Mayer Brown is one of the most active international law firms in Latin America and the Caribbean. We regularly advise Latin American and international companies in connection with their corporate transactions. The lawyers in our Latin American Corporate/Private Equity group represent a broad spectrum of public and private companies, private equity and leveraged buy-out firms, special committees, closely held companies, management groups and individuals across the region.
We have particular experience in the energy and natural resources sectors where our team has extensive experience in oil & gas, LNG, power and mining related transactions across the region. We also regularly advise regional, national and global investment banks in their roles as financiers or financial advisers in M&A transactions.
We handle transactions ranging in size and complexity from multibillion dollar, cross-border transactions to mid-size and smaller transactions. We are familiar with the foreign investment, tax, corporate, financing and intellectual property issues that arise in transactions in the region, and are accustomed to working with local counsel to find innovative, cost-effective solutions to investment objectives.
Mayer Brown regularly assists fund sponsors, advisers and investors in evaluating opportunities and in structuring and executing private equity transactions in Latin America. Our lawyers’ broad market experience enables our private fund sponsor, adviser and investor clients to structure funds and investments creatively and efficiently to maximize fundraising flexibility and opportunities. Our private investment fund practice includes the representation of private funds and their sponsors in connection with fund formations, portfolio investments and transactions, fund administration and regulatory matters.
Whatever the transaction, we are known for both top-level client service and creative solutions to complex problems. We are also able to offer both Spanish and Portuguese language deal teams drawn from our offices in New York, Chicago, Houston and London.
- AEI Energy. Advised AEI Energy and The Williams Companies in the sale of their ownership interests in Accroven SRL, a company providing gas liquids extraction services to PDVSA in Venezuela.
- Banco Popular de Puerto Rico. Represented Banco Popular de Puerto Rico, the principal Puerto Rico-based banking subsidiary of Popular, Inc., in its US$247.4 million sale of a portfolio of nonperforming commercial and construction loans, and commercial and single-family real estate owned, to an entity majority owned by a joint venture between Caribbean Property Group LLC and certain affiliated funds of Perella Weinberg Partners Asset Based Value Strategy. Banco Popular retained a minority interest in the joint venture.
- CaribeVision. Represented Grupo Colte and Pegaso Television in multiple investments by Grupo Colte, Pegaso Television, TeleCapital Associates, LP and TeleCinco Gestévision S.A. into CaribeVision Holding, Inc. and CaribeVision TV Network LLC.
- Compañía Minera Huasco S.A. Represented M.C. Inversiones Limitada (MCI) in a US$523 million merger of Compañía Minera Huasco S.A., owner of the Los Colorados Mine, with and into Compañía Minera del Pacífico (CMP), and a follow-on US$401 million equity capital contribution to CMP by MCI, a subsidiary of Mitsubishi Corporation.
- Kingston Container Terminal. Represented the Port Authority of Jamaica in the negotiation of its agreement with the majority French-owned company Terminal Link/CMA CGM Consortium to privatize the Kingston Container Terminal. The project value – when considering upfront payments and required capital expenditures to accommodate larger ships following the completion of the Panama Canal expansion – is expected to exceed US $600 million.
- Linzor Capital Partners’ Acquisition. Represented the lead arranger and several lenders, including in the MXN 8.2 billion asset-backed term loan financing entered into as part of the financing of Linzor Capital Partners’ US$1.1 billion acquisition of an equipment-leasing business.
- Mariscal Sucre Airport. Advised Grupo Odinsa S.A. on a multifaceted transaction that resulted in the acquisition of an equity interest in Corporacion Quiport S.A., the concessionaire and operator of the Mariscal Sucre Airport in Quito, Ecuador.
- Nestlé S.A. Represented Nestlé in its acquisition of the milk powder business in Brazil, Argentina, Ecuador and Colombia of Dairy Partners Americas and liquid dairy business in Ecuador of Dairy Partners Americas, a joint venture formed by Nestlé and New Zealand-based Fronterra Co-operative Group Ltd. Following the acquisition, Fronterra will acquire the remaining stake in chilled and liquid dairy business in Venezuela from Nestlé, with Fronterra taking a 51 percent stake and Nestlé 49 percent.
- Recepta Biopharma S.A. Represented Recepta Biopharma S.A., a clinical stage Brazil-based biotechnology company, in an exclusive license agreement with Mersana Therapeutics, Inc. to develop and commercialize an immuno-oncology therapy using an antibody licensed from Recepta.
- Telefónica. Advised Telefónica in the sale of Atento Brazil, its call center business in Brazil, to Bain Capital for more than €1 billion. Atento is the second-largest customer relationship management business in the world, with operations in 15 countries in Latin America, Europe and North Africa. The deal was particularly complex due to the involvement of many jurisdictions, and because the closing required a series of financial transactions.
- Vantage Specialty Chemicals. Represented Vantage Specialty Chemicals, a portfolio company of The Jordan Company, in its acquisition of all of the shares of stock in Agrinsa Agro Industrial S.A., (an Argentine corporation owner of the largest jojoba farm in the world) from Acindar Industria Argentina de Aceros S.A.
Ranked Band 2 for Banking & Finance – Latin American-wide
Ranked Band 2 for Projects – Latin America-wide
Ranked Band 3 for Energy & Natural Resources – Latin American-wide
Ranked Band 4 for Capital Markets – Latin American-wideChambers Latin America 2017
Ranked Band 2 for Projects (similarly ranked in 2016, 2015 and 2014)
- "The team has done an outstanding job, we are very pleased. The lawyers excel in finding creative solution solutions to unforeseen problems. Their work has been really excellent and I would highlight the depth and breadth of their knowledge of structured finance."
Ranked Band 2 for Banking & Finance (similarly ranked in 2016, 2015 and 2014)
- "[Involved in] many cutting-edge matters including secured and unsecured finance, structured finance and project finance. Strong showing in the capital markets space, and noted capacity to handle a broad range of energy and infrastructure financings."
"We have an excellent opinion of the firm and its capacity in structured finance deals in Latin America. They are committed, hard-working and constructive, and have a proactive approach."
Ranked Band 3 for Energy & Natural Resources (similarly ranked in 2016)
- "The client service is excellent. I really value the team's constant availability, broad vision and innovative propositions in all the matters. What sets this firm apart from the rest is its vision."
Ranked Band 3 for Insurance (similarly ranked in 2016, 2015 and 2014)
- "The lawyers are proactive and good at what they do. They are commercial and focused on looking after the clients' interests."
Ranked Band 4 for Capital Markets
Chambers Global 2016Ranked Band 2 for Projects – Latin America-wide
Ranked Band 2 for Banking & Finance – Latin American-wide
Chambers Latin America 2016
Ranked Band 4 for Corporate M&A (similarly ranked in 2014 and 2015)
- "They have a deep knowledge of the project finance area and the Latin American energy sector. They're involved in many of the cross-border infrastructure deals of note."
Ranked Band 1 for Latin American Investment in Texas
- "The lawyers have exceptionally deep knowledge of project financing."
"I value the team for their expertise in the energy sector. They have experience in high-value, cross-border infrastructure deals in Latin America."
Ranked Band 4 for Latin American Investment in New York
- "They handled our corporate matters very well. They have a deep knowledge of the market and can handle cross-border work incredibly well."
"They have an outstanding command of complex legal matters. They have a deep knowledge of the project finance arena and the Latin American energy sector."
Americas Project Finance Team of the Year
Project Finance Practice Group of the Year
Legal 500 Latin America 2014
Tier 1 in Projects & Energy
Recent Deal of the Year Awards
- Aruba Green Corridor. Best Infrastructure Financing: Caribbean 2016.
InterChile Transmission Line Projects. Best Power Deal 2016.
Marcona and Tres Hermanas Wind Farm Projects.Best Renewable Energy Financing 2015.
Rutas de Lima Toll Road. Best Local Currency Financing; Best Road Financing; and Best Infrastructure Financing (Andes),and 2014 PPP Deal of the Year by World Finance magazine.
Parque Eólico Marcona/Tres Hermanas. Best Renewable Energy Financing, 2015.
ACI Airport SudAmérica. Best Airport Financing2015.
Abengoa Transmisión Sur (ATS). Latin American Transmission Deal of the Year 2014.
Orosí Wind Farm Project. Latin America Wind Deal of the Year 2013.
Luis Muñoz Marin International Airport. North America Transport Deal of the Year 2013.
Oaxaca II and Oaxaca IV Wind Farm Projects. Latin American Project Bond Deal of the Year 2012.
Via Parque Rimac. Latin American PPP Deal of the Year 2012.
Huascacocha Water Infrastructure. Latin America Water Deal of the Year 2010 & Project Finance Deal of the Year 2011.