Mater I | Mater II | |
---|---|---|
Geographic focus | Chile | Chile - Perú |
Fund size | US$ 44 m | US$ 100 m |
Fund life | 10 years | 10 years |
CORFO line | 40% capital, convertible into debit if returns exceeds UF + 3% | n.a |
Investment focus | - Medium and small-sized companies that undertake innovate projects, wich are their creation or expasion stage
with sales that do not exceed 400.000 UF (US $18 m), and with less than 7 years in operation. - Industrial and services sectors. |
- Medium and small-sized companies that undertake innovative projects, wich are in their expansion stage. - Industrial and services sectors. |
Stage | Invested | Fundraising |
Investment / Divestment | 4 | 0 |
Company | Ownership | Sector | Presence | Investment date | Description |
---|---|---|---|---|---|
Medicenter | 51% | Healthcare | Chile | 2014 | Medicenter is a leading medical diagnostic center, focused on a variety of economic strata. It has a wide range of outpatients. It currently has 8 centers: 7 in the Metropolitan Region and 1 in the Los Lagos Region. |
GES Retail | 50% | Retail | Chile | 2015 | GES Retail is the parent company of two fashion brands that participate in the women's accessories market: iD and Humana. It currently has more than 60 locations within departament sotres such as Paris and Ripley. The company is also opening independent stores in the most important shopping centers of Santiago. |
RLA-SAV | 21% | Events Service | Chile, Perú, Colombia, Panamá & USA | 2017 | RLA-SAV is a provider of audiovisual services for hotels, convention centers and corporate events. Today it has contracts with 59 hotels and performs more than 10,000 events per month. |
Investment Thesis | - Constant cash flows and variable cost structure allowed for a leveraged transaction - High differentiation level - Great growth potential with low capital investments |
Value added | - Expand product rande and Latin America coverage - Develop new business lines - Commercial synergies to create product cross-sales |
Exit | - In July 2017 PayGroup was acquired in its entirety by Evertec Group LLC, a leading company in transaction services and solutions |