ES
Pacific port at dusk, with cranes and a container ship

Independent sponsor

Private equity, one company at a time

The gateway to Mexico's middle market. We source and structure acquisitions with a top-tier operator at the helm; each investor decides which company to back.

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Market

Why Mexico's middle market

A solid segment, with a track record and room to grow.

  • Container terminal at night, with warehouses and freight traffic 01

    Backbone of the economy

    Companies that sustain jobs, production and supply chains in their regions.
  • Three people walk through a manufacturing plant from a mezzanine 02

    Proven businesses

    Profitable companies with years of operation, stable clients and experienced teams.
  • Working meeting in a boardroom overlooking the city 03

    A new chapter

    Many family businesses are preparing their succession or their next stage of growth, and look for a partner to carry their legacy forward.

For investors

Porto Capital handles the upfront work, end to end

What used to fall on the investor now arrives done.

Before

What the investor used to do

  • Scouting the market
  • Analyzing opportunities
  • Finding an operator
  • Negotiating with sellers
  • Running diligence from scratch
  • Lining up co-investment and debt

absorbs the upfront work

With Porto Capital

What the investor receives

  • Market mapped and prioritized

    Companies identified and ranked against the thesis.

  • Detailed analysis

    Thesis, model and risks of the company.

  • Top-tier operator

    Selected and brought in as a partner.

  • Aligned valuation

    Price and terms negotiated with the seller.

  • Advanced preliminary diligence

    Initial internal review; full diligence pre-scoped.

  • Equity and debt structure

    Co-investment and financing aligned to the deal.

Every deal arrives ready for an investment decision.

How we work

From sourcing to value creation

First the company and the operator; then each investor decides.

  1. 01We source
  2. 02We bring in the operator
  3. 03We structure and negotiate
  4. 04We raise equity and debt
  5. 05We lead the closing
  6. 06We create value

No capital upfront: each investor decides on a specific company.

Before investing, every company goes through financial, legal and tax diligence.

Aligned interests

Aligned interests in every acquisition

Porto Capital, the operator and investors each play a defined role.

InvestorsequityPorto Capitalindependent sponsorDeal vehicleAcquired companyOperatormanagementBanks and fundsdebt
ContributesReceives
InvestorEquity in the deal they chooseDividends, exit proceeds and regular reporting
Porto CapitalSourcing, structuring and ongoing supportFees and a share of the profits
OperatorDay-to-day management of the companyMarket salary and long-term incentive

Porto Capital reinvests part of its fees as equity in the same company.

Illustrative. Terms and incentives are negotiated deal by deal; each investor decides whether to participate and how much.

Value creation

We support value creation with the operator at the helm

The operator drives growth and efficiency; Porto Capital adds its own levers.

Illustrative chart

From the company at closing to value created

Company at closingStarting pointGrowth and efficiencyOperatorGrowth and efficiencyPorto CapitalValue createdIllustrativeStarting pointOperatorPorto Capital

Swipe to see the full chart.

Operator

Growth and efficiency

Executes the company's business plan.

Metric: EBITDA

Porto Capital

Additional growth and efficiency

Porto's own levers that complement the operator's plan.

Metric: targets in each company's plan

The operator leads.Porto Capital supports with governance, budgeting and reporting.

Growth and efficiency targets are set in each company's plan.

Investment focus

Mid-sized companies with room to grow

We invest in profitable, proven Mexican businesses in sectors with long-term growth. We share the full thesis in conversation.

01

Established companies

Profitable, proven businesses ready for a new chapter with an operator at the helm.

02

Recurring demand

Products or services their customers need on an ongoing basis.

03

Long-term growth

Sectors driven by structural trends in the Mexican economy.

Team

Partners with experience in investing, financing and infrastructure

Backgrounds in investment funds, search funds, project development and financial strategy.

Portrait of Ignacio Lizárraga, managing partner at Porto Capital

Ignacio Lizárraga

Managing partner

BlackRock
Infrastructure private equity for Latin America
Bechtel
Project development and finance for Latin America
Bravo Capital Partners
Private equity fund with 1,000+ companies analyzed; broad seller network in the middle market
Education
Economics, ITAM · MBA, Chicago Booth

Juan Pablo Martí

Managing partner

Bain & Company
Consultant in the private equity group
AB InBev
Long-term financial strategy for Middle Americas
Alpura
Head of strategy and M&A
Education
Civil engineering, UNAM · MBA, Chicago Booth

Contact

Let's talk

Let's set up 20 minutes to meet and walk through the thesis.

Juan Pablo Martí · Managing partner
[email protected]
Ignacio Lizárraga · Managing partner
[email protected]
Office
Av. Pdte. Masaryk 29, Polanco, 11560, Mexico City
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