Linzor’s partners have selected and managed investments using a consistent set of criteria since they entered the
private equity sector.
We focus primarily on Latin America
We believe there is a significant opportunity
to generate attractive returns in
the middle market
We believe there is a significant opportunity to generate attractive returns in the middle market, a segment that consists mainly of family-owned companies and subsidiaries of multinational firms, with enterprise values ranging between $100 and 400 million.
By focusing on the middle market, we can capture a broader universe of investment opportunities, in a market segment that we consider to be underserved by larger institutional private equity firms.
Many of the potential investments in this segment are proprietary opportunities with high value creation potential, where we can secure a competitive advantage thanks to our network of professional relationships and speed of execution.
We seek controlling positions in order to
actively manage strategic value creation plans
We seek controlling positions in order to actively manage strategic value creation plans and potential exit windows. We may also consider taking significant minority positions in selected cases where a strong shareholders’ agreement can be negotiated.
As an active investor, we target businesses that can be transformed into more valuable enterprises through a combination of operating improvements, revenue expansion, and consolidation.
The common thread through all Linzor investments is our conviction that there is an opportunity to implement an aggressive value creation plan, and that the necessary management resources are in place or can be assembled quickly to implement that plan.
We review investments across a broad
range of industries
We review investments across a broad range of industries, believing that this flexible approach is critical to finding the most compelling investment opportunities in Latin America. Linzor is well equipped to execute this strategy, given the partners’ successful experience investing across multiple sectors.
Diversification across both countries and industries is an important investment consideration in managing overall fund risk.
Attractive risk-adjusted returns through a
disciplined pricing and underwriting process
We seek to generate attractive risk-adjusted returns through a disciplined pricing and underwriting process. We value potential investments under realistic base case assumptions that take into account risks inherent to the country, currency, industry, company, and exit options. Our investments also carry the potential to create increased value through significant growth or upside that is incremental to the base case business.
Our local presence and deep knowledge of the target markets enables us to take advantage of pricing disparities across geographies. We are able to contrast asset pricing across markets and assign resources to the most compelling opportunities from a valuation perspective.