Andrey Dorado and his team advised Decameron in the sale of the 100% of the shares of Skyscraper City Limitada, a Costa Rican entity that owned the Aloft Hotel in San Jose, Costa Rica.
Andrey Dorado advised Snowflake in the acquisition of the shares and the carve-out of one of the business units of the seller. Our team participated in the due diligence process and advised on the transaction documents and agreements from a Costa Rican standpoint. Andrey´s team analysed the corporate implications of the different corporate structures proposed for the acquisition of the shares in Costa Rica and advised the carve-out of one of the business units of the seller.
Andrey Dorado and his team in Arias Costa RIca and Arias Panama assisted TWO with the due diligence process, the closing documents from a local law perspective, and assessing whether a merger control filing was required. Arias was in charge of consolidating the Costa Rican and Panamanian due diligence. This deal consisted of a business combination agreement between TWO as a special purpose acquisition company (SPAC) and Latam Logistics Properties with a valuation of approximately $578 million. Latam Logistic Properties is engaged in the development, acquisition, and operation of industrial real estate assets with 28 facilities in Costa Rica, Peru, and Colombia. Upon closing the combined company is expected to go public in the New York Stock Exchange.
Univar Solutions Inc. is a global chemical and ingredients distributor interested in acquiring regional Chemical company Chemsol. Chemsol's main companies are located in Panama and have affiliates in Costa Rica, El Salvador, Guatemala, and Honduras. Andrey Dorado was the key point of contact, coordinating due diligence efforts and streamlining the pre-closing stage for both parties throughout our Central American offices. Andrey Dorado assisted the buyer with identifying risks and coordinating corporate, labour, and tax matters essential to the transaction. Our team also advised the buyer with antitrust assessments. The deal consists of a share purchase of the entire company, including the affiliate target companies
Arias advised EnfraGen, a developer and owner of renewable energy infrastructure, in the financing for the acquisition in Costa Rica of their first wind power asset. In addition, EnfraGen acquired renewable operating assets in Panama and executed a refinancing of a 2020 facility, which also meant a restructure for the Costa Rican entities. The deal included the structuring of local financing documents, including the preservation of the existing trust structure created to secure the target’s bond issuance, the repayment of that bond issuance and repurposing of the trust for the new project financing. Several departments of the firm were involved, including the M&A department, led by Andrey Dorado , and public law department, to review obligations under the existing PPA.
