M&A Deal Summary

Southern Cross Group Acquires Broadbandtech

On January 1, 2018, private equity firm Southern Cross Group acquired communications company Broadbandtech

Acquisition Highlights
  • This is Southern Cross Group’s 2nd transaction in the Communications sector.
  • This is Southern Cross Group’s 4th transaction in Argentina.

M&A Deal Summary

Date 2018-01-01
Target Broadbandtech
Sector Communications
Buyer(s) Southern Cross Group
Deal Type Buyout (LBO, MBO, MBI)

Target

Broadbandtech

Buenos Aires, Argentina
website
Broadbandtech is an internet services provider in Argentina and a pioneer in providing triple-play services through agreements with third parties in cities of the interior of the country.

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Buyer(S) 1

DESCRIPTION

Southern Cross Group is a private equity firm that seeks investment opportunities in Latin and South America. Southern Cross only invests in control situations and does not focus on any specific industry. Southern Cross Group was formed in 1998 and is based in Greenwich, Connecticut with additional offices in Argentina, Chile, Mexico, and Brazil.


DEAL STATS #
Overall 28 of 28
Sector (Communications) 2 of 2
Type (Buyout (LBO, MBO, MBI)) 22 of 22
Country (Argentina) 4 of 4
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-01 Crezcamos S.A.

Bucaramanga, Colombia

Crezcamos S.A. provides microfinance services to small businesses and entrepreneurial households in small cities, towns, and rural areas. The company has 110,000 clients, 62 branches, 550 commercial reps and a gross loan portfolio that exceeds US$85 million. Crezcamos was established in 2008 and is based in Bucaramanga, Colombia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-04 S.I.N. Implant System

São Paulo, Brazil

S.I.N. Implant System is a provider of dental implant solutions and educational services for the dentist community in Brazil. The company manufactures the whole spectrum of products used by implantologists to perform dental implant procedures and makes significant investments on research to develop new products. S.I.N. Implant System was established in 2003 and is based in São Paulo, Brazil.

Sell -