July 4, 2018
Mexico City, Mexico, June 19th, 2018 – PC Capital Management, a specialized Mexican growth equity impact investment firm, is glad to announce that on June 8th, 2018 we completed the divestment of Grupo Filoa S.A (“Grupo Filoa” or the “Company”) achieving an IRR of 80% in two years.
Grupo Filoa, is a Mexican Company that offers a range of cafeteria management services to universities and corporations, ranging from off-site preparation to an in-house, ten-Brand food court solution. PC Capital formalized the investment in Grupo Filoa on June 7th, 2016.
PC Capital’s MD, Gabriel Araujo, stated “This investment has proven to be a success of which we feel very content and are certain that the Company will continue with its impressive track record of growth, profitability and market leadership, and will continue to generate both attractive financial results for the investors and a positive social impact in the community”. He also took the opportunity to thank the Company’s entrepreneurs, co-investors, management and operations team for helping to make this investment a total success.
About PC Capital (www.pc-capital.com)
PC Capital Management is a private equity investment advisory firm based in Mexico City. The firm is actively investing the Mexico Development I, private equity fund which has a special preference for investments in the sustainability, financial services and education industries. The firm is a member of Mexico’s Mexican Private Equity Association (AMEXCAP), the Latin American Venture Capital Association (LAVCA), and Endeavor’s Global Investor Network.