Topaz’s $27 Million Acquisition of Harmon Hall


Santamarina + Steta and Ritch, Mueller, Heather y Nicolau advised on the deal

Talisis executed the acquisition of 100% of the shares of Harmon Hall Holding, S.A. de C.V., for $27 million, from Nexxus Capital and several others international institutional investors.

BBVA Bancomer provided the acquisition financing through a long term facility, secured with the recently acquired shares of Harmon Hall.

Harmon Hall is the leading English school network in Mexico, with more than 50 years of operations, and with more than 100 campuses across the country. By adding Harmon Hall to its portfolio, Talisis increased its footprint on the Mexican education sector to 190 campuses, more than 150,000 students, around 8,000 teachers, and an unparalleled leading presence throughout Mexico, the U.S. and Central America.

Santamarina + Steta advised to Talisis Holding, S.A.P.I. de C.V. – operating as a subsidiary of Topaz Holding, S.A.P.I. de C.V., – with a team including Alberto Saavedra (Picture) Juan Carlos Machorro, Ricardo Orea and Juan Pablo Rodríguez.

Ritch, Mueller, Heather y Nicolau, S.C. acted as legal counsel to the sellers.

Involved fees earner: Juan Carlos Machorro G. – Santamarina y Steta; Ricardo Orea M. – Santamarina y Steta; Juan Pablo Rodríguez Sada – Santamarina y Steta; Alberto Saavedra O. – Santamarina y Steta;

Law Firms: Santamarina y Steta;

Clients: Topaz Holding, S.A.P.I. de C.V.;

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Author: Ambrogio Visconti.