HUB Hotel a 50% equity stake was sold to Mssrs. Víctor and Rafael Gill Ramirez
The transaction involves a strategic Joint-Venture between the Vuckovich Samaniego Family and Messrs. Víctor & Rafael Gill Ramirez in the hospitality sector in Paraguay Through this transaction, Messrs. Víctor & Rafael Gill Ramirez acquired 50% of the shares of Laguna Sola, the company that owned the Hotel “HUB” Asunción. Located in the heart of the Barrio Villa Morra in Asunción, the Hotel “HUB” is a modern hotel, both corporate and contemporary, operating 119 rooms in 12 floors. Alpax acted as exclusive financial advisor to the Vuckovich Samaniego Family.
Mssrs. Víctor and Rafael Gill Ramirez
Alpax is an independent investment bank that provides financial advice on mergers, acquisitions and fundraising in Latin America. The firm was founded in 2003 and has closed more than 120 transactions in M&A and Fundraising (in excess of US$4,000 million). Their added value is based on the international experience of their executives, local presence, a network of offices in five countries and a detailed knowledge of the sectors and industries in which they participate. Alpax is headquartered in Miami and currently has local offices in Bogota, Quito, Buenos Aires and Asuncion. Two additional offices will open in June 2015.