Middlemarch Secures $100M Investment for Mutuo Financiera from Crayhill Capital

Mutuo Financiera Closes USD 100 Million Financing Facility Provided by Crayhill Capital Management

Mexico City, Mexico, August 14, 2019Mutuo Financiera, a vehicle fleet leasing company focused on clean energy passenger transportation in Mexico, today announced that it has closed on a senior secured credit facility provided by Crayhill Capital Management (“Crayhill”), a New York-based private credit manager and asset-based lender.

The credit facility, which has a capacity of up to $100 million, will be used for the acquisition of new compressed natural-gas vehicles to be leased to commercial and passenger transportation fleets across Mexico. The Mexican transport market is rapidly transitioning to cleaner fuels, driven by government directives and economically favorable solutions for lessees.

“Mutuo’s edge in the Mexican market comes from its ability to construct use-based payment leases that fit the operating profiles of fleet operators and its digitally enabled customer service platform,” stated Antonio Diego González-Karg, Chief Executive Officer of Mutuo. “We are excited about this new partnership with Crayhill which will allow us to continue achieving our goals of delivering and scaling a better automated fleet management solution and customized leasing products for the benefit of our customers.”

Demetris Papademetriou, Board Member of Mutuo and Partner at Middlemarch Partners, a NY-based Merchant Banking firm that helps develop Mutuo’s growth and capital strategy, said, “As investors and advisors to energy-related shared savings products, we recognized a unique opportunity to finance the growth of a dynamic sector for Mutuo.”

Mutuo plans to grow aggressively throughout Mexico to improve the way passenger transportation is managed around the country and help transition to more efficient sources of energy, better urban mobility, and access to remote financial services.

About Mutuo Financiera

Mutuo Financiera, a Mexican fintech company, is a financial institution that leverages AI and other technological tools to offer productive credit with an innovative approach. Mutuo facilitates access into the financial sector to the small and medium-sized enterprises, in order to enable their businesses growth. Mutuo promotes the use of cleaner and cost-efficient energies, such as Compressed Natural Gas (CNG), a type of fuel that has demonstrated a 20-30% reduction in carbon monoxide and an 80% reduction in nitrous oxide emissions, thus reducing global warming. For more information, visit www.mutuofinanciera.com or email sgazca@mutuofinanciera.com.

About Crayhill Capital Management

Crayhill Capital Management LP is a New York-based alternative asset management firm that specializes in asset-based, private credit opportunities. The firm was launched in August 2015 and is registered with the U.S. SEC as an investment adviser. Crayhill strives to deliver capital solutions through tailored financing structures. Its asset-based investment strategies draw on deep sector expertise and relationships throughout the structured finance and specialty finance markets. For more information, please visit www.crayhill.com or email info@crayhill.com.


About Middlemarch Partners

Middlemarch Partners is a New York-based merchant bank. The firm has two operating divisions. Middlemarch Securities LLC is a FINRA-registered broker-dealer that assists companies with capital raises, and M&A advisory services and is focused on alternative finance, payments, financial technology and business services sectors where companies require sophisticated equity and debt investment solutions ranging from $25 – $500 million. Middlemarch Capital Partners is a registered investment advisor that designs special purpose investment vehicles that deploy investment capital in venture and growth capital transactions ranging from $5 to $20 million. Its Limited Partners are institutional investors and accredited individual investors. The firm can serve as an independent sponsor of transactions but frequently co-invests in transactions alongside blue-chip lead sponsors that are sourced by Middlemarch Securities. For more information about Middlemarch Partners LLC, please visit www.middlemarchllc.com.

Middlemarch Partners Expands its Geographic Reach and Adds New Partners

Merchant banking firm builds out global footprint in response to growth in international advisory and investment business

July 17, 2019 (New York, NY)Middlemarch Partners, a New York-based merchant banking firm, is pleased to announce it has expanded its team of experienced financial and business services professionals with the appointment of Andrew Marquardt and Alex Kim as Partners.

Over the past three years, Middlemarch has completed in excess of $140M of transactions in financial services-related companies as either an advisor or investor across Europe, Latin America, and the Middle East. The decision to add additional partners supports the firm’s global expansion to meet demand created by the rapid growth in its international advisory and principal investment business. 

“Our firm’s focus on tech-enabled financial and business services has allowed us to develop vertical expertise for companies globally. Given our successful track record supporting U.S.-based financial and business services clients source debt and equity, non-U.S. companies have sought out our counsel to help secure global capital to help them expand within their markets, which we have done successfully. Additionally, both institutional and family office investors in Europe and Asia have also shown interest in U.S. investments, and we have been successful in introducing them to our transactions,” said Demetris Papademetriou, a co-founder of Middlemarch Capital Partners.

As a Partner at Middlemarch, Mr. Kim will lead the firm’s efforts in Asia, with a focus on sourcing both companies seeking merchant banking advisory services and investors for Middlemarch clients. He will leverage his long-standing relationships with leading institutions and emerging growth companies that will benefit from an association with Middlemarch Partners. Mr. Kim’s prior experiences include strategic consulting firm McKinsey & Company, venture capital firm First Analysis Venture Capital, and investment bank DLJ.

Mr. Marquardt joins Middlemarch with a focus on fintech and technology-enabled financial services. He brings deep expertise working with leading financial institutions on issues of business strategy, balance sheet matters, risk, and M&A. Mr. Marquardt has over 20 years’ experience across corporate advisory, equity research, and regulation focused on financial services ranging from global universal banking institutions to early-stage/venture and growth/private equity stage fintech companies. Prior to joining Middlemarch, he held senior leadership positions at BlackRock and Evercore Partners. 

“We are delighted to have Andrew and Alex join our team as partners. Andrew’s extensive experience and understanding of how financial services firms are evolving and where fintech companies can deliver the greatest impact, both in the U.S. and abroad, will enhance Middlemarch’s deep domain expertise,” said Sasha Grutman, a co-founder of Middlemarch Partners. “We have confidence in Alex’s experience as a banker, venture investor, and strategic advisor to investors and fast-growing companies in Asia. Our association with him is already paying off with new client engagements and increased contact with the family office and institutional investor community in Asia.”

ABOUT MIDDLEMARCH PARTNERS

Middlemarch Partners is a New York-based merchant bank. The firm has two operating divisions. Middlemarch Securities LLC is a FINRA-registered broker dealer that assists companies with capital raises and M&A advisory services and is focused on alternative finance, payments, financial technology and business services sectors where companies require sophisticated equity and debt investment solutions ranging from $25 – $500 million. Middlemarch Capital Partners is a registered investment advisor that designs special purpose investment vehicles that deploy investment capital in venture and growth capital transactions ranging from $5 to $20 million. The firm sources capital from institutional investors, family offices, and accredited high net worth individuals. Middlemarch can serve as an independent sponsor of transactions but frequently co-invests alongside blue-chip lead sponsors that are sourced by Middlemarch Securities. For more information about Middlemarch Partners, LLC please visit www.middlemarchllc.com.