We acted as local M&A counsel to Total Marketing and Services S.A., a division of French oil and gas company Total in the sale of its fuel distribution business in Costa Rica, comprised of 19 gas stations throughout the country, to Panama’s Petroleos Delta.
Batalla advises IGT, a leading gaming and lottery services company with presence in more than 60 countries, on the impdlementation and operation of the first-ever electronic online lottery in Costa Rica after a bidding process and award by the national entity controlling all lotteries (Junta de Protección Social).
Batalla acted as Central American M&A counsel to Colombia’s Grupo Mundial de Pinturas (now Grupo Orbis) in the acquisition of HB Fuller’s paint business in Costa Rica, Honduras, Guatemala, El Salvador and Panama.
Advised Koba International Group, S.A., the operator of the hard discount supermarket chain “D1” in Colombia (Antioquía and the Eje Cafetero) in a US$ 16MM round of equity financing from Colombian investment firm Valorem S.A. and IHAG Holdings, a Swiss private bank.
Represented Lafise Investment Management Ltd. in the formation and operation of CASEIF Corporation II Ltd. and CASEIF III L.P., its third generation private equity fund and its first fund structured as an Ontario limited partnership.
Advised fund manager Sustainable Energy Central America (SECA) in the formation of the Honduras – Renewable Energy Financing Facility L.P. and the Caribbean Basin Sustainable Energy Fund L.P., two private equity funds structured as Delaware limited partnerships that will co-invest in sustainable energy projects in the Caribbean Basin.
Batalla is certainly the primary destination for those seeking sophisticated venture capital advice, but in addition to its strong track record in transactional private equity matters and cross-border fund formation, the five-partner group is equally adept at assisting with multijurisdictional mid-market M&A transactions (particularly on the seller side), joint ventures, compliance and corporate day-to-day issues. (The Legal 500, 2017)