General Atlantic’s Acquisition of a minority stake of Grupo Axo


Galicia Abogados, Paul, Weiss, Rifkind, Wharton & Garrison, Mijares, Angoitia, Cortés y Fuentes and Creel, García-Cuéllar, Aiza y Enríquez advised on the deal

Alsea reached an agreement with U.S. investment firm General Atlantic to sell its minority stake in Grupo Axo.

Alsea S.A.B. de C.V. is a multi-brand operator in Latin America, operating brands from the fast food, cafeteria and casual dining segments.

Grupo Axo is a brazilian company that operates fashion brands.

Alsea, which manages international fast-food franchises and coffee shops such as Starbucks and Domino’s Pizza, also announced a deal with Grupo Axo that would allow Axo to acquire the minority stake owned by Alsea in Axo units in Chile.

The two deals have an aproximate value of $85.5 million.

In Mexico, Galicia advised General Atlantic with Ignacio Pesqueira and Ricardo García Giorgana.

In New York, Paul, Weiss, Rifkind, Wharton & Garrison LLP advised General Atlantic with Ellen Chin (Picture), Matthew Abbott and Patrick Karsnitz.

Mijares, Angoitia, Cortés y Fuentes, advised Grupo Axo with Ricardo Maldonado-Yáñez.

Creel, García-Cuéllar, Aiza y Enríquez advised Alsea with Jean Michel Enriquez, Jorge Montaño, Humberto Botti and Luis Gerardo García.

Involved fees earner: Jean Michel Enriquez – Creel, García-Cuéllar, Aiza y Enriquez SC; Jorge Montaño Valdés – Creel, García-Cuéllar, Aiza y Enriquez SC; Humberto Botti O. – Creel, García-Cuéllar, Aiza y Enriquez SC; Luis Gerardo García Santos Coy – Creel, García-Cuéllar, Aiza y Enriquez SC; Ignacio Pesqueira T. – Galicia Abogados, S.C; Ricardo García Giorgana – Galicia Abogados, S.C; Ricardo Maldonado-Yáñez – Mijares, Angoitia, Cortés y Fuentes, S.C.; Matthew Abbott – Paul Weiss Rifkind Wharton & Garrison; Ellen Ching – Paul Weiss Rifkind Wharton & Garrison; Patrick Karsnitz – Paul Weiss Rifkind Wharton & Garrison;

Law Firms: Creel, García-Cuéllar, Aiza y Enriquez SC; Galicia Abogados, S.C; Mijares, Angoitia, Cortés y Fuentes, S.C.; Paul Weiss Rifkind Wharton & Garrison;

Clients: Alsea, S.A.B. de C.V.; General Atlantic; Grupo Axo, S.A.P.I de C.V.;