Paseo Carmelitas was sold to BYSPANIA
The “Paseo Carmelitas” shopping center is one of the most emblematic shopping centers of Asunción, with a focus on night entertainment The transaction consists in the sale of the shopping mall “Paseo Carmelitas” to BYSPANIA (Gestión Carmelitas S.A.), a Spanish investor, including the sale of rental contracts and the brand “Paseo Carmelitas” Alpax acted as the exclusive financial advisor to the shareholders of Paseo Carmelitas
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.