INNOVA-MEX's Bid for ENKONTROL
Posted: 1 Mar 2012
Date Written: January 25, 2012
In their second year, two Mexican HBS MBAs joined forces to start a search fund based in Mexico City. They had raised money to acquire an existing private company in Mexico with an initial enterprise value between $5 million and $15 million. Just seven months after raising the fund, they were about to close a deal on a target company, but the seller wants to renegotiate.
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