Acquisitions in Bogotá, Colombia

ACON Investments’ Latin America Opportunities Fund V completed the acquisition of Vitalis Group, a manufacturer and wholesaler of generic injectable pharmaceuticals with production facilities in Colombia and Mexico. The Fund invested alongside select limited partners (DEG, FMO and Proparco) to support Vitalis’ regional expansion and cross-selling of its broad product portfolio across Latin America.

eSource Capital Group has acquired a controlling interest in Daxos, a Bogotá-based cloud solutions and software development firm focused on digital transformation and cloud-native connectors for Google, AWS and Azure. The acquisition expands eSource’s cloud capability set across the Americas and follows its recent integration of a Google Cloud partner in Mexico, positioning the group to offer a broader portfolio of cloud services to enterprise buyers.

Waterlogic has acquired Hidrospot, a Bogotá-based point-of-use (POU) water dispenser provider with ~5,000 installed dispensers and about 40 employees. The deal expands Waterlogic's footprint in Latin America as part of its buy-and-build strategy while the company remains PE-backed by Castik Capital.

H.I.G. Capital completed a strategic growth investment in Digital Ware S.A., a leading independent software supplier headquartered in Bogotá, Colombia. The partnership will support Digital Ware's regional expansion and product/vertical growth across its ERP, HCM and hospital information system offerings.