RLA-SAV has sold a 51% stake to Mater Private Equity

Videocorp S.A. and Grupo M&A have sold a 51% stake in RLA-SAV to Mater Private Equity. Financial details have not been disclosed.

RLA-SAV is the largest audiovisual solutions company in Latin America, with presence in Chile, Peru, Colombia, Panama and the US. It is specialized in the delivery of audiovisual solutions for hotels and convention centers, as well as for congresses, seminars, fairs, and corporate events

Mater Private Equity started its operation in early 2010, from the association of a group of expert managers in administration of investment funds who previously operated under the name of UMM Capital, and Activa SpA, a LarraínVial company committed to private equity development. The knowledge about the industrial and service sectors, together with the expertise managing investment funds and LarraínVial's track record in the financial market, have resulted in a team that creates value for its investors.

Oaklins' team in Chile advised the shareholders of RLA-SAV on the sale of 51% of the company through a capital increase and the sale of secondary shares.