"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."
Tropical Battery Eyes an IPO
Jamaica
March 1, 2020
Highlights
- Tropical Battery intends to raise capital from the public markets
- Company has moved its head office to a new state of the art, environmentally conscious complex
Tropical Battery continues to develop its business with a new head office location, expanding product lines, and a plan to raise capital from the public markets. The new complex will become the battery distributors’ head office and sixth retail outlet, all of which support a network of over 1,000 dealers and distributors across Jamaica.
For more, see:
http://jamaica-gleaner.com/article/business/20200301/tropical-battery-eyeing-ipo-after-relocation
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.