Apollo-backed Payment Processor Evertec Files for IPO
(Reuters) Apollo Global Management LLC-backed payment processor Evertec Inc filed with U.S. regulators to raise…
View ArticleApollo Poised for Fivefold Return on Evertec Investment
(Bloomberg) Apollo Global Management is planning to sell its remaining 11.2% stake (9.2m shares) in…
View ArticleDarby Acquires Majority Stake in Acrecent
(PEHub) Darby Private Equity has acquired a majority stake in Acrecent Financial Corp., a commercial…
View ArticleCastle Harlan’s CRI Expands into Mexico with Firehouse Subs
Caribbean Restaurant Inc. (CRI), the Puerto Rican Burger King franchisee acquired by private equity firm Castle Harlan, launched an expansion into Mexico as the master franchisee of Firehouse of...
View ArticleParallel18 Ventures Invests in BrandsOf, Timokids and Be Better Hotels to...
Puerto Rico accelerator Parallel18 invested US$75k each (US$225k total) in Puerto Rico’s Brands Of, Brazil’s Timokids, and Argentina’s Be Better Hotels to expand operations in Puerto Rico. Paralell18...
View ArticleEvertec Acquires Chile’s PayGroup from Activa
Chile’s Activa Alternative Assets has sold Chilean processing and software services company PayGroup to Evertec, a Puerto Rico-based transaction processing business in Latin America and the Caribbean....
View ArticleMorro Ventures Launches New Fund to Invest in Tech Startups (en español)
Puerto Rican investors Allison Kern and Cyril Meduña have launched Morro Ventures, an institutional investment fund which will focus on early-stage technology companies. (El Nuevo Dia) Invertir para...
View ArticleMorro Venture Partners Launches US$20m Early-Stage VC Fund for Puerto Rican Tech
Morro Venture Partners, under parent company Advent-Morro Equity Partners, launched a US$20m early-stage VC fund to invest in Puerto Rican technology as well as startups that can utilize Puerto Rico to...
View ArticlePuerto Rican Mobile Analytics Burea Raises US$2m from Local Investors (en...
Burea, a Puerto Rican mobile analytics platform for offline sales, raised US$2m from unnamed local investors. Burea was accelerated at Parallel18. (El Nuevo Día) La empresa de tecnología boricua Burea…...
View ArticleApollo-backed Payment Processor Evertec Files for IPO
(Reuters) Apollo Global Management LLC-backed payment processor Evertec Inc filed with U.S. regulators to raise up to $100 million in an initial public offering of its common shares. In a…
View ArticleApollo Poised for Fivefold Return on Evertec Investment
(Bloomberg) Apollo Global Management is planning to sell its remaining 11.2% stake (9.2m shares) in Evertech, a Puerto Rico-based transaction processing business in Latin America and the Caribbean. The...
View ArticleDarby Acquires Majority Stake in Acrecent
(PEHub) Darby Private Equity has acquired a majority stake in Acrecent Financial Corp., a commercial finance company operating in Puerto Rico and the Caribbean. No financial terms were disclosed....
View ArticleCastle Harlan’s CRI Expands into Mexico with Firehouse Subs
Caribbean Restaurant Inc. (CRI), the Puerto Rican Burger King franchisee acquired by private equity firm Castle Harlan, launched an expansion into Mexico as the master franchisee of Firehouse of America,…
View ArticleParallel18 Ventures Invests in BrandsOf, Timokids and Be Better Hotels to...
Puerto Rico accelerator Parallel18 invested US$75k each (US$225k total) in Puerto Rico’s Brands Of, Brazil’s Timokids, and Argentina’s Be Better Hotels to expand operations in Puerto Rico. Paralell18...
View ArticleEvertec Acquires Chile’s PayGroup from Activa
Chile’s Activa Alternative Assets has sold Chilean processing and software services company PayGroup to Evertec, a Puerto Rico-based transaction processing business in Latin America and the Caribbean....
View ArticleMorro Ventures Launches New Fund to Invest in Tech Startups (en español)
Puerto Rican investors Allison Kern and Cyril Meduña have launched Morro Ventures, an institutional investment fund which will focus on early-stage technology companies. (El Nuevo Dia) Invertir para...
View ArticleMorro Venture Partners Launches US$20m Early-Stage VC Fund for Puerto Rican Tech
Morro Venture Partners, under parent company Advent-Morro Equity Partners, launched a US$20m early-stage VC fund to invest in Puerto Rican technology as well as startups that can utilize Puerto Rico to...
View ArticlePuerto Rican Mobile Analytics Burea Raises US$2m from Local Investors (en...
Burea, a Puerto Rican mobile analytics platform for offline sales, raised US$2m from unnamed local investors. Burea was accelerated at Parallel18. (El Nuevo Día) La empresa de tecnología boricua Burea…
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