MEXICO CITY - March 11, 2024 – Global law firm Greenberg Traurig’s Latin America and Project & Infrastructure Finance practices advised MXT Holdings (MXT) and Mexico Infrastructure Partners (MIP) on a transaction that won the “Deal of the Year” award at the Infrastructure Investor Awards 2023: Latin America. In addition, this transaction is nominated for Latin Lawyer’s 2024 “Mergers & Acquisitions: Public Companies Deal of the Year.”
Greenberg Traurig participated as international – under New York and Dutch law – and Mexican counsel in the transaction, which had three interrelated components: (i) the sale of a 50% co-controlling interest in MXT Infrastructure Holdings, a Mexico-based telecommunications infrastructure company, to ARDIAN, a leading global private equity firm. This transaction was ARDIAN’s first investment in Mexico; (ii) MXT’s simultaneous acquisition of Centennial Towers, which increased its presence in the telecommunications tower sector; and (iii) the acquisition financing MXT arranged with a syndicate of banks to finance part of Centennial Towers.
The Greenberg Traurig team was led on the New York and Mexican law aspects by José Antonio Butrón, shareholder of the Latin America Practice and head of the Projects & Infrastructure Finance Practice in Mexico City, with the support of a team comprising Gabriela Palomino, shareholder of the Projects & Infrastructure Finance Practice, David Argueta, shareholder of the Banking and Finance Practice in Mexico City, and Luis Torres, associate of the Projects & Infrastructure Finance Practice. In addition, the team was supported by other key shareholders including Miguel Flores, Competition shareholder, and Jeroen den Dunnen and Jelmer Kalisvaart, Corporate and Mergers & Acquisitions shareholders in the Amsterdam office. Other team members included associate Valery Dayne García Zavala and law clerks Diana Cortés, Ana Ramírez and Francisco de Rosenzweig.