RBB Andes Holdings Limited, portfolio company of newly incorporated investment fund RBB, L.P., successfully acquired controlling participation of approximately 80% of the shareholding of Inca Rail, through an over the counter transaction in the Lima Stock Exchange. RBB was advised by Debevoise & Plimpton LLP and Hernández & Cía.
By this transaction, The Carlyle Group wholly divested its shareholding position in Inca Rail S.A., of approximately 80% of tha latter’s shareholding participation, under the advisory of Debevoise & Plimpton LLP and Payet, Rey, Cauvi, Pérez Abogados. The lead investor of the RBB L.P. investment fund was advised by Weil, Gotshal & Manges LLP and by Hernández & Cía.
Inca Rail S.A. is a leading passenger operator in Peru of the Macchu Picchu route.
The recently incorporated RBB L.P. investment fund shows its commitment to invest in high quality businesses in Latin America and the acquisition of the controlling participation in Inca Rail S.A. represents an important investment in its portfolio.
This transaction involved advisory from leading foreign and local legal counsels as well as investment banks.
LAWYERS INVOLVED:
Hernández & Cía. (RBB, L.P. – buyer investment fund)
Hernández & Cía (Lead Investor of RBB, L.P)
