"The team at Portland Private Equity understands the property and casualty insurance business and the nuances of business building in Jamaica. They have proven to be deeply knowledgable and well connected investors and I view them as valuable mentors and constructive contributors on the board of directors."
Liberty Latin America completes acquisition of Cabletica
Denver
October 1, 2018
Highlights
- Liberty Latin America completes its first acquisition
Portland Caribbean Fund II portfolio company, Liberty Latin America, completed its first acquisition since spinning out from Liberty Global. Liberty Latin America is a leading telecommunications company with operations in Chile, Puerto Rico, the Caribbean and other parts of Latin America. In the transaction it took an 80% stake in Cabletica, a leading Costa Rican cable operator, at an enterprise value of approximately US$250 million.
Contact:
For more information visit www.portlandpe.com or contact Douglas Hewson at dhewson@portlandpe.com.
About Portland Private Equity:
Portland Private Equity is a private equity fund management company currently focused on private equity growth opportunities in the Caribbean, Central America, and Colombia through its management of the AIC Caribbean Fund and its successor, Portland Caribbean Fund II.