Investor Presentaiton
GP Investments
Selected Success Stories
Since 1994, GP has invested over $3 billion of capital in 48 companies in Brazil, generating returns above the
average of private equity in Latin America(1).
Case Studies
BRMALLS
equatorial
ENERGIA
Investment Date: October 2006
Investment Type: Consolidation
Investment Amount: $62.5 million
Before GP's acquisition, BRMALLS ranked 5th
in the shopping mall industry, having been
established in 1971. Less than 10 months
later, BRMALLS is already the largest
integrated shopping mall company in Brazil,
with a portfolio of 27 malls, and the largest
shopping mall service provider, managing and
leasing 38 malls.
2007 IPO: primary offering to finance the
company's growth strategy through
acquisitions
October 2007 Follow on: US$600mn to
finance company's consolidation strategy
► Multiple of Capital Invested: 1.1x (2)
Gross Internal Rate of Return ($): 5.1% (2)
Investment Date: April 2004
Investment Type: Restructuring
Investment Amount: $3 million
Equatorial is a holding that controls Cemar,
an electricity distributor serving over 1 million
people in the state of Maranhão
GP has gathered a new executive team,
restructured the administration and focused
on obtaining efficiency gains
EBITDA increased 3.7x from 2003 to 2006
2006 IPO: the company raised $85 million to
finance a consolidation project
► Multiple of Capital Invested: 34.1x
Gross Internal Rate of Return ($): 1,339%
(1) According to Cambridge Associates Global Private Equity Benchmarks (2) Considering fair market values as of December 31, 2008
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