Go to deals
Private Equity | Construction & Engineering Services

IG4 Capital has acquired a controlling interest in Aenza

IG4 Capital has signed an agreement with Aenza S.A.A.’s shareholders to acquire a 25.13% stake in the company through the subscription of contracts with the purpose of exercising the political rights over shares representing 12.84% of the capital stock, and a public tender offer (PTO) for a 12.29% stake. IG4 Capital’s PTO for Aenza’s shares was a simultaneous offer in Peru for local shares and in the US for Aenza’s American depositary shares.

IG4 Capital is an investment fund with offices in São Paulo, Brazil, London, UK, and Santiago, Chile, raising funds globally, and is regulated by the UK FCA, US SEC and Brazilian CVM. The fund primarily exerts its core competencies through creative capital restructurings and debt conversions, incentivizing change of control, implementing robust corporate governance, and at the same time partnering with stakeholders.

Aenza (formerly known as Graña y Montero S.A.A.) is one of the largest infrastructure platforms in Peru, with permanent operations in Peru, Chile and Colombia. It is active in the engineering and construction, infrastructure and utilities concessions, oil and gas exploration, production and processing, and real estate segments. The company has 88 years of experience operating in 13 countries across Latin America and it currently has over 14,000 employees.

Oaklins’ team in Chile acted as financial advisor of IG4 Capital in the acquisition of a stake in Aenza in Peru through a tender offer.

Service
M&A buy-side
Parties

Talk to the deal team

 José Tomás Brahm

José Tomás Brahm

Director
Santiago, Chile
Oaklins LarrainVial
 Alberto  del Pedregal

Alberto del Pedregal

Associate
Santiago, Chile
Oaklins LarrainVial

Related deals

Ricotto has been acquired by Sitra Group
Private Equity | Logistics

Ricotto has been acquired by Sitra Group

Ricotto S.r.l. has joint Sitra Group, a Belgium-based and PE-backed international logistic and transportation group.

Learn more
M80 Partners has acquired Luminis
Private Equity | TMT

M80 Partners has acquired Luminis

Belgian private equity fund M80 has acquired a majority stake in Luminis. M80 offers to software and technology company Luminis the opportunity to further expand its strategy and market position internationally. Luminis becomes part of a platform that also includes XPLUS, a Belgian expert in enterprise IT architecture. M80 plans to make further selective acquisitions in Europe in the coming months with the aim of bringing together a portfolio of best-in-class digital transformation specialists.

Learn more
Spice Private Equity Ltd. has had a fairness opinion conducted on a public tender offer by GP Investments
Private Equity | Other Industries

Spice Private Equity Ltd. has had a fairness opinion conducted on a public tender offer by GP Investments

On 14 July 2022, GP Swiss Ltd., a subsidiary of GP Investments, published a public tender offer for all publicly held registered shares of Spice Private Equity Ltd. (Spice). The independent members of the Board of Directors of Spice have had a fairness opinion conducted on the financial adequacy of this public tender offer. The offer price for each Spice share was US$16.25 net in cash. Following a successful offer, GP Investment intends to delist the stock from the SIX Swiss Stock Exchange.

Learn more