Mesoamerica and Evolve Management Company announce alliance for sustainable investments in Latin America
Bogota and Mexico City. November 2021.
Mesoamerica and Evolve have announced a strategic alliance to jointly promote circular economy infrastructure investments across all Latin America, as well as to effectively structure projects and provide advisory services in this sector.
The partnership will leverage Evolve’s extensive experience in structuring high-impact infrastructure projects and more than 9 years of advising both Mexican and International clients in Mexico. Mesoamerica will contribute its proven track record building purpose-driven companies designed to transform sectors such as telecom, renewable power, and digital connectivity, across Spanish-speaking Latin America.
Latin American markets need to mobilize over US$150 billion a year over the next 10 years in high-impact infrastructure projects, in order to ignite growth, improve livelihoods, regenerate ecosystems, and align our development model to the global climate change agenda. Mesoamerica and Evolve aspire to be a key ally to founders, developers, and strategic operators in order to mobilize capital, structure, and fund purpose-driven companies, in order to positively impact three priority systems: Circular Economy, Energy Transition, and Digital Connectivity.
Luis Javier Castro, Managing Director and President of Mesoamerica said: “We are pleased to partner with Evolve in our shared purpose to be a platform to attract capital to improve infrastructure throughout Latin America. Private capital must play a major role in closing the gap on the region’s infrastructure needs to achieve its goals towards climate change, reduction of inequality, and improved productivity, and we look forward for this alliance to become a catalyst for these purposes”.
Bernardo Duarte, Founder and Managing Partner of Evolve Management Company said: “We are excited to formalize our partnership with a key strategic player in the LATAM Region like Mesoamerica. After many years of seeking to expand into Central and South America, we are honored to be able to do so with a frontier manager with hands-on proven experience but most of all, with a shared view of creating sustainable, long-term development platforms to grow resilient infrastructure projects in the Region”.
About Mesoamerica
Mesoamerica is a private equity and advisory firm with offices in Costa Rica and Colombia. The firm invests in transformational industries in Latin America, with an emphasis in Mexico, Central America, and the Andean Region. Since 1996, Mesoamerica has invested in multiple industries, including telecom, cable, food service, consumer goods, construction, renewable energy, and BPO, among others. Committed to the development of the region, Mesoamerica aims to build companies and develop projects with purpose and impact at the center, with a view to creating value with our partners with a long-term view.
More about Mesoamerica: www.mesoamerica.com
About Evolve Management Company
Evolve Management Company is an investment bank and advisory firm based in Mexico City focused on structuring Sustainable Infrastructure landmark projects in Mexico and Latin America. Evolve plays different roles depending on the requirements of the projects the company engages in; from investment bankers, structuring and raising from seed capital to senior debt with both local and international institutions, to having a co-developer role in early-stage opportunities. Since 2013, Evolve Management has been involved in three main sectors: Energy & Infrastructure, Waste-to-Energy, and Mobility & Transport.
More about Evolve: www.evolvemanagement.mx
Contact: contact@evolvemanagement.mx
Download press release here or look at the public announcement here.