M&A Deal Summary

El Super Acquires Fiesta Mart

On March 25, 2018, El Super acquired retailer Fiesta Mart from ACON Investments

Acquisition Highlights
  • This is El Super’s 1st transaction in the Retail sector.
  • This is El Super’s 1st transaction in the United States.
  • This is El Super’s 1st transaction in Texas.

M&A Deal Summary
Date 2018-03-25
Target Fiesta Mart
Sector Retail
Buyer(s) El Super
Sellers(s) ACON Investments
Deal Type Add-on Acquisition
Advisor(s) The Food Partners LLC (Financial)
Hogan Lovells (Legal)

Target

Fiesta Mart

Houston, Texas, United States
Fiesta Mart LLC is a food retailer with an emphasis on the Hispanic market. Fiesta Mart was founded in 1972 and is based in Houston, Texas.

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Buyer(S) 1

Buyer

El Super

Paramount, California, United States
Category Company
Founded 1997
Sector Retail
DESCRIPTION

Bodega Latina Corp. is a grocery retailer focused on offering the communities it serves quality products at the lowest possible prices in clean, modern stores. El Super currently operates 59 stores in 13 counties throughout California, Arizona, Nevada, New Mexico and Texas.

DEAL STATS #
Overall 1 of 1
Sector (Retail) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1

Seller(S) 1

SELLER

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 17 of 31
Sector (Retail) 3 of 4
Type (Add-on Acquisition) 8 of 16
State (Texas) 3 of 5
Country (United States) 11 of 21
Year (2018) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-15 True Value

Chicago, Illinois, United States

True Value is an independent hardware retailer and cooperative with locations across the US. True Value was founded in 1948 and is based in Chicago, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-07 Biosidus

Buenos Aires, Argentina

Biosidus is a manufacturer and distributor of biosimilar pharmaceuticals with exports worldwide to more than 25 countries across four continents. The Company's efforts are mainly focused on accelerating the arrival to the market of our pipeline as well as developing innovative technologies such as gene therapy applied to vascular pathology at the central or peripheral level and Transgenic Animals, a technological platform applied to human proteins and functional foods. Biosidus was founded in 1983 and is based in Buenos Aires, Argentina.

Buy -
Mergr

Product

Company

Legal