Third NAFTA Fund Investment For 2006

06/06/2006

Author:
NAFTA Fund of Mexico, LP
Mexico City, Mexico
www.naftafund.com

Categories:
Venture Capital

Preview:
Mexico City-based NAFTA Fund of Mexico, LP recently announced a private equity investment in leading Mexican logistics and distribution firm Pacific Star, its third investment this year. Through this transaction, NAFTA Fund acquired JP Morgan Partners’ majority equity stake in Pacific Star by way of a co-investment alongside Arancia Industrial, S.A. de C.V.

Article:
NAFTA Fund Announces Third Investment for 2006

June 6, 2006 -- Mexico City-based NAFTA Fund of Mexico, LP recently announced a private equity investment in leading Mexican logistics and distribution firm Pacific Star, its third investment this year. Through this transaction, NAFTA Fund acquired JP Morgan Partners’ majority equity stake in Pacific Star by way of a co-investment alongside Arancia Industrial, S.A. de C.V.

Pacific Star is currently the leading independent provider of logistics and distribution services to the Mexican foodservice industry. The Company operates a national distribution platform which serves more than 1,300 delivery points in over 93 cities throughout the country. Through this network, Pacific Star provides integrated inbound logistics and order placement services to Mexico’s leading restaurant franchises, movie theater complexes and hotel chains. The Company currently constitutes the largest independent distribution and logistics network in Mexico, managing frozen, refrigerated and dry products through four distribution centers located in Mexico City, Guadalajara, Monterrey and Tijuana.

Arancia Industrial, S.A. de C.V. is a diversified Mexican conglomerate with interests in biotechnology, food, agribusiness, transportation and logistics, and specialty services to the healthcare industry.

NAFTA Fund holds investments in the manufacturing and publishing industries both in Mexico and the US. With this last transaction, the Fund diversifies its portfolio to include foodservice logistics and distribution. The Fund, sponsored by investment banking and legal advisory firm SAI Consultores, focuses on investing in medium-sized companies with a strong potential to grow in the North American Free Trade Agreement environment.