Investment Summary

Advent Morro Equity Partners Invests In Miramar Brewing

On January 1, 2020, private equity firm Advent Morro Equity Partners invested in beverage company Miramar Brewing

Investment Highlights
  • This is Advent Morro Equity Partners’ 3rd transaction in the Beverages sector.
  • This is Advent Morro Equity Partners’ 9th transaction in Puerto Rico.

Investment Summary

Date 2020-01-01
Target Miramar Brewing
Sector Beverages
Investor(s) Advent Morro Equity Partners
Deal Type Growth Capital

Target

Miramar Brewing

Puerto Rico
Miramar Brewing is a craft beer brewing, beer pub and craft beer distribution company located in Puerto Rico.

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Investor(S) 1

Investor
DESCRIPTION

Advent Morro Equity Partners is a private equity firm focused on opportunities connected to Puerto Rico. The FIrm invests in companies operating in Puerto Rico, Puerto Rican companies expanding into the US, and established US-based companies whose products or services target the US hispanic market. Advent Morro’s seeks to team with management teams looking for capital to accelerate growth organically or through acquisitions. The Firm looks to invest $5 to $10 million in companies with annual revenues between $5 and $20 million. Sectors of interest include healthcare, hospitality, telecommunications, software-development, distribution, education and medical insurance. The Firm will consider a variety of investment situations, including MBOs, corporate divestitures, turnarounds, recapitalization of family owned businesses, and industry consolidation. Advent Morro Equity Partners was formed 1989 and is based in San Juan.


DEAL STATS #
Overall 20 of 22
Sector (Beverages) 3 of 3
Type (Growth Capital) 6 of 7
Country (Puerto Rico) 9 of 11
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-15 Stevenson Formel Freight Services

San Juan, United States

Stevenson Formel Freight Services operates the M/V Norma H II, a 180’ General Cargo Vessel, and the M/V Linda D a 209’ Landing Craft. The company has extensive experience with shipboard operations, vessel management, and shoreside operations including stevedoring. Stevenson Formel Freight Services is based in San Juan, United States.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-01 Switch Business Transformation

San Juan, Puerto Rico

Switch Business Transformation is a business consulting company that helps organizations improve and optimize their processes by identifying and defining the organization’s needs and designing specific solutions within the Salesforce Platform and other related products that integrate customer's information and processes. Switch Business Transformation is based in San Juan, Puerto Rico.

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