OMG is pleased to announce its role as lead counsel in a significant dual-aspect transaction for ALERE Advisors, an asset management and advisory firm related to INICIA. This transaction, which involved both financing and mergers and acquisitions (M&A), marks a critical step in ALERE Advisors' continued expansion within the food and beverage sector in Northern Latin America.

Financing Transaction: Strategic Refinancing and Acquisition

On July 31, 2024, ALERE Advisors successfully closed a complex financing transaction with the assistance of OMG. The financing, secured from Bancolombia SA and The Bank of Nova Scotia, was used to refinance an existing facility and acquire a minority stake in QBCo SAS, a leading player in Colombia's food and beverage sector. The transaction covered multiple jurisdictions, including New York, Colombia, the British Virgin Islands (BVI), Panama, and the Dominican Republic.

Our team at OMG, led by Partner Gloria Gassó and supported by Senior Associate Alexander Troncoso, provided comprehensive legal guidance throughout the process, ensuring that the transaction was executed smoothly and efficiently.

M&A Transaction: Expanding Influence in the Colombian Market

OMG advised ALERE Advisors on the acquisition of a minority stake in QBCo SAS, a prominent food and beverage conglomerate in Colombia. The M&A Transaction, which closed on August 1, 2024, following closing of the financing, reinforces ALERE  Advisors' strategic position in the Colombian market, allowing them to capitalize on QBCo's extensive expertise and leadership in the production of private label brands.

The M&A legal team included Partners Esperanza Cabral and Gloria Gassó, along with Senior Associate Alexander Troncoso. Their combined expertise ensured that all legal aspects of the acquisition were meticulously managed, positioning ALERE Advisors for continued growth.

About ALERE Advisors and QBCo SAS

ALERE Advisors, related to INICIA, specializes in the food, beverage, and retail sectors, with a strong focus on the Northern Latin American region. The firm's recent activities reflect its dedication to expanding its market footprint and enhancing its influence in the industry.

QBCo SAS, with over 60 years of experience, is a leader in Colombia's food and beverage industry. The company's focus on large-scale development and production of private label brands has solidified its position as a key player in the market.

Conclusion

The successful completion of these transactions underscores OMG's expertise in handling complex, multi-jurisdictional deals. We are proud to have supported ALERE Advisors in their strategic growth initiatives and look forward to continuing our partnership as they navigate the evolving landscape of the food and beverage industry.