Banicol

Partners

Andrés Velasco

Andrés Velasco

Over 20 years of experience in both M&A and Financing transactions. Prior to joining BANICOL, Mr. Velasco was a Partner and Vice President at Inverlink S.A. M.B.A., Universidad de Los Andes; B.Sc. Industrial Engineering, Universidad de Los Andes

He has executed Investment Banking advisory services in several sectors, including: public transportation, power generation, utilities, ports, beverages, food, appliances, consumer, industry, logistics, aviation, road infrastructure, natural gas, among others.

M.B.A., Universidad de Los Andes; Industrial Engineer, Universidad de Los Andes

Experience

Selected Experience
in Mergers and Acquisitions

Sale of a 60.75% equity stake of Termocandelaria Power Limited
Sale of Bogotá Beer Company to AB InBev
Sale of Telefónica de Pereira to Millicom (USD 35 million)
Acquisition of Unimetro (USD 50 million)
Acquisition of TEBSA by Colombian pension funds and private equity funds (USD 123 million)
Acquisition of a minority equity stake in Grupo de Energía de Bogotá by Colombian pension funds (USD 200 million)
Sale of a 50% equity stake in Termocandelaria (USD 50 million)
Sale of two Nestlé Colombia brand to Colombina
Sale of Proenfar to Altra Investments
Sale of Meals de Colombia to Compañía Nacional de Chocolates (today Nutresa)
Acquisition of a majority equity stake in Promigás by Ashmore Energy International (USD 508 million)
Sale of Diebold Colombia
Sale of Compañía Eléctrica de Sochagota to Grupo Santo Domingo
Sale of Laminados Andinos to Diaco
Sale of Algarra to Grupo Gloria (Peru)

Selected Experience in Financing and Others

Advisory to Sotramac on a USD 80 million financing with Proparco, Financiera de Desarrollo Nacional (FDN), Scania and Bancóldex
Advisory to Transambiental on a USD 60 million financing with IFC
Advisory to Termocandelaria Power Limited on a USD 245 million financing
Advisory to Compañía Eléctrica de Sochagota on a USD 65 million refinancing
Advisory to Autopistas de Santander on a USD 100 million refinancing
Advisory to Organización Suma S.A.S. on a USD 90 million financing for the SITP (Sistema Integrado de Transporte Público) concession contract
Advisory to Avianca on USD 250 million corporate bond issuance
Advisory to the Pereira – La Victoria Road Concession on a USD 80 million corporate bond refinancing
Advisory to Compañía Eléctrica de Sochagota on a USD 93 million refinancing
Advisory on the financial structuring and financing of several mass transportation projects in Bogota, Cali, Pereira and Bucaramanga (USD 300 million)
Advisory to an international private equity fund on an acquisition financing for Centragas S.A. E.S.P. (Confidential)