Client or Matter Name

  • Matter name: Project Rabbit
  • Client: Advent International Corporation

Deal Description

GC represented Advent International Corporation ("Advent"), in the concentration notice proceeding before the Antitrust Mexican Commission ("Cofece") for the acquisition of 65% of Neoris, a subsidiary of CEMEX constituted under the Netherlands laws, dedicated to Information Technologies (IT) services.

The transaction was authorized without any conditions in October 2022.

Innovation & Additional Comments

Thanks to the efforts of our Antitrust and Competition Team, we were able to avoid a Request of Additional Information despite there being overlaps between NEORIS and certain Advent portfolio companies. In addition, we obtained Cofece's authorization without any conditions.


  • Mexico

Governing Law

  • Mexican Antitrust Statute

Deal Duration, Date of Closing / Signing

  • October 2022

Practice Area

  • Antitrust and Competition

Team GC

  • Cristina Massa Sánchez – partner
  • Patricio Martínez Osorio – counsel
  • Daniel González Contreras – associate
  • Priscila Barba Rivas – law clerk