Alta Growth Capital Backs Provider of Retail-Security Technology
Alta Growth Capital has invested in Mexican retail-security-technology company EAS Systems in one of the private-equity firm’s last deals from its current fund. EAS supplies retailers with technologies such as security cameras, sensors and labels to help prevent theft. The Mexico City-based company is present in Mexico, Colombia and several Central American countries. Alta acquired 100% of EAS’s equity from the company’s founders and operators, according to a news release. EAS is the eighth portfolio company in Alta’s second fund. Alta Growth Capital Mexico Fund II LP closed in 2014 at $152 million, above its $150 million target, said a person familiar with the matter. Alta wrapped up its first fund with $75 million in 2009. The Mexico City firm is expected to close the ninth and final deal from its second fund within a month, the person said…
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