MEP Sells its Stake in OPL Carga S.A.S.
MAS Equity Partners (“MEP”), the first private equity fund manager and leader in Colombia, is pleased to announce the sale of the stake of the MAS Colombia LatAm Fund in OPL Carga, leading company in transportation and logistics in the country.
This sale becomes the seventh successful exit of the firm, positioning MEP as the fund manager with the most number of exits in Colombia, and without capital losses (zero loss ratio).
OPL Carga was founded in 2006 and with the support of MEP it has managed to position itself as the number one transportation and logistics company in Colombia. During the Fund's investment period, the company made acquisitions which increased its market share in the transportation sector and allowed it to enter the refrigerated cargo segment. In these years, The Company has grown at a higher rate than that of the sector.
MEP generated value through its “Building Blocks” methodology, which was developed at three levels: i) the implementation of best corporate governance practices; ii) expense efficiencies, financial optimization and tax efficiency, and iii) support in inorganic growth through strategic acquisitions, diversifying the offer of services and entering more profitable segments; all of the above, increasing formal employment by 229 employees.