Firm / Organisation

Basila Abogados

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This content is provided by Basila Abogados.

Managing Partner: 1
Senior Partner: 1
Number of partners: 2
Number of other lawyers: 4

Contacts:
Mauricio Basila, Partner
Fernando Serrallonga, Partner

Firm Overview:
The specialisation and leadership of the firm in financial areas, including a consolidated practice in private equity, and capital markets, allows its members to offer their clients a competitive advantage by structuring innovative and alternative sources to finance projects.

The firm shares the vision of its clients in finding new opportunities, offering its knowledge and ground-breaking approach in order to create and implement new instruments for the development of businesses, through all of its stages.

The firm offers its clients a personalised service, with high responsiveness and absolute approachability, prompt replies to its clients’ requests and affordable costs, resulting in an altogether rewarding service.

Main Areas Of Practice:

Capital Markets: 80%
Corporate/M&A: 20%

The firm specialises in the following practice areas:
■ Private Equity & Venture Capital
■ Capital Markets & Securities Transactions
■ Banking & Securities Regulation
■ Mergers & Acquisitions
■ Real Estate Projects Financing
■ Regulation of Financial Services
■ Structured Finance
■ Corporate Financing
■ Corporate Governance
■ Foreign Investment

Capital Markets & Private Equity:
Basila Abogados has broad experience in advising foreign and Mexican clients, in the incorporation of the most suitable vehicle for private equity funds operating in Mexico, as well as through the process of investment and disbursement of portfolio companies in several industries, such as: transportation by land or air, pharmaceutical, real estate, hospital, entertainment, education, among others. The members of the firm have broad experience advising clients in the issuance of debt and capital placements, including private placements.

The firm also has experience in the structuring of new financial instruments and securities, such as Equity Development Certificates (CKD’s), to raise private equity funds, for the financing of companies and real estate projects.

The firm pioneered the development of CKD’s in Mexico, collaborating directly with the CNBV and the BMV in the creation of such vehicle and the issuance of regulation for its structure.

In the past year, the firm has successfully represented:
■ Discovery Americas in the closing of its co-investment fund, raising $3,900 million pesos through the public offering of CKD’s
■ Vector in the closing of its fund, raising $2,000 million pesos, through the public offering of CKD’s;
■ Mercader Financial in the issuance of trust bonds backed by diverse type of credits

Currently, the firm is working with Discovery Americas and Wamex to obtain the authorisation to a private equity fund so that it’s partnership interests be considered object for institutional investment.

Corporate/M&A:
The firm has a broad experience in representing national and international clients in initiating businesses in Mexico, advising in the incorporation and operation of new companies in Mexico, as well as negotiating and representing clients in several mergers and acquisitions of local and foreign companies. The members of the firm have broad experience in the drafting and negotiation of domestic and international contracts, including investment agreements, sales purchase agreements, shareholders’ agreements, debt restructuring agreements, trust agreements, among others.
Partners at the firm serve as Secretary of the Board for several private companies, managing their corporate governance.
The firm has experience in advising foreign and Mexican clients in the participation of foreign in- vestment entities in regulated companies, as well as obtaining neutral investment authorisations from the General Direction of Foreign Investment of the Ministry of Economy.

In the past year, the firm has successfully represented:
■ Discovery Americas and The Abraaj Group in several mergers and acquisitions of portfolio companies, as well as in various corporate matters of such portfolio companies.
■ Discovery Americas and EMX Capital in the investment of foreign participants in regulated companies.

International Work:
Mauricio Basila has acted as expert witness in high profile cases before US courts.

The firm was engaged by the Inter-American Development Bank (IDB) in order to analyse the existing model for the institutional management of Financial Fund for the Development of Cuenca del Plata (FONPLATA) and develop a new model with improved and renovated structures in order to devise a more efficient operation.

Fernando Serrallonga is active in the area of CKDs and Certificados de Proyectos de Inversión (CERPIs) and is also experienced in working with hedge funds. He advises on CKD and CERPI issuances, and provides further expertise in securitisations.

Languages: English, Spanish

Clients:
ALLVP Venture Partners; Angel Ventures; Dalus Capital; Da Vinci Capital; Discovery Americas; Fondo de Fondos; EMX Capital; COVAF; Financiera Labor; Deloitte México; Ideas y Capital; Galileo Investment Management; Mercader Financial; Tierra y Armonía; Soliq; StepStone; Vector and Wamex.