Bodega Luigi Bosca, one of the oldest and most renowned wineries in Argentina, has received a significant strategic investment from L Catterton, the largest and most global consumer-focused private equity firm.
2019-05-13
Estudio Garrido advises B2B platform Extendeal on $1m investment round
Argentinian law firm Estudio Garrido has advised B2B platform Extendeal on the closing of a $1 million bridge investment round.
Estudio Garrido Advised on the Acquisition of 100% of J.P.M. Servicios Petroleros
Estudio Garrido, through partner Diego Martín Garrido and associates María Victoria Busnadiego and Marcos Vidiri, advised the purchasers in the acquisition of 100% of the share capital of J.P.M. Servicios Petroleros S.A., a Neuquén-based company dedicated to providing services to the oil and gas industry.
J.P.M. Servicios Petroleros: A Longstanding Presence in the Neuquén Basin
Founded in 1996 and registered with the Public Registry of Commerce of the Province of Neuquén, J.P.M. Servicios Petroleros has nearly thirty years of experience providing services to operators in the Neuquén Basin.
A Transaction at the Heart of Vaca Muerta
The acquisition takes place amid the strong momentum of the hydrocarbon industry in the Province of Neuquén, driven by the development of Vaca Muerta, which has positioned Argentina among the world's leading producers of unconventional oil and natural gas.
This growth has generated increasing demand for local service companies with operational capacity and available equipment.
With the acquisition of J.P.M. Servicios Petroleros, the purchasers are strengthening their presence in the regional oilfield services sector, with the objective of expanding their service offering and supporting the continued growth of activity in the basin.
