Investment Summary

Advent Morro Equity Partners Invests In Trexel

On December 16, 1999, private equity firm Advent Morro Equity Partners invested in machinery company Trexel

Investment Highlights
  • This is Advent Morro Equity Partners’ 1st transaction in the Machinery sector.
  • This is Advent Morro Equity Partners’ 3rd transaction in the United States.
  • This is Advent Morro Equity Partners’ 1st transaction in Massachusetts.

Investment Summary

Date 1999-12-16
Target Trexel
Sector Machinery
Investor(s) Advent Morro Equity Partners
Deal Type Stake Purchase

Target

Trexel

Wilmington, Massachusetts, United States
Trexel develops and commercializes microcellular processing technologies used in injection molding. Trexel was founded in 1982 and is based in Wilmington, Massachusetts.

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Investor(S) 1

Investor

Advent Morro Equity Partners

San Juan, Puerto Rico

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 STATS #
Overall 4 of 22
Sector (Machinery) 1 of 1
Type (Stake Purchase) 1 of 5
State (Massachusetts) 1 of 1
Country (United States) 3 of 11
Year (1999) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-01-01 Centennial Communications

Wall, New Jersey, United States

Centennial Communications Corp. was an independent cellular telephone operator in the U.S. and an operator of both wireless and wireline systems in the Caribbean. Centennial Communications was formed in 1988 and was based in Wall, New Jersey.

Buy $1.9B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-01-01 Integration Technologies

San Juan, Puerto Rico

Integration Technologies is a networking and voice-system integrators in Puerto Rico.

Buy -