Skip to main content

MEXICO CITY - March 11, 2024 – Global law firm Greenberg Traurig’s Latin America and Project & Infrastructure Finance practices advised MXT Holdings (MXT) and Mexico Infrastructure Partners (MIP) on a transaction that won the “Deal of the Year” award at the Infrastructure Investor Awards 2023: Latin America. In addition, this transaction is nominated for Latin Lawyer’s 2024 “Mergers & Acquisitions: Public Companies Deal of the Year.”

Greenberg Traurig participated as international – under New York and Dutch law – and Mexican counsel in the transaction, which had three interrelated components: (i) the sale of a 50% co-controlling interest in MXT Infrastructure Holdings, a Mexico-based telecommunications infrastructure company, to ARDIAN, a leading global private equity firm. This transaction was ARDIAN’s first investment in Mexico; (ii) MXT’s simultaneous acquisition of Centennial Towers, which increased its presence in the telecommunications tower sector; and (iii) the acquisition financing MXT arranged with a syndicate of banks to finance part of Centennial Towers.

The Greenberg Traurig team was led on the New York and Mexican law aspects by José Antonio Butrón, shareholder of the Latin America Practice and head of the Projects & Infrastructure Finance Practice in Mexico City, with the support of a team comprising Gabriela Palomino, shareholder of the Projects & Infrastructure Finance Practice, David Argueta, shareholder of the Banking and Finance Practice in Mexico City, and Luis Torres, associate of the Projects & Infrastructure Finance Practice. In addition, the team was supported by other key shareholders including Miguel Flores, Competition shareholder, and Jeroen den Dunnen and Jelmer Kalisvaart, Corporate and Mergers & Acquisitions shareholders in the Amsterdam office. Other team members included associate Valery Dayne García Zavala and law clerks Diana Cortés, Ana Ramírez and Francisco de Rosenzweig.

About Greenberg Traurig’s Infrastructure and Project Finance Practice: Greenberg Traurig’s Infrastructure and Project Finance practice brings together multidisciplinary teams of lawyers from across the firm to advise on project finance and infrastructure development both domestically and internationally. We have extensive experience in structuring, development and project finance, public-private partnership transactions, construction, insurance and bond issues, environmental and regulatory law, energy contracting and regulation, labor, real estate and tax law.

About Greenberg Traurig’s Latin America Practice: Greenberg Traurig’s award-winning Latin America Practice draws on resources from our offices in ChicagoHoustonLos AngelesMexico CityMiamiNew YorkWashington D.C., and elsewhere around the world, bringing together a multidisciplinary team of more than 120 lawyers to help clients identify and capitalize on business opportunities in Latin America, the Iberian Peninsula, and the Caribbean. Since the founding of the firm, Greenberg Traurig has been inextricably linked to Latin America and has represented many of the family enterprises that are today among Latin America’s largest companies. By addressing real-world problems for clients on a regular basis, our team has developed a breadth of experience in Latin America that sets us apart.

About Greenberg Traurig’s Mexico City OfficeGreenberg Traurig’s Mexico City office offers clients innovative, strategic advice and legal services that span both traditional fields and contemporary regulatory sectors. The office has more than 60 bilingual attorneys who have been contributors to major national projects in Mexico and leverages the resources and reach of the firm’s global platform to provide clients with tailored legal services reflective of the specific industry and market conditions in which they operate. The Mexico City office is an integral part of the firm’s award-winning Latin America Practice, and has been recognized with leading competition, corporate, M&A, compliance, infrastructure, real estate, privacy, energy, administrative litigation, and banking practices in Mexico.

About Greenberg Traurig: Greenberg Traurig, LLP has more than 2750 attorneys in 47 locations in the United States, Europe and the Middle East, Latin America, and Asia. The firm is a 2022 BTI “Highly Recommended Law Firm” for superior client service and is consistently among the top firms on the Am Law Global 100 and NLJ 500. Greenberg Traurig is Mansfield Rule 6.0 Certified Plus by The Diversity Lab. The firm is recognized for powering its U.S. offices with 100% renewable energy as certified by the Center for Resource Solutions Green-e® Energy program and is a member of the U.S. EPA’s Green Power Partnership Program. The firm is known for its philanthropic giving, innovation, diversity, and pro bono. Web: www.gtlaw.com.