San Pedro Sula, Honduras. – June XX, 2016 – CoreCo Private Equity, the private equity fund targeting investments in Central America and the Dominican Republic, has announced an investment in GRS, a Honduras-based company that commercializes white goods in Guatemala, El Salvador, Honduras and Nicaragua. CoreCo’s investment will be used to fund inventory, capacity expansion, and development of new products in GRS.
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.
CoreCo has a diverse portfolio of high-growth companies that fill a niche market nationally and/or regionally.
Distributor of home appliances and white goods with operations in Honduras, Guatemala, El Salvador and Nicaragua
Guatemalan branch of the United States’ largest hard discount grocery chain, Save-A-Lot
Costa Rican leader in automotive product sales and distribution to the trade
Provider of low-cost telemedicine and urgent care services to the Guatemalan market
Environmental, Social, Governance Policy and Standards (ESG)
We work with our partner companies in the implementation of ESG management systems as we believe measuring and building upon the sustainability and ethical impact of an investment leads to long-term value creation.
- 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
- 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
Guatemala City, Guatemala. – CoreCo Private Equity, the private equity fund targeting investments in Central America and the Dominican Republic, has announced an investment in Directores Estratégicos S.A. (“SAL”), a Guatemalan company that has been granted the license to develop and operate Save-a-Lot supermarkets in Guatemala and the Central America region.
San Jose, Costa Rica. – CoreCo Private Equity, the private equity fund targeting investments in Central America and the Dominican Republic, today announced the closing of its investment in Synergy Group Service Solutions (“SGSS”), Costa Rica market leader in automotive product sales and distribution to the trade. CoreCo’s investment will be used to continue the Company’s growth in the distribution of machinery, tools parts and consumables to the automotive service market.