Venture • Media

Advent Morro Equity Partners Invests In Fania

On December 3, 2009, private equity firm Advent Morro Equity Partners invested in media company Fania

Investment Context
  • This is Advent Morro Equity Partners’ 1st transaction in the Media sector.
  • This is Advent Morro Equity Partners’ 8th transaction in the United States.
  • This is Advent Morro Equity Partners’ 2nd transaction in Florida.
Investment Fate
  • Fania was sold to a strategic buyer in 2018.

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Investment Summary

Date December 3, 2009
Target Fania
Sector Media
Investor(s) Advent Morro Equity Partners
Deal Type Venture

Target Company

Fania

Miami, Florida, United States
Fania manages and distributes one of the largest latin tropical music catalogs.
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Investor Overview 1

Investor

Advent Morro Equity Partners

San Juan, Puerto Rico

Investor Investor Investor


Category Private Equity Firm
Founded 1989
Size Small
Type Sector Agnostic
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 Context for Investor #
Overall 14 of 22
Sector: Media 1 of 1
Type: Venture 4 of 4
State: Florida 2 of 3
Country: United States 8 of 11
Year: 2009 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-02-17 InfoPáginas

Guaynabo, Puerto Rico

Infopáginas is a growing Internet local search platform covering Puerto Rico. The company provides detailed and accurate results focusing on relevant local listings. Infopáginas currently provides many Internet and mobile search solutions while expanding into future technologies. InfoPáginas was founded in 2009 and is based in Guaynabo, Puerto Rico.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-06-09 UPM Group

San Juan, Puerto Rico

UPM Group was founded around a core value of responsive service at affordable cost, providing 24/7 emergency service; 4 hour response; and dedicated Facility Solutions Engineers to ensure customer satisfaction and to suggest facility performance upgrades. UPM Group provide services, installs and maintains the control networks that govern the performance of mechanical equipment. UPM Group is based in San Juan, Puerto Rico.

Buy -

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