm targets investments in the United States and Latin America, specifically in Mexico, Brazil, Colombia, and Peru, typically deploying between $20 million and $150 million in equity capital. ACON seeks to take board seats in its portfolio companies and aims to hold investments for around five years, engaging with both controlling and significant minority equity interests as well as quasi-equity securities. Founded in 1996, ACON has expanded its presence with additional offices in Mexico City, Sao Paulo, Madrid, and Bogotá.
Salesland, S.L. is a Madrid-based company that specializes in providing comprehensive sales solutions for various markets, including Spain, Portugal, Peru, Colombia, Chile, Mexico, and Guatemala. Founded in 2000, the company offers a wide range of services such as sales force management, point of sale support, remote and digital sales, and brand marketing solutions. Additionally, Salesland engages in the recruitment and training of commercial teams, ensuring they are well-equipped to enhance sales effectiveness. The company also features Aracne, an online reporting system designed to track project performance. By focusing on both direct and indirect selling strategies, Salesland aims to help clients increase visibility at the point of sale and create unique customer experiences.
IIMAK is a manufacturer of printing, imaging and marking consumable products with 1,000 employees worldwide. Headquartered in Amherst, New York, with additional manufacturing, distribution and sales operations in Belgium, Brazil and Mexico, IIMAK serves global needs for thermal transfer ribbons, direct thermal films, inkjet inks and related products. iiMED Medical Manufacturing Solutions is a separate IIMAK Division specializing in medical device manufacturing services. IIMAK’s customer care is unequalled across the globe with a clear focus on developing products and services that help partners grow their business. Industry leading programs also simplify business processes and reduce transactional costs for customers. This includes drop-shipping to improve lead-times and reduce freight costs, print testing to accelerate the sales cycle and marketing support to generate new business. IIMAK partners compete effectively with a comprehensive product offering, outstanding technical support and unmatched flexibility in private labeling.
Goody Products Inc. manufactures styling tools and hair accessories for women. Its styling tools include combs, cushion brushes, hot round brushes, paddle brushes, purse brushes, round brushes, styler brushes, styling accessories, and vent brushes. The company's hair accessories comprise barrettes, bobby pins, elastics, fashion combs, headbands, headwraps, kits, and ponytailers. It sells its products through discount, drug, and grocery retailers in the United States, Canada, Mexico, the United Kingdom, and Asia. Goody Products Inc. was formerly known as H. Goodman & Sons, Inc. and changed its name to Goody Products Inc. in 1980. The company was founded in 1907 and is based in Atlanta, Georgia. Goody Products Inc. operates as a subsidiary of Newell Brands Inc.
Private Equity Round in 2018
Citla Energy, S.A.P.I. de C.V. is an independent exploration and production company based in Mexico City, Mexico, with an additional office in Houston, Texas. The company specializes in acquiring and developing a diverse portfolio of onshore and offshore oil and gas assets in the Continental United States, the Gulf of Mexico, and South America. Citla Energy actively participates in the evolving Mexican oil and gas sector, seeking opportunities to collaborate with other industry players while pursuing its own strategic acquisitions.
Grupo GMI is a Mexican company specializing in modular construction solutions for various sectors including industrial, commercial, aeronautical, education, housing, and healthcare. Founded in 1958 and headquartered in Mexico City, the company designs, manufactures, constructs, and installs a wide range of products such as hangers, commercial and industrial infrastructure systems, and storage solutions including rack systems and shelving. Grupo GMI also builds industrial warehouses, self-service stores, and distribution centers. Its business model integrates proprietary technology with vertical processes, allowing for efficient design, manufacturing, and assembly. This approach enables the company to deliver high-volume solutions quickly, cost-effectively, and with enhanced functionality compared to traditional construction methods. Additionally, Grupo GMI exports its products to Central and South America.
CryoHoldco
Acquisition in 2015
CryoHoldco is the family stem cell bank in Latin America.The company-offered services include collecting, processing and preserving stem cells from umbilical cord blood and tissue in liquid nitrogen tanks for future use to potentially treat a wide range of diseases and for use in regenerative medicine.
Private Equity Round in 2015
Betterware de Mexico, S.A.B. de C.V. operates as a direct-to-consumer company in Mexico. The company focuses on the home organization segment with a product portfolio, including home organization, kitchen preparation, food containers, technology and mobility, and others. It serves approximately 3 million households through distributors and associates in approximately 800 communities throughout Mexico. The company was formerly known as Betterware de México, S.A.P.I. de C.V. Betterware de Mexico, S.A.B. de C.V. was founded in 1995 and is based in Zapopan, Mexico. Betterware de Mexico, S.A.B. de C.V. is a subsidiary of Invex Security Trust 2397.
Private Equity Round in 2012
The company offers general merchandise and consumable products under a multi-price point format, seeking to combine value, convenience, U.S. look and feel and the treasure hunt concept. Waldo’s mainly caters to the low and mid-income segment of the population and has a strong brand positioning in the Mexican market.
InverCap is a Mexican mandatory pension fund manager.
Private Equity Round in 2010
Based in Bogota, Colombia, Credivalores-Crediservicios is a non-banking financial company that provides consumer loans for individuals and small companies. The company also focuses on payroll-deduction loans and consumer lending collected through public utility bills as well as discount of checks and financing of insurance policies to low and middle income individuals. The independent consumer finance company uses its funding received from Gramercy Funds Management to upgrade the company’s entire technology platform combined with various initiatives. Founded in 2003, Credivalores-Crediservicios offers its services to clients in Colombia, Mexico, and the United States.
SAE Towers Holdings, LLC specializes in the design, manufacturing, and supply of steel lattice towers for high-voltage power transmission. The company provides a variety of structures, including guyed and self-supporting towers for different circuit configurations, as well as poles for various applications. Its offerings extend to substation structures and a range of hardware products essential for power transmission infrastructure. In addition to manufacturing, SAE Towers also delivers engineering and tower testing services. Founded in 1926 and headquartered in Houston, Texas, the company operates manufacturing facilities in the United States, Mexico, and Brazil. SAE Towers Holdings, LLC is a subsidiary of KEC International Limited.