Nexxus Capital invested US$17.75 million for a 30% stake and exited with an investment IRR of 72.9% and a cost multiple of 18.5x
- Company Headquarters: Mexico
- Business focus: Pharmaceuticals and consumer products
- Revenue: US$596 million in 2011
Impact Highlights
- Nexxus Capital helped Genomma Lab grow from a mid-sized company managed by a group of friends into a large, strategically focused and professionally managed public company
- Nexxus Capital supported Genomma Lab in becoming the first Mexican pharmaceutical company to list on Mexico’s stock exchange in 2008; since its IPO, Genomma Lab’s shares have appreciated over 350%
- Genomma Lab completed more than 20 acquisitions during its partnership with Nexxus Capital, expanding into 12 countries and achieving market share leadership in many of its target product categories
- With Nexxus Capital as a partner, Genomma Lab has received recognitions for its social responsibility and inclusiveness; the company has also been an active donor of relief funds and supplies when natural disasters have occurred in Mexico and Latin America