Becker Glynn, Philippi Prietocarrizosa Ferrero DU & Uría, Creel, García-Cuellar, and Alfaro, Ferrer y Ramírez advised IDB Invest, while Brick Abogados advised Farmalisto on the deal.
DB Invest executed its investment in the Panamanian company Farmalatam Holding Inc for US$8 million. Additionally, the investment made by IDB Invest was part of a capitalization round for an aggregate value of US$18 million, in which HBM Healthcare Investments (main shareholder of Farmalisto) and the private equity fund Morgan Rio also participated.
Farmalatam Holding Inc is the holding company of the Farmalisto Group which particiates in the healthcare markets in Colombia, Mexico and Peru through subsidiaries incorporated in those jurisdictions.
IDB Invest, a member of the Inter-American Development Bank Group (IDB Group), is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector.
Becker Glynn acted as New York Counsel to IDB Invest with Patrick O´Brien (Partner) and Andrés Sardi (Associate).
Philippi Prietocarrizosa Ferrero DU & Uría acted as Colombian and Peruvian counsel to IDB Invest with Hernando Padilla (Partner; Picture), Rafael Boisset (Partner), Alejandro Medina, Noelia Martiátegui (Associate), Pedro Arango (Associate) and Ximena González (Associate).
Creel, García-Cuellar acted as Mexican counsel to IDB Invest with Gerardo Zimbrón (Associate) and Paola Carrasco (Associate).
Alfaro, Ferrer y Ramírez acted as Panamanian counsel to IDB Invest with Roberto Harrington (Partner).
Brick Abogados acted as Colombian counsel to Farmalisto with Vanesa González (Associate) and Andrés Rodríguez (Associate).
Involved fees earner: Roberto Harrington Arango – Alfaro, Ferrer & Ramírez; Patrick O’Brien – Becker, Glynn, Muffly, Chassin & Hosinski LLP; Andres Sardi Garcia – Becker, Glynn, Muffly, Chassin & Hosinski LLP; Vanesa González Restrepo – Brick Abogados ; Andrés Eduardo Rodríguez Gómez – Brick Abogados ; Paola Carrasco – Creel, García-Cuéllar, Aiza y Enriquez SC; Gerardo Zimbrón – Creel, García-Cuéllar, Aiza y Enriquez SC; Pedro Arango – Philippi Prietocarrizosa Ferrero DU & Uría; Rafael Boisset – Philippi Prietocarrizosa Ferrero DU & Uría; Ximena González Cardozo – Philippi Prietocarrizosa Ferrero DU & Uría; Noelia Mariátegui – Philippi Prietocarrizosa Ferrero DU & Uría; Alejandro Medina Benavides – Philippi Prietocarrizosa Ferrero DU & Uría; Hernando Padilla – Philippi Prietocarrizosa Ferrero DU & Uría;