Acquisitions in Nuevo León, Mexico

Former NFL All-Pro Ryan Kalil and NBA All-Star Blake Griffin, together with a broader athlete-led ownership group, acquired a controlling (majority) stake in the Monterrey, Mexico-based LFA American football franchise formerly known as Fundidores de Monterrey. The stake was purchased from prior owners Fabián Marcos and José Luis Domene, who will remain as minority partners and continue to support franchise management. Under the new ownership, the team has been rebranded as Osos Monterrey and the group plans to pursue partnerships, community engagement, player development, and a documentary chronicling the transition.

Wind Point Partners’ portfolio company Palmex S. de R.L. de C.V. and Highlander Partners’ portfolio company Benestar Brands agreed to merge, creating a larger North American provider of Hispanic and better-for-you salty snack products; Wind Point will be the majority shareholder and Highlander will retain a significant minority stake. As part of the transaction, Benestar’s Pretzilla division is being separated and will continue as a standalone business owned by Highlander and Pretzilla management.

Impulsora Euro S.A. de C.V. acquired Granmark S.A. de C.V., a wholly owned Mexican subsidiary of Party City Holdings, Inc., in a divestiture advised by Capstone Partners. Granmark designs, manufactures, and distributes party supplies, gift wrap, stationery, and packaging products and is headquartered in Monterrey, Mexico. The transaction was completed during Party City’s bankruptcy process and required creditor consent and court approval.

Wind Point Partners, a Chicago-based private equity firm, acquired Palmex S. de R.L. de C.V., a Monterrey, Mexico-based manufacturer of better-for-you and Hispanic snack pellets used in salty snacks. The acquisition is intended to serve as a platform for building a North American business-to-business salty snack manufacturing business focused on the better-for-you and Hispanic segments.

Crediclub entered into a binding agreement to partner with L Catterton, under which L Catterton Latin America will acquire a significant minority stake in the Mexico-based lending and digital financial services platform. The investment is intended to provide growth capital and operational support to expand Crediclub’s product offering, customer acquisition, technology capabilities, and brand awareness, subject to regulatory approvals.