BANICOL : Investment Banking

Partners

Andrés Velasco

Andrés Velasco

Andres Velasco has more than 24 years of experience in mergers and acquisitions and financial transactions. Prior to joining BANICOL, he was Partner and Vice President of Inverlink S.A.

He has executed investment banking advisory deals in various sectors, including: public transportation, power generation, utilities, ports, beverages, food, household appliances, consumer goods, industrial, 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 60.75% of Termocandelaria Power Limited
Sale of 100% of Bogota Beer Company to AB InBev
Sale of 100% of Telefónica de Pereira to Millicom (USD 35 million)
Acquisition of Unimetro (USD 50 million)
Advisory to a group of Colombian pension funds and a private equity fund on the acquisition of TEBSA (USD 123 million).
Acquisition of a minority stake in Grupo de Energía de Bogotá by Colombian pension funds (US$200 million)
Sale of 50% of Termocandelaria (USD 50 million)
Sale of two Nestlé Colombia brands to Colombina.
Sale of 100% of Proenfar to Altra Investments
Sale of 100% of Meals de Colombia to Compañía Nacional de Chocolates (now Nutresa).
Acquisition of a majority stake in Promigás by Ashmore Energy International (USD 508 million).
Sale of 100% of Diebold Colombia
Sale of Compañía Eléctrica de Sochagota to Grupo Santo Domingo.
Sale of Andean Laminates to Diaco
Sale of Algarra to Gloria Group (Peru)

Selected Experience in Financing and Others

Financing of Sotramac S.A.S. for USD 80 million with Proparco (French Development Agency), Financiera de Desarrollo Nacional (FDN), Scania and Bancóldex.
Financing of Transambiental S.A.S. for USD 60 million with International Finance Corporation (IFC).
Refinancing of Termocandelaria Power Limited (Termocandelaria and Termobarranquilla) for US$ 120 million
USD 65 million refinancing of Sochagota Electric Power Company
Refinancing of Autopistas de Santander for USD 100 million
Financing of Organización Suma (SITP) for US$ 90 million
Corporate bond issuance of Avianca for USD 250 million.
Refinancing of corporate bonds of the highway concession Pereira - La Victoria for USD 80 million.
Refinancing of Sochagota Electric Power Company for USD 93 million
Financial structuring and financing of several mass transportation projects in Bogotá, Cali, Pereira and Bucaramanga for USD 300 million.
Financing to an international private equity fund on the acquisition of Centragas S.A. E.S.P.