Squire Patton Boggs has advised leading global alternative investment firm, H.I.G. Capital, on the merger of its portfolio company Grupo Ransa, a leading third-party logistics (3PL) player in Latin America, with Transportes Centroamericanos del Futuro (TCF).
The Squire Patton Boggs team from the Madrid office advising H.I.G. Capital comprised Corporate partner Carlos Blanco, senior associate Javier Arenas, and associate Elena Ferrer.
Grupo Ransa currently operates in eight countries and 35 cities, offering an efficient and integral 3PL service to blue-chip clients and large multinationals in Latin America. TCF is a premier provider of land freight transportation, storage, and container repair services to major shipping lines across Central America, Colombia, and Mexico. TCF serves over 13 ports in the region and performs over 180,000 cargo movements per year among ports, distribution centers, and warehouses.
The Ransa and TCF merger creates a leading end-to-end logistics platform in Latin America, covering the entire logistics chain from the port to the warehouse and the end customer. The combined group will have over 9,200 employees in 10 countries in Latin America, operating from over 72 regional branches and serving 19 ports, operating 4 million sqm of storage space and a fleet of over 3,000 vehicles.