ACON Investments

ACON Investments is a Washington, DC-based private equity firm founded in 1996 that targets investments in mature and middle-market companies through buyouts, industry consolidation, and turnarounds. It avoids real estate and conventional infrastructure assets and seeks opportunities in the United States and Latin America, with a focus on Mexico, Brazil, Colombia, and Peru. The firm typically deploys equity in the 20 to 150 million range, seeks board seats, and aims to hold investments for about five years. It invests across the capital structure, including controlling and significant minority equity as well as quasi-equity instruments, across sectors such as energy and energy-related services, consumer goods and services, healthcare, financial services, media and entertainment, software and services, manufacturing, retail, and telecommunications. ACON maintains offices in Washington, Mexico City, Sao Paulo, Madrid, and Bogota, and manages private equity funds and dedicated investment partnerships.

Juan Pablo Archila

Principal

Bernard W. Aronson

Founder, Managing Partner

Mo Bawa

Managing Partner

Mo Bawa

Managing Partner

CJ Cimino

Director of Finance

Alfonso Corcuera

Principal

Mauricio Cortés

Partner

Alex DeAraujo

Operating Partner

Santiago Delgado

Operating Partner

Gino Dellomo

Partner

Jorge Dickens

Managing Partner

Jose Miguel Knoell

Managing Partner

Rodrigo Galvão

Partner

Jonathan J. Ginns

Founder, Managing Partner

Alberto Hernandez

Partner

Kenneth Hurley

Senior Associate

Anjali Jolly

Managing Partner

Ryan Khosravi

Associate

Suma Kulkarni

Managing Partner

Marcos Llado

Managing Partner

York Lu

Principal

Emiliano B. Machado

Director

Pedro Mariani

Associate

Jaime Marin

Investment Director

Santiago Polo

Managing Director

Aron Schwartz

Managing Partner

Drew Scielzo

Operating Partner

Marcos Semmler

Managing Partner

Fernando Tena

Associate

Melissa Truong

Principal

Masumi Waida

CFO

Brett Weidemeyer

Senior Associate

Diogo Yano

Managing Director

Diogo Yano

Director

Shajie Zaidi

Associate

Past deals in Andes

Vitalis

Acquisition in 2021
Vitalis is a global pharmaceutical company dedicated to the development and distribution of sterile medicines. It focuses on multiple therapeutic areas such as antibiotics, anesthetics, analgesics, and gastrointestinal drugs, aiming to enhance patient outcomes and safety.

Biosidus

Private Equity Round in 2018
Biosidus S.A., founded in 1983 and headquartered in Buenos Aires, Argentina, is a leading biotechnology company specializing in the development, manufacture, and supply of biosimilars. The company's product portfolio includes eight therapeutic proteins, such as Epoetin for chronic renal failure, Filgrastim for cancer treatment, Somatropin for growth hormone deficiency, and Lenograstim for various conditions. Biosidus also has a robust pipeline of therapeutic proteins at different stages of development, including retuximab and etanercept product candidates. The company operates two manufacturing plants: the Almagro Plant for research and development and production of pharmaceutical active ingredients, and the Bernal Plant for aseptic filling, lyophilization, and packing. Biosidus focuses on transgenic animals and gene therapy applied to vascular disease management, with a strong intellectual property policy that provides a competitive advantage in the biosimilars market. The company has established a global business supplying high-quality biopharmaceuticals to territories in Asia, Africa, Eastern Europe, and Latin America.

AmforaPackaging

Acquisition in 2015
AmforaPackaging specializes in the design, development, and manufacture of plastic containers and lids for various industries, including fragrance, cosmetics, personal care, pharmaceuticals, and food. With a strong presence in Latin America, the company operates multiple production facilities in countries such as Colombia, Peru, and Ecuador, establishing itself as a regional supplier. AmforaPackaging provides reliable packaging solutions, ensuring that clients receive tailored services that meet their specific needs in packaging for diverse applications.

VETRA Energía

Acquisition in 2013
VETRA Energía S.L. is a Colombian company focused on the exploration and production of oil and gas. Founded in 2003 and headquartered in Bogotá, it operates production blocks in regions such as Middle Magdalena Valley, Lianos, Catatumbo, and Putumayo. The company has a history as a former subsidiary of Avantegenera and is dedicated to developing its resources to contribute to the energy sector in Colombia.

Grupo Sala

Acquisition in 2011
Grupo Sala is a waste management companies in Colombia, operating under three business segments. The Urban Waste division provides municipal waste collection and disposal services in seven cities throughout Colombia and also operates four landfills. The Special Waste division provides internationally compliant incinerator and security cell services for industrial and medical waste. The Water Division manages the water utility in the neighboring towns of Sincelejo and Corozal.

Credivalores-Crediservicios

Private Equity Round in 2010
Based in Bogota, Colombia, Credivalores-Crediservicios is a non-banking financial company that provides consumer loans for individuals and small companies. The company also focuses on payroll-deduction loans and consumer lending collected through public utility bills as well as discount of checks and financing of insurance policies to low and middle income individuals. The independent consumer finance company uses its funding received from Gramercy Funds Management to upgrade the company’s entire technology platform combined with various initiatives. Founded in 2003, Credivalores-Crediservicios offers its services to clients in Colombia, Mexico, and the United States.

Fybeca

Private Equity Round in 2004
Fybeca, headquartered in Cuenca, Ecuador, operates as a retail pharmacy chain, offering a wide range of pharmaceutical products and related items. Its product portfolio includes healthcare essentials, with the remaining 35% comprising categories such as health and beauty, household goods, food and beverages, gifts, and infant care products.

Tropigas

Private Equity Round in 1998
Tropigas is thedistributor of liquefied petroleum gas (LPG) in Venezuela. The merger of the 2nd and 3rd largest LPG firms in Venezuela (Tropiven and Digas).
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