PE Shop Takes Control of Maxcom

PE Shop Takes Control of Maxcom

Mexico M&A Funds

Mexican private equity firm Ventura Capital Privado has agreed to take control of Maxcom Telecomunicaciones, Maxcom says, concluding a process where the struggling telecom had courted buyers off and on over several years. Ventura has agreed to pay MXP2.90 ($0.22) per share, for up to 100% of Maxcom’s shares. It does not indicate the total shares involved, though the sale has an estimated enterprise value of about $270m, according to a source familiar with the deal. Holders of 44.29% have already

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