We will use these criteria and guidelines in evaluating acquisition opportunities:
Have the potential to further improve their performance from an active “hands-on” role in strategic, operational and financial direction. We intend to look for targets that have clear opportunities for long-term sustainable growth that may benefit from our transactional, financial, managerial and investment expertise as well as our extensive networks and insights. We believe our management team has the skills and capabilities to enhance companies’ results and intend to develop greater managerial depth and sophistication, facilitate new commercial opportunities and work closely with management in designing and executing growth strategies.
Have a proven business model with consistent operational performance. We expect to target a business that has significant commercial traction, robust growth potential and has historically exhibited profitability or has a clear path towards profitability.
Have top-tier proven executive management teams. We intend to seek a target that has an experienced managerial group with a clear vision about how to grow their company based on a successful track record of achieving a relevant market position in their industry.
Exhibit institutional-level operations and financial controls. We intend to seek a target that has the underlying infrastructure and operations to build a public platform.
Have durable competitive advantages that are differentiated in the sector. We intend to acquire an asset that not only benefits from secular tailwinds in its respective industry, but also exhibit hard-to-replicate competitive advantages amongst its peers.
May benefit from capital markets access. We intend to seek a target that may benefit from being, or has the potential to become, a public company with an increased public profile, enhanced corporate governance and increased access to a more diversified pool of capital.
Exhibit unrecognized value and desirable returns on capital. We intend to look for targets that we believe have been undervalued by the marketplace based on our analysis and due diligence review.
Board Committee Charters:
Code of Ethics:
Corporate Governance Guidelines:
Business Combination Announcement:
Passive Foreign Investment Company Statement:
Co-founder and Managing Partner of LIV Capital since 2006. Mr. Rossi has more than 25 years of experience in Private Equity and Venture Capital in Mexico and the US. Mr. Rossi is a board member in 10 companies in a wide range of industries. Mr. Rossi is a Council Member of LAVCA and a Latin America Council Member of EMPEA.
Mr. Zesati co-founded LIV Capital and is a Managing Partner since 2006. Prior to this, Mr. Zesati served as Managing Director of Latin Idea.com, LLC, the predecessor of LIV Capital. Mr. Zesati participates as a board member in 10 companies in a wide range of industries.
Mr. Dávila joined LIV Capital in 2009 as Managing Partner after being an active investor and advisor since its inception. Mr. Davila is also a recognized angel investor and participates as a board member in 12 companies in a wide range of industries.
Mr. Solano has over 38 years of professional experience working as an independent board member for several Mexican and international companies. Mr. Solano holds a seat in CENCOR, ICBC and CONCREDITO’s Board of Directors.
Mr. Gutiérrez has over 34 years of experience working as a director and independent board member for several Mexican companies. Mr. Gutiérrez holds a seat in Qualitas, CENCOR and UNIFIN Board of Directors.
Mr. Rohm has over 22 years of experience working as an independent board member for several Mexican companies. Mr. Rohm holds a seat in Grupo Aeroportuario del Pacifico (GAP), and FIBRA Storage Board of Directors.
Mr. González has over 20 years of experience working as a board member for Kimberly Clark de México, S.A.B. de C.V., the Mexican subsidiary of American corporation Kimberly-Clark.
Mr. Gamero has been working in Finance for 26 years and has acted as CFO in several industries, such as: entertainment, retail, gaming, medical diagnosis and clinical analysis laboratories and private equity firms. He has also held a seat in BOD and Executive Committees for several companies. Mr. Gamero holds a CPA from Universidad de Guadalajara in Jalisco Mexico and an MBA from ITAM in Mexico City.