Industry News
WAMEX Private Equity announces fifth exit for fund MIF I
14 June 2011
(WAMEX Private Equity) June 14, 2011 – WAMEX Private Equity, a Mexican PE manager, announced its fifth MIF I exit from a minority investment in manufacturing company Epiq MX, the Mexican subsidiary of Epiq Group from Belgium.
Epiq Group specializes in electronic assembly and plastic injection molding. Epiq assembles printed circuit boards for the automotive industry. Its main clients are Tier 1 original equipment manufacturers for products targeting the NAFTA region. The group has subsidiaries in: Germany, France, Bulgaria, Czech Republic, China, and Mexico. The MIF I investment was key for substantially increasing the Company’s revenues in the NAFTA market.
WAMEX Private Equity manages growth equity funds MIF I and MIF II. In 2009, WAMEX was the first PE manager to raise funds from local institutional investors through the Mexican Stock Market.
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