Fernando Eraña



Attorney with more than 15 years in the business of Law and Partner since January 2014. His practice focuses on M&A (with an emphasis in Private Equity & Venture Capital), Finance and Technology, attending to a wide portfolio of clients that includes investment funds, fintechs, non-bank financial institutions and public and private corporations. In 2007 he worked as a Foreign Associate in O’Melveny & Myers, LLP, in Los Angeles, California.

Experience

Mergers & Acquisitions

  • Represented Sterimed, a world leader in the medical packaging sector, in the acquisition of Especialistas en Esterilización y Envases, a Latin-American, Mexico based, major player in sterilization packaging and infection control solutions.

  • Represented Syntax Systems in the acquisition of Freudenberg IT Mexico (FIT), a global Cloud provider and Information Technologies service provider for upscale medium-sized enterprises.

  • Represented Vilebrequin in the acquisition of its exclusive distributor in Mexico.

  • Represented Bertram Capital in the Mexican portion of the global acquisition of Perennials & Sutherland, a leading company in the design and manufacture of acrylic fabric for indoors, outdoors and the elaboration of luxury outdoor furniture.

  • Represented Skyview Capital in the acquisition of the Mexican subsidiary of Conduent Incorporated (NYSE: CNDT).

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  • Represented Grupo Farmatodo in the negotiation of a joint-venture with Grupo Nadro and in its further acquisition by Grupo Nadro. Farmatodo is a pharmacy chain with strong presence in Puebla and the valley of Mexico around Mexico City. Grupo Nadro is the principle wholesale distributor of pharmaceutical products in Mexico.

  • Represented Trodat GbmH in the acquisition of its exclusive distributor in Mexico, Gizmo S.A. de C.V. Trodat is world market leader for self-inking stamps.

  • Represented the shareholders of ProEpta, S.A. de C.V. in the sale of the company to Bunzl (FTSE100 company, LON:BNZL).

  • Represented the shareholders of Grupo Servicoin, S.A. de C.V., in the sale of the company to ISS A/S.


Private Equity & Venture Capital

  • Currently represents Ideas y Capital as legal counsel in all its in-house and transactional matters, including equity and debt financing rounds in Deporprivé, Crowdfunder, Boletia, Dvdendo, Econduce, Nimblr; Amigo Travel Group and Turing Enterprises.

  • Represented Innohub México, a company builder focused on technology, in a growth investment from Banco Santander.

  • Represented Axon Partners in a growth investment in Mercadoni aimed at expanding its operations in Mexico.

  • Represented Redwood Ventures in several seed investments, including Ares Materiales and Billpocket.

  • Represented US investors specializing in technology solutions in a Series "A" financing round in favor of a Mexican company specializing in digital vouchers and electronic documents.

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  • Represented Bamboo Finance in several financing rounds in FINAE, S.A.P.I. de C.V., SOFOM, E.N.R. FINAE is a Mexican entity that awards education financing to students from low-income backgrounds. Bamboo Finance is a private equity fund with more than $250 million dollars of assets under management with a focus on low-income communities in emerging markets.

  • Represented the founders of L’Atelier du Chocolat in a growth investment by Kua.

  • Represented Ignia Fund in a growth investment in Transparencia Médica, a medical service provider for employees in the financial services sector in Monterrey, Nuevo León who do not have access to health insurance and in a growth investment in the Sumidero Project in Chiapas, Mexico.

  • Represented sponsors in the formation of several venture capital funds, including Supply Capital Trust II; Fideicomiso Indigo 1, FICAP; Fideicomiso Bridge 37, Ignia Fund I LP; Dux Capital and Cantera Capital.


Finance

  • Represented the US International Development Finance Corporation (formerly the Overseas Private Investment Corporation) in over $100 MM USD of asset-backed credit facilities during the last 10 years, including in favor of Bien Para Bien, Vehículos Líquidos Financieros (Velifin) (Bien para Bien and Velfin focused on financing SMEs); CSI Leasing Mexico (focused on financial leasing), Xtreme Cinemas (a chain of cinemas focused on medium-sized cities) and Bravo Energy (focused on recycling industrial oils). Underling assets include SME loans, equipment leases and receivables.

  • Represented California Bank & Trust in structuring a revolving credit facility to CDC, S.A. de C.V., a Mexican subsidiary of Caribbean Distillers Corporation Limited, secured with movable assets, real estate and trademarks related to Tequila Patrón.

  • Represented Black Canyon Capital in negotiating and structuring a secured credit facility for $ 20.0 million dollars in favor of Inmobiliaria Playa Ensueño, for financing a tourism development in Puerto Peñasco, Sonora. Black Canyon is a private equity fund focused on the acquisition of controlling and non-controlling equity interests and debt instruments.

  • Represented a Mexican public company in the acquisition of present and future loan portfolios with an approximate value of $650 million pesos.

  • Represented a Lender in the acquisition of 49% of the operations of a Mexican non-bank financial institution, documenting a $200 million pesos facility for the origination of future loans and an option to acquire 100% of Borrower.

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  • Represented a Lender to structure the collateral for a $50 million dollar secured credit facility in favor of a Borrower, a Mexican non-financial institution that provides consumer finance to unionized public servants. Repayment of loans is made via payroll deductions.


Startups

  • Currently represents Doopla, a peer-to-peer lending platform, in the authorization procedure to operate as a Financial Technology Institution.

  • Currently represents Lenmi, an online platform for employers to grant payroll credit to employees.

  • Represented Briq Fund in setting up a peer-to-peer platform for real estate financing.

Corporate & Reuglatory

  • Advice Moody’s Investors Service on in-house matters and securities compliance; including contractual negotiations for domestic ratings with private and sub-sovereign issuers.

  • Advice Dunross & Co S.A., SICAV-SIF, on securities regulation.

  • Corporate and contractual advice to several clients, including Club C+, Avid Technologies and Success Factors Mexico.

Education

Private Equity Executive Management Program.​​Instituto Panamericano de Alta Address de Empresas
Mexico City
2011 – 2012.

Masters in Law (LL.M).
Pritzker School of Law, Northwestern University
Chicago, IL
2004

Certificate in Business
Kellogg School of Management,
Northwestern University
Chicago, IL ​2004

Bachelors in Law
Universidad Panamericana
Mexico City
​2001

Publications

  • Collaborator; “Estudio sobre la industria de capital emprendedor en México,” AMEXCAP, INADEM, Centro de Investigación en Iniciativa Empresarial del IPADE and Ernst & Young, Mexico, 2015.

  • Collaborator; “Private Equity and Venture Capital, a Model for Entrepreneurs, Investors and Fund Managers,” Asociación Mexicana de Capital Privado, A.C., Mexico City, 2015.

  • Collaborator; Joint-Ventures in Mexico (Joint-Ventures, A Global Guide from Practical Law); Gianmatteo Nunziante of Nunziante Magrone; London, 2015.

  • Coauthor; Regulatory Reforms to Promote Private Equity Investment, “Mexico’s Top Law Firms” Special Supplement, Reforma Newspaper, Mexico City, 27 April 2015.

  • Coauthor; Private Equity Opportunities in the Mexcian Energy Sector; Transaction Advisors, 23 December 2014.

  • Collaborator; “Capital Emprendedor, Una Guía para Empresarios, Inversionistas y Administradores de Fondos” (“Venture Capital, A Guide for Entrepreneurs, Investors, and Fund Administrators”), Asociación Mexicana de Capital Privado, A.C., Mexico City, 2011.

Lectures

  • Entrepreneurship Business Diploma, Universidad Anáhuac Campus Sur, 2017.

  • Structuring private equity funds and private equity acquisitions, Programa de Alta Dirección en Capital Privado (ADECAP), Instituto Panamericano de Alta Dirección de Empresas (IPADE) in its Mexico City, Monterrey and Guadalajara chapters.

  • Creation and Financing of Startups, Masters in Internet Business, Instituto Superior para el Desarrollo de Internet, 2014.

  • Legal Aspects of Fund Structuring and Investments- Program for the Creation and Operation of Private Equity Funds, Universidad Anáhuac del Sur, from 2013 to 2018.

Awards

Chambers & Partners

"He understands the Mexican and international business ecosystem and therefore provides a comprehensive service to clients. He is also very well versed in corporate law." (Chambers & Partners, 2019).


"He is high speed and effective and adept at advising on corporate governance matters and M&A" (Chambers & Partners 2020);

Up & Coming by Chambers & Partners (2020 and 2019).


Latin Lawyer 250

'Eraña has a thorough and deep understanding of finance and banking, real estate and international investment practices. I also appreciate his prompt responses on each consultation, which really helps to accelerate our project' (LatinLawyer 250, 2019).


Best Attorneys in the practice of Private Equity Law (2019).


Highly Regarded (2019) and Rising Star (2017 and 2016) by IFLR1000.


Recommended Lawyer for Corporate Law and M&A by Legal 500 (2016, 2015 and 2014).