LAVCA VC
  • News Feed
  • VC Data
  • Directories
  • Features
  • Tech Growth Coalition
  • LAVCA Gender Diversity
  • Engage
    • VC Council
    • VC Members
  • LAVCA
  • Member Login
  • Member Access

LAVCA VC

  • News Feed
  • VC Data
  • Directories
  • Features
  • Tech Growth Coalition
  • LAVCA Gender Diversity
  • Engage
    • VC Council
    • VC Members
  • LAVCA

Australis Partners Invests in Colombian Retailer Reve Group

30 August 2018

Australis Partners agreed to invest an undisclosed amount in the Reve Group, a Colombian retailer in the discount grocery sector and consumer food service business which operates under its flagship banners “Justo y Bueno” and “Tostao”.

(Press Release) Australis Partners Fund LP (“Australis Partners”) announced today that it has entered into a definitive agreement to invest in the Reve Group (“Reve” or the “Company”), a leading Colombian retailer in the discount grocery sector and consumer food service business which operates under its flagship banners “Justo y Bueno” and “Tostao”.

Reve is a fast growing company that is uniquely positioned to capitalize on the expansion and modernization of the Colombian food retail sector. Reve has already surpassed 900 points of presence in 156 municipalities in Colombia and has a growing presence in Panama. Australis Partners is pleased to have the opportunity to work with the Company’s experienced management team to continue developing its platform across Colombia and Latin America.

The Reve Group transaction is consistent with Australis Partners’ strategy to invest in high growth businesses driven by strong underlying industry and macro trends, particularly those related to consumption growth and expansion of the middle class in the region. The transaction represents the first nvestment made by Australis Partners in Colombia and is expected to close in September 2018.

About Australis Partners
Australis Partners (Advisers), LLC is an independent investment firm that manages private equity funds with a focus on the Pacific Alliance countries of Chile, Colombia, Mexico and Peru. Founded in 2014 by former senior investment professionals of CVCI Latin America, our partners have led 20 investments, deployed more than $900 million in capital and developed extensive experience investing in our core markets across the region. For more information visit www.australispartners.com.

About Reve Group
Founded in 2015, the Reve Group operations are comprised of two main business units: (i) a discount supermarket chain (“Justo & Bueno”) providing high quality consumer staples at the lowest prices; and (ii) a specialty coffee chain (“Tostao”) that offers low-priced, high-quality coffee and baked goods as well as cold beverages and ready-to-eat meals.

Australis Partners Invests in Colombian Retailer Reve Group was last modified: September 4th, 2018 by Editor
Australis PartnersFood ServicesPrivate EquityRetailReve Group
0
Facebook Twitter Google +

Tech Growth Membership

The 2023 LAVCA Startup Founders Survey is made possible thanks to the support of LAVCA’s Tech Growth Membership, a group of leading tech companies and investors advancing the tech ecosystem in Latin America including AWS, Mercado Libre, Microsoft, Qualcomm Ventures, SVB, Riverwood Capital, Google and Movile.

VC Partner Events

    Tweets

    Missing consumer key - please check your settings in admin > Settings > Twitter Feed Auth

    Submit VC News

    Have private equity or venture capital related news that you would like to share? Submit your press releases and news to [email protected].

    VC Industry News

    • Valor Capital Group and NFX Co-Lead USD9.3m Series A for Brazil’s Praso

      30 August 2023
    • EQT Growth Leads USD85m Series F for Brazil’s Gympass at USD2.2b Valuation

      23 August 2023
    • Tiger Global Leads USD61m Series B for Brazil’s Nomad 

      22 August 2023
    • NASZCA and IDB Invest Lead USD15.5m Series A for Mexico’s Wonder Brands

      17 August 2023
    • Victory Park Capital Provides USD100m Credit Facility for Mexico’s Klar

      15 August 2023
    • General Catalyst Lead USD45m Series B for Brazil’s Tractian

      7 August 2023
    • General Catalyst Leads USD45m Round for Brazil’s Tractian

      7 August 2023
    • ADQ Provides USD100m In Convertible Debt to Brazil’s Loft

      2 August 2023
    • Danish SDG Investment Fund Leads USD31.5m Series C for Mexico’s Bright  

      27 July 2023
    • Colombia’s Foodology Raises USD17m from Andreessen Horowitz, 30N Ventures and Chimera

      19 July 2023

    About LAVCA

     

    LAVCA is the Association for Private Capital Investment in Latin America, a not-for-profit membership organization dedicated to supporting the growth of private capital in Latin America and the Caribbean through research, education, networking and advocacy.

    LAVCA Office

        New York City:
        589 8th Ave, 18th Floor
        New York, NY 10018

    Explore LAVCA.org

    • About LAVCA
    • Board, Team, & Advisors
    • Media
    • Contact Us
    • Membership Benefits
    • Members Only Access
    • Education and Programs
    • Research
    • Policy
    • LAVCA VC
    • Contact Us

    @2020 - LAVCA. All Rights Reserved.


    Back To Top