opportunities in other Latin American countries.

Kandeo typically invests in SMEs between $15 million to $50 million per transaction and it seeks to acquire a controlling position in its portfolio companies by either owning a majority stake in stock, specifics shareholder´s agreements or a mezzanine loan with warrants and/or preferred stock attached, seeking a seat on the board and participation in management. The firm usually exits its investments through a sale to strategic or other financial investors. Kandeo was founded in 2010 and is based in Mexico City, Mexico with additional offices in Bogota, Colombia and Miami, Florida.