Alta Growth Capital (“AGC”), a leading private equity firm focused on growth investing in Latin America, joined a group of investors, including Stella Maris Partners, and Credit Suisse’s Mexico Credit Opportunities Fund, among others, to invest in Lottus Education (“Lottus”).

Lottus is a leading platform of higher education in Mexico. Through active strategic and operational support, Lottus implements a student-centric value proposition, and accelerates the growth and development of its network of schools and institutions through organic and inorganic initiatives. Lottus offers education services to more than 40,000 students through two operating brands: Universidad Latinoamericana (“ULA”) and Universidad Tres Culturas (“UTC”).

Read more at: AMEXCAP

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…

Read more at WSJ PRO

Fruehauf de México is reporting its production for the first time. The Fruehauf plant in the suburbs north of Mexico City built 2,128 truck-trailers, a ten percent increase over 2016 output of 1,941 trailers. The largest share of these are dry freight vans, but Fruehauf builds a full range of trailers including flatbeds and drop-deck platforms, curtain-siders, dump trailers, liquid tank trailers, dry bulk pneumatic hoppers and extendable container chassis.

Fruehauf de México was the last Fruehauf plant operating in North America in 2014. It was acquired in 2015 by Alta Growth Capital private equity firm. Scott McDonough, chairman of the Fruehauf de Mexico board of directors, says this plant has been the dominant manufacturer of truck-trailers in Mexico for the last 50 years.

The plant has been in the same location but greatly expanded through those 50 years. Fruehauf International did a major upgrade in 1992, tripling plant size and getting it ready for NAFTA traffic and new size-weight restrictions.

Now a new management team headed by Carlos Porragas, chief executive officer, is upgrading the plant and product line to meet new North American standards. The new Fruehauf 53-ft composite dry van was the first to be redesigned, to be followed by the aluminum and steel platform line.

The Fruehauf de México plant is located at Kilometer 28.5 on the Via Jose Lopez Portillo 131, Col. La Magdalena, Coacalco, Estado de Mexico, C.P. 557000.

(h/t: trailer-bodybuilders.com)

Con motivo del Día Mundial del Perro, la tienda +KOTA también celebra los nueve años de su programa +Adopta, con el que busca hogar a los canes sin importar en qué parte de México se ubiquen.

Según un comunicado, la tienda y organizaciones asociadas han dado en adopción a casi siete mil cachorros y los primeros fueron ‘Homero’ y ‘Ana Cleta’, de razas San Bernardo y Cocker Spaniel, respectivamente.

El 28 de julio darán en adopción al perro número siete mil, para lo que también preparan conferencias y diversas actividades.

Leer más en: El Financiero

Más de 100 años después de que August Fruehauf, oriundo de Michigan, inventara el semi-remolque “motorizado” en Detroit, él y sus más de 2.000 innovaciones de ingeniería serán reconocidos por fundar una industria que hasta el día de hoy ha tenido un gran impacto en el comercio mundial.

De esta forma, Fruehauf se une a los casi 800 hombres y mujeres de todo el mundo que han sido honrados por sus destacados logros automotrices desde 1939, convirtiéndose en parte del Salón de la Fama del Automóvil 2017.

Las innovaciones que Fruehauf aportó al medio automotriz mundial incluyen, ascensores hidráulicos, remolques frigoríficos, remolques de plataforma plana, remolques de aluminio y acero inoxidable, semirremolques basculantes, transporte de contenedores y remolques de bajo nivel, así como 125 remolques patentados y productos para el Departamento de Defensa de Estados Unidos.

Ver más en: motorpassion

Con esta inauguración, Extended Suites suma a su cadena un total de seis hoteles en todo México, siendo este el segundo en Baja California al sumarse al también recién inaugurado en la ciudad de Mexicali.

Con 123 amplias habitaciones con todos los servicios, desde cocina integrada, servicio de lavandería, gimnasio y alberca, el hotel es una muestra del concepto especializado que vienen manejando en sus distintas ubicaciones a lo largo de México.

Ver más en: San Diego Red