Investment Summary

ACON Investments Invests In Credivalores

On March 3, 2010, private equity firm ACON Investments invested in financial services company Credivalores

Investment Highlights
  • This is ACON Investments’ 2nd transaction in the Financial Services sector.
  • This is ACON Investments’ 2nd transaction in Colombia.

Investment Summary

Date 2010-03-03
Target Credivalores
Sector Financial Services
Investor(s) ACON Investments
Deal Type Growth Capital

Target

Credivalores

Bogota, Colombia
Credivalores is one of the fastest growing non-bank lenders in Colombia focused on providing under-banked segments of the population with access to consumer credit and microinsurance through structured loan products designed to minimize loan losses. With total assets in excess of $500mm, Credivalores has been one of the few non-bank lenders able to access the local Colombian capital markets. Credivalores was founded in 2003 and is based in Bogota, Colombia.

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Investor(S) 1

Investor

ACON Investments

Washington, District of Columbia, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1996
PE ASSETS 7.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

ACON Investments is an international private equity firm that targets investments in the US, Europe, and Latin America. ACON's investment strategy covers 'opportunities at times of change - responding at points of inflection where value creation is possible'. Examples include businesses that serve the rapidly growing US Hispanic population, energy and energy service needs, businesses in need of operational help, and opportunities in Latin America resulting from economic deregulation and political liberalization. ACON's looks for companies where it can commit $20 to $150 million of equity capital. Target sectors include consumer products and services, distribution, business services and industrial manufacturing. ACON Investments was formed in 1996 and has offices in Washington DC; Houston, Texas; Los Angeles, California; and Madrid, Spain.


DEAL STATS #
Overall 23 of 71
Sector (Financial Services) 2 of 4
Type (Growth Capital) 9 of 22
Country (Colombia) 2 of 5
Year (2010) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-15 Fairway Outdoor Advertising

Duncan, South Carolina, United States

Fairway Outdoor Advertising LLC was formerly known as Naegele Outdoor Advertising, Inc. is the fifth largest outdoor advertising company in the United States and one of the largest privately held companies in the industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-07 SAE Towers

Houston, Texas, United States

Created by ACON with the spin-out of the Electricity Tower Manufacturing Division of ABB (Asea Brown Boveri), SAE Towers is the leading producer of high voltage steel lattice electricity towers in the Western Hemisphere with approximately 100,000 tons of production capacity in Monterrey Mexico and Belo Horizonte Brazil.

Sell $95M