Investment Summary

Southern Cross Group Invests In Estrella

On June 26, 2012, private equity firm Southern Cross Group invested in oil/gas exploration company Estrella

Investment Highlights
  • This is Southern Cross Group’s 2nd transaction in the Oil/Gas Exploration sector.
  • This is Southern Cross Group’s 3rd transaction in Argentina.

Investment Summary
Date 2012-06-26
Target Estrella
Sector Oil/Gas Exploration
Investor(s) Southern Cross Group
Deal Type Growth Capital

Target

Estrella

Buenos Aires, Argentina
Estrella provides oil & gas field and geothermal services mainly to the E&P industry in Latin America. Estrella has three main service lines: drilling and workover, directional drilling and well services, project management and consulting services. Its main operations are in Colombia with additional assets deployed in Argentina, Bolivia, Chile, Colombia, and Peru. Estrella is based in Buenos Aires, Argentina.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 1

Investor

Southern Cross Group

Category Private Equity Firm
Founded 1998
Size Middle-Market
Type Sector Agnostic
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 16 of 28
Sector (Oil/Gas Exploration) 2 of 2
Type (Growth Capital) 1 of 1
Country (Argentina) 3 of 4
Year (2012) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-01 Campanario Generacion

Las Condes, Chile

Campanario Generacion is a thermoelectric power plant located close to the city of Concepcion, Chile with a capacity of 120 MW. Its gas turbines, currently operating in open cycle mode, are capable of burning both natural gas and diesel.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-13 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, the Bahamas.

Buy -
Mergr

Product

Company

Legal