Latin America

DIC picks up Almatis, UBS underwrites $1bn(2)

Dubai International Capital, the Middle Eastern investment firm, has bought Almatis in a secondary deal, with loans at more than six times EBITDA provided by Swiss bank UBS.

American Capital earns 3x money on audio visual company(2)

American Capital has sold Swank Audio Visuals to Code Hennessy & Simmons, earning a three times return. The firm provided $48.5 million in debt financing for the deal.

Aureos invests in Mexican office supply distributor

Aureos Capital has made its first investment out of its current Latin America fund, which is targeting a $300 million final close in June.

GIP acquires Argentinian container terminal operator

Credit Suisse- and General Electric-backed Global Infrastructure Partners has purchased a second add-on for its global ports platform.

Advent buys Mexican funeral chain in $317m LBO(2)

Grupo Gayosso, Mexico’s largest funeral services company, has been acquired by Advent International in a transaction valued at $317 million, including $40 million in subordinated debt.

Riverstone, Carlyle lead $500m energy deal

The private equity collaborators have committed $450 million to Houston-based oil and gas startup Dynamic Offshore Resources, which is targeting Gulf of Mexico assets.

First Reserve commits $350m to oil exploration company

The energy-focussed private equity firm is the latest buyout shop to invest in Cobalt International Energy, a company that last year received $500 million from Riverstone and Goldman Sachs.

GP Investments matches Latin American fund record(4)

The quoted Latin American firm GP Investments has closed its fourth fund on $1.3bn with partners in the firm contributing almost a third of the capital to equal Advent International's record breaking Latin offering.

Conduit earns 3x return on Colombian power plant(4)

After a nearly decade-long holding period, New York-based Conduit Capital has successfully exited its stake in Colombia coal power plant Termotasajero.

GP Investments matches Latin American fund record(3)

The quoted Latin American firm GP Investments has closed its fourth fund on $1.3bn with partners in the firm contributing almost a third of the capital to equal Advent International's record breaking Latin offering.