Led by the region's largest and most experienced team, the LAPEF programme focuses on growth buyouts of cash-generative service businesses with low leverage. Its most recent fund, LAPEF IV, is one of the largest funds raised to date for Latin America.

Brazil, Mexico, Argentina and selected other Latin American countries.

Typical equity investment
$50 million – $200 million

Typical enterprise value
$50 million – $750 million and selected larger transactions

Core Advent sectors and industries experiencing significant regional growth or consolidation:

Areas of specific local interest

• Business Services (incl. Airport Services and Outsourcing)
• Financial Services
• Retail, Consumer & Leisure (incl. Airport-related)

Other core Advent sectors

• Healthcare
• Industrial
• Technology, Media & Telecoms

Mainly control positions but will selectively consider minority investments.

• Buyouts
  Acquiring a business from its owner – whether purchasing a subsidiary of a larger company, delisting a company from a stock exchange, buying from a majority shareholder such as a founder/owner or backing a management team seeking to assume ownership of a business.
   
• Expansion funding
  Targeted at driving either organic growth or market consolidation.