Investment Summary

General Atlantic Invests In Sura Asset Management

On April 23, 2012, growth capital firm General Atlantic invested in financial services company Sura Asset Management

Investment Highlights
  • This is General Atlantic’s 11th transaction in the Financial Services sector.
  • This is General Atlantic’s 1st transaction in Colombia.
Investment Fate
  • Sura Asset Management was sold to a consortium of buyers in 2016.

Investment Summary

Date 2012-04-23
Target Sura Asset Management
Sector Financial Services
Investor(s) General Atlantic
Deal Type Growth Capital

Target

Sura Asset Management

Medellín, Colombia
Sura Asset Management is a pension and wealth management firm in Latin America with operations in Mexico, Peru, Chile, Colombia, Uruguay, and El Salvador. Sura Asset Management was founded in 2011 and is based in Medellin, Colombia.

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Investor(S) 1

Investor

General Atlantic

Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1980
PE ASSETS 73.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

General Atlantic is a large private equity firm that invests globally in growth-oriented public and private companies. Broad areas of interest include financial services, media and consumer, healthcare, enterprise solutions, communications and electronics, and energy. General Atlantic looks to invest $40 to $400 million in transactions that support growth, expansions, buy-outs, consolidations and build-ups. General Atlantic seeks to make 8 to 12 investments per year with an investment horizon of five to ten years. The Firm's geographic coverage spans North America; Europe; Asia/Pacific; and India. General Atlantic was formed in 1980 and is based in Greenwich, Connecticut.


DEAL STATS #
Overall 104 of 358
Sector (Financial Services) 11 of 32
Type (Growth Capital) 40 of 140
Country (Colombia) 1 of 2
Year (2012) 8 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-18 C&J Energy Services

Houston, Texas, United States

C&J Energy Services Inc. is an independent provider of premium hydraulic fracturing, coiled tubing, wireline, pressure pumping and other complementary oilfield services with a focus on complex, technically demanding well completions. C&J Energy Services was formed in 1997 and is based in Houston, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-26 Torex Retail Holdings

Dunstable, United Kingdom

Torex provides software, hardware and services that power many of the retailing operations including Tesco, Selfridges and Argos among a client list that features over 6000 customers.

Sell $115M