Teaching Note | HBS Case Collection | January 2013

INNOVA-MEX's Bid for ENKONTROL (TN)

by William R. Kerr and Ramana Nanda

Abstract

In their second year, two Mexican HBS MBAs joined forces to start a search fund based in Mexico City. They had raised money to acquire an existing private company in Mexico with an initial enterprise value between $5 million and $15 million. Just seven months after raising the fund, they were about to close a deal on a target company, but the seller wants to renegotiate.

Keywords: entrepreneurial finance; Finance; Strategy; Entrepreneurship; Mexico;

Citation:

Kerr, William R., and Ramana Nanda. "INNOVA-MEX's Bid for ENKONTROL (TN)." Harvard Business School Teaching Note 813-087, January 2013.