ACON Investments and DeA Capital Acquire Controlling Interest in Romar Care Group

ACON Investments Acquires Controlling Stake in Rymel

September 3, 2024

Manufacturing

ACON Investments has acquired a controlling (majority) stake in Rymel, a Medellín-based manufacturer of power distribution transformers, with founder Jaime Cardona and his family retaining an ownership interest. The investment — supported by co-investors including DEG, FMO and Proparco — will support Rymel's expansion of manufacturing capacity and commercial coverage across the Americas amid rising demand from utilities, data centers and energy-transition projects.

ACON Investments Closes $700M Continuation Fund for New Era Cap

August 4, 2022

Consumer Products

ACON Investments closed ACON Strategic Partners II, a single-asset continuation fund of approximately $700 million to effect a partial sale of its ACON Equity Partners IV stake in New Era Cap and to increase its existing ownership. New and continuing investors — led by Apollo Global Management, GCM Grosvenor, Hamilton Lane and Neuberger Berman — joined the fund, and Major League Baseball, the National Football League and the National Basketball Association took minority equity positions as part of the transaction to support New Era's global growth and DTC/retail expansion.

ACON Investments Acquires Majority Stake in Sola de Antequera (Alsur)

July 31, 2020

Food & Beverage

ACON Investments, together with Madrid-based Quarza Inversiones, acquired a majority stake in Sola de Antequera S.A. (Alsur), a producer, processor and distributor of preserved and canned vegetables with production facilities in Spain and Peru and sales across Spain and the United States. The Jiménez Family and Mario Mustafá Aguinaga retain a significant minority stake; ACON said the strategy will focus on expanding Alsur's footprint in Spain and accelerating growth into the U.S.

ACON (ALAOF V) Invests in Corporación Actinver

September 26, 2022

Financial Services

ACON Investments' affiliate ACON Latin America Opportunities Fund V (ALAOF V), alongside co-investors, closed a minority investment to acquire up to 15% of Corporación Actinver, S.A.B. de C.V. The capital will be used to strengthen Actinver's balance sheet and accelerate the growth of its digital products and services while supporting the company's management team and expansion across Mexico.

Valencia Capital Acquires ACOR Orthopaedic, Inc.

June 17, 2022

Medical Devices

Valencia Capital, LLC has acquired ACOR Orthopaedic, Inc., a Cleveland-based manufacturer of custom and retail orthopedic products and foam-conversion services. The private equity firm said the acquisition will provide ACOR with leadership and growth opportunities to expand its product and market reach.

ACON Investments Acquires Majority Stake in Salesland, S.L.

February 19, 2020

Marketing & Advertising

Affiliates of ACON Investments' Latin America Opportunities Fund IV acquired a majority interest in Salesland, S.L., a Madrid- and Bogotá-headquartered provider of direct sales and marketing services. Salesland's founder and management rolled over a portion of their equity and will remain significant minority shareholders as ACON supports the company’s organic growth and geographic expansion into the United States and further European markets.