Grupo Axo, a leading multi-brand retailer in Mexico, announced today that General Atlantic, a leading global growth equity firm, has agreed to make a strategic investment in the Company. As part of this transaction, Alsea, a leading Mexican multi-brand restaurant operator, will be fully exiting its position in the Company. The transaction is subject to customary closing conditions and authorization by the Mexican Antitrust Commission.
Empreendimentos Pague Menos (“Pague Menos Pharmacies”), the third largest drugstore retail chain in Brazil, announced today that General Atlantic, a leading global growth equity firm, has committed to make a strategic growth investment of R$600 million in the company, to support its next phase of growth.
General Atlantic, a leading global growth equity firm, announced today that it has opened an office in Mexico City, its second office in Latin America. Under the leadership of General Atlantic’s dedicated Mexican-born investment team, the Mexico City office will work closely with the firm’s larger Latin American team, its Brazil office, and the entire General Atlantic global network.