M&A Deal Summary

Cinco M Dos Acquires Grupo Expansión

On May 11, 2017, Cinco M Dos acquired publishing company Grupo Expansión from Southern Cross Group

Acquisition Highlights
  • This is Cinco M Dos’ 1st transaction in the Publishing sector.
  • This is Cinco M Dos’ 1st transaction in Mexico.

M&A Deal Summary

Date 2017-05-11
Target Grupo Expansión
Sector Publishing
Buyer(s) Cinco M Dos
Sellers(s) Southern Cross Group
Deal Type Add-on Acquisition

Target

Grupo Expansión

Mexico City, Mexico
Grupo Expansión is a print and digital publisher. It edits and publishes 16 magazines and 10 websites, including Expansión, ELLE, Obras, Manufactura, IDC, Quién, InStyle, Quo, Chilango, Life & Style, Travel + Leisure, Revolution, MetrosCúbicos.com, CNNExpansión.com, Mediotiempo.com, ADNPolítico.com, and CNNMéxico.com. Grupo Expansión was formed in 1966 and is based in Mexico City.

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Buyer(S) 1

Buyer

Cinco M Dos

Miguel Hidalgo, Mexico

Category Company
Sector Marketing
DESCRIPTION

Cinco M Dos provides outdoor advertising in public transport systems, and advertising in print and digital media.


DEAL STATS #
Overall 1 of 1
Sector: Publishing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Mexico M&A 1 of 1
Year: 2017 M&A 1 of 1

Seller(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 10 of 15
Sector: Publishing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 5
Country: Mexico M&A 3 of 4
Year: 2017 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-06 Ultrapetrol

Nassau, Bahamas

Ultrapetrol is an industrial transportation company serving the maritime transportation needs of a diverse client base. Ultrapetrol was founded in 1992 and is based in Nassau, Bahamas.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-01 Crezcamos

Bucaramanga, Colombia

Crezcamos 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 -