Grupo Acosta Verde, S.A. de C.V. announced that it has received funding from Equity International, Altan Capital, S.G.I.I.C., S.A.U., BlackRock, Inc. and other investors.
April 13, 2015
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Grupo Acosta Verde, S.A. de C.V. announced that it has received an undisclosed amount in equity round of funding led by returning investor, Equity International for $113,000,000 on April 14, 2015. The transaction also included participation from funds managed by new investors, Altan Capital, S.G.I.I.C., S.A.U. and BlackRock, Inc, among others. As part of the transaction, Tom Heneghan and Cliff Payne from Equity International joined the company's board of directors.
Acosta Verde SAB de CV is a Mexico-based company which operates in the Real Estate Rental, Development & Operations Industry. The corporate purpose of the Company is to participate as a partner, shareholder or investor in companies, associations, trusts or entities of any kind, as well as selling, assigning, transferring, negotiating, pledging, encumbering or otherwise disposing of said shares, partnerships or other interest. The Company operates in developing, operating, managing, assigning, marketing and carrying out any activity related to real estate projects for sale or rent and wide range of buildings, including, without limitation, industrial, residential, commercial, offices, hotels, and mixed use, whether in Mexico or abroad.
Grupo Acosta Verde, S.A. de C.V. announced that it has received funding from Equity International, Altan Capital, S.G.I.I.C., S.A.U., BlackRock, Inc. and other investors.