In their second year, two Mexican HBS MBAs joined forces to start a search fund located in Mexico City. They had raised cash to acquire an existing private company with an initial enterprise value between $15 million and $5 million in Mexico.
Just seven months subsequent to raising the fund, they were about to close a deal on a target company, but the seller wants to renegotiate.
PUBLICATION DATE: October 25, 2011 PRODUCT #: 812008-HCB-ENG
This is just an excerpt. This case is about INNOVATION & ENTREPRENEURSHIP