ABOUT US
We are a small partnership focused on making investments in high growth companies across diverse sectors in Central America. Using our extensive experience in venture, private equity, and investment banking, we capitalize, build, and ultimately create a valuable business.
We partner with and invest in companies in Central America with the potential to become regional leaders in their respective sectors.
MARKET OPPORTUNITY
The Central America Thesis
Central America boasts characteristics that are very attractive for private equity investments in the region.
Favorable demographics
A large, growing, and young population creates a strong platform for consumer demand in the near future.
Continued economic growth
Resulting in an unmet demand for healthcare, IT, financial services, consumer goods, retail, logistics and telecommunications as GDP growth outpaces that of the United States.
Stable and favorable economic fundamentals
Including government commitments to reduce public debt, maintaining fiscal flexibility and establishing regulated financial systems in order to attract business investments and opportunities.
Private equity imbalance
Limited pool of independent investment partners with deep experience growing businesses, unlocking longterm value, implementing best practices in governance, and creating alignment of interest between founders and investors.
Company profile suitable for investment
- Based in Central America or the Dominican Republic
- Companies seeking longterm partnership capital and advice
- Is or can be the leader in their respective market
- Potential for regional expansion
- Looking for longterm liquidity and wealth creation
Investment sectors
- Healthcare
- Business services
- Financial services
- Light manufacturing
- Information technology
- Mobile communications
- Consumer goods and services
- Retail
- Hospitality
- Marketing
- Logistics
Business characteristics
- Proven operating models
- Service orientation, recurring revenue, low capex
- Cash flow positive or at or near cash flow breakeven
- Experienced management teams
- Clear exit opportunities
- Revenues < US$ 15 million, assets < US$ 15 million, employee count < 300 people
Investment characteristics
- Initial investment size of US$ 2 to 7 million
- CoreCo majority economic control or minority holdings with majority rights
- Pure equity or mezzanine financing (no traditional debt)
- Compliance with Environmental and Social and Governance minimal standards
- 5 to 7 year investment horizon
If you would like to provide an investment proposal, please view the requirements.
GRS
Distributor of home appliances with operations in Honduras, Guatemala, El Salvador and Nicaragua
MBMG
Multi-brand management of retail fashion, cosmetics, and accessories brand franchises
Save-A-Lot
Guatemalan branch of the United States’ largest hard discount grocery chain, Save-A-Lot
CPG
Manager and owner of marquee hospitality properties in Central America and the Caribbean
SGSS
Costa Rican leader in automotive product sales and distribution to the trade
Roland
Packaging and distribution of heritage-brand peanuts and healthy snacks
Urgencias Medicas
Provider of low-cost telemedicine and urgent care services to the Guatemalan market
Tegu
Vertically-integrated premium sustainable woodblock toy company with manufacturing operations in Honduras
Environmental
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- To identify, evaluate and mitigate environmental risks and impacts
- To optimize resource efficiency and promote a sustainable supply chain
- To prevent pollution and overall impact on climate change
Social
- To ensure positive and safe labor and working conditions
- To increase the level of inclusion and broaden the talent pool through a diverse business community
- To promote health, safety, and security for all stakeholders
Governance
- To ensure honesty, integrity, fairness, diligence and respect in all business dealings
- To lead the regional development of best practices in governance for the entrepreneurial and private equity ecosystem
- To apply international best practices in relation to corporate governance
CoreCo’s managing partners bring world-class track records in growth capital investing, management consulting, investment banking, advisory work and the implementation of environmental, social and governance systems (ESG). The partners, collectively, have advised on over $6 billion of growth company mergers and acquisitions, have raised over $7 billion in growth capital in the public and private markets, have sourced over $2 billion in growth equity investments for international private equity firms, and have invested in over $16 million of growth equity which returned 2.6x invested capital yielding a gross IRR of over 29%. The Principals have also led 14 transactions and participated in over 25 deals in Central America with deal sizes ranging from $5M to $30M. The Principals bring together the best of global investment management skills with proprietary local presence in an effort to be the Central American region’s premier private equity firm.
Guatemala
- Diagonal 6 12-42, Z.10 Edif. Design Center Torre II Oficina 503
Guatemala City, Guatemala - +502 2229-1324
- +1 305 704-3344
Costa Rica
- Centro Comercial Plaza Koros, 2do Piso, Local 13, Santa Ana Centro, Calle 5 y Avenida 3, Costa Rica
- + 506 2239-0391
- +1 212 796-5626
US Mailing Address
- 260 Crandon Blvd, Suite 32PMB97
Key Biscayne, FL 33149 - +1 305 704 3344
- +1 305 704 3334