RBB Salus Holdings Limited, portfolio company of newly incorporated investment fund RBB, L.P., successfully acquired controlling participation in Liderman, with the advisory of Debevoise & Plimpton LLP and Hernández & Cía. This, after the liquidation of the public tender offer of the shares of Azzaro Trading S.A., holding entity of the Liderman business.
As part of this tender offer, The Carlyle Group wholly divested its shareholding position in Liderman, equivalent to 88.75% of the shareholding of Azzaro Trading S.A., for an approximate amount of US$53’500,000.00. The Carlyle Group was also advised by Debevoise & Plimpton LLP and Hernández & Cía. The lead investor of the RBB, L.P investment fund was advised by Weil, Gotshal & Manges LLP and by Payet, Rey, Cauvi, Pérez Abogados.
Azzaro Trading S.A. is the holding entity of the Liderman business, leading private security service provider in Peru, with operations in Chile, Ecuador and the US.
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 Liderman represents an important investment in its portfolio.
This transaction involved advisory from leading foreign and local legal counsels as well as investment banks and responds.
LAWYERS INVOLVED:
Hernández & Cía. (The Carlyle Group)
Hernández & Cía (RBB L.P. – Buy side)