Baar-Zug, Switzerland, August 11, 2022
Blue Earth Capital (“BlueEarth”) has committed USD 10 million to Grupo Olinx, SAPI de CV, SOFOM, ENR (“CAPEM” or “Company”) through a co-investment in a dedicated SPV managed by Accial Capital Management (“Accial”). CAPEM is a non-bank financial institution that provides secured and unsecured term loans, revolving loans and leases to SMEs in Mexico. The company operates primarily in the Bajío region of Mexico, which remains less penetrated by financial institutions than other areas in the country.
CAPEM acts as a partner to 113 small and mid-sized local businesses by offering financing and strategic consulting services to through its program called Smart Money, led via a dedicated in-house team that provides advice and implements strategic projects, such as financial management, corporate governance, legal, and HR initiatives.
Most clients served have received their first formal financing from CAPEM, enabling them to grow their businesses, improve their creditworthiness, and often access more attractive borrowing terms. Furthermore, the clients become less vulnerable to external shocks and have greater liquidity to sustain their operations.
Amy Wang, Head of Private Debt of Blue Earth Capital, comments: “We are very excited to partner with CAPEM since we recognize the great difference that its products make in its clients and the families supported by these. We look forward to supporting CAPEM’s goal of reaching more SMEs and further implementing institutionalization best practices projects with its borrowers”.
Rodrigo Correa, CEO of CAPEM, comments: “At CAPEM, we are committed to supporting SMEs, making them more successful and perpetuating them over time; thanks to this transaction with Blue Earth Capital we are closer to achieving this goal”.
Founded in 2015 and headquartered in Guadalajara, Jalisco, CAPEM is a non-bank financial institution engaged in providing loans and leases to SMEs in Mexico. The company is led by seasoned professionals with broad expertise in the region, who understand the local dynamics and seek to partner with its clients. Evidenced by the types of loans and leases provided, and strong partnerships through in-house developed Smart Money program.
About Blue Earth Capital
Blue Earth Capital AG is a global impact investment firm headquartered in Switzerland, with operations in New York and London. Blue Earth Capital seeks to invest in businesses that address pressing environmental and social challenges, whilst generating market-rate financial returns. Initiated in 2015 by Urs Wietlisbach, one of the founders of Partners Group, and backed by the Ursimone Wietlisbach Foundation.
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