Duhau Capital

We acquire and operate established companies for the long term, preserving the legacy behind each one.

The Firm

An entrepreneurial team that invests in and operates high-quality companies.

We invest in and actively manage established companies with a proven business model and track record. We seek a majority position and, upon investment, take on operational leadership, drawing on the experience of our partners and the financial commitment of a diverse group of entrepreneurs, CEOs and investment professionals.

Who we are

A partnership with complementary experience investing in and operating mid-size companies, backed by local and international investors who get involved.

Why us

A stable, prosperous future for your company, your people and your customers: a considered succession, a swift and certain liquidity solution, and a bridge to the next stage of growth, with the legacy intact.

What we look for

A majority position in companies where we provide operational leadership, using the track record and local expertise of our partners and investors to help the business reach its full potential.

Proposition

A different kind of owner for your company.

We acquire a majority stake in privately held companies and generate long-term value while preserving the legacy, the culture and, above all, the people behind each company's success. Here is how we differ from private equity funds and strategic acquirers.

Private Equity
Strategic Acquirer
Duhau Capital
Goals
Maximize profitability over the next 3 to 5 years
Fold the company into a broader corporate strategy
Long-term growth and value creation
Your company
One of many businesses in a portfolio
One piece of a larger parent company
A business we build and grow on its own terms
Continuity
Financial engineering and cost-cutting for near-term returns
Inherits the parent company's strategy and culture
Focused ownership and full commitment to the operation
Employees
Secondary to financial returns
Subject to redundancy and integration
Continue to grow and develop
Source of capital
Individual or passive sources you may never know
The assets of a public or private company
A diverse group that gets fully involved in the operation
Transaction and terms
Complex, pursuing several transactions at once
Slow, structured to protect the acquirer
Quick, flexible and focused

Duhau Capital

Goals
Long-term growth and value creation
Your company
A business we build and grow on its own terms
Continuity
Focused ownership and full commitment to the operation
Employees
Continue to grow and develop
Source of capital
A diverse group that gets fully involved in the operation
Transaction and terms
Quick, flexible and focused

Private Equity

Goals
Maximize profitability over the next 3 to 5 years
Your company
One of many businesses in a portfolio
Continuity
Financial engineering and cost-cutting for near-term returns
Employees
Secondary to financial returns
Source of capital
Individual or passive sources you may never know
Transaction and terms
Complex, pursuing several transactions at once

Strategic Acquirer

Goals
Fold the company into a broader corporate strategy
Your company
One piece of a larger parent company
Continuity
Inherits the parent company's strategy and culture
Employees
Subject to redundancy and integration
Source of capital
The assets of a public or private company
Transaction and terms
Slow, structured to protect the acquirer

Swipe to compare

Focus

What a great company looks like to us.

We look to acquire a majority stake in companies with recurring revenue, stable profits, simple operations and room to grow. Typically, an operating profit above US$2 million, though we are glad to look at opportunities that do not meet every criterion.

Recurring revenue

Most revenue is stable, predictable and likely to repeat in the future.

For example: annual contracts and subscriptions.

Stable profits

A consistent ability to generate attractive profits over time.

For example: margins above 15% and three or more years without losses.

Growing industry

Operating in industries with real, durable tailwinds.

For example: technology, financial services, logistics and transportation.

Portfolio

We grow companies by getting involved in the operation.

We create long-term value through continuous growth and development. With the support of our experienced group of investors, we immerse ourselves fully in the business to reach our objectives.

Industry SaaS / Technology  ·  Geography Latin America

In 2023, Duhau Capital acquired Soft Restaurant, the leading restaurant point-of-sale (POS) software provider in Mexico, serving more than 40,000 clients across the country and 14 countries in Latin America.

The investment places Duhau Capital at the forefront of the digitalization of Mexico's restaurant industry, and supports Soft Restaurant as it extends its leadership at home, strengthens its presence across Latin America, and keeps building products that solve real problems for its customers.

Visit softrestaurant.com
40,000+
Clients served
14
Countries in Latin America
2023
Year acquired

Team

Investors who also operate.

Duhau Capital invests in established companies and gets hands-on running them. We are backed by a group of local and international investors with real experience leading and operating businesses, not just providing capital. We take a majority position, stay for the long term, and work to keep the company growing with its people and identity intact.

Santiago Estévez

Santiago is a Founding Partner of Duhau Capital. Before co-founding Duhau Capital, he was an Associate at General Atlantic, one of the largest private equity funds in the world, where he led the analysis for investments in Mexico, Uruguay and Brazil. Before General Atlantic, he was an Associate at Southern Cross Group, a private equity firm specialized in Latin America. During his time at Southern Cross, Santiago led the analysis for the acquisition of Even Group, a telecom infrastructure company with nationwide presence, and later served as its Business Development Manager, involved in the overall operations and board meetings of the company.

Santiago co-founded Cargoful, a technology company focused on improving logistics for truckers and shippers, based in Italy, where he now holds a non-operative role as a board member and advisor. He has also founded two other start-ups in Mexico and is an active angel investor.

Santiago holds a B.S. in Finance from ITAM.

Partner
Santiago Estévez
LinkedIn
Hover over the photo to read the bio
Alonso Alcocer

Alonso is a Founding Partner of Duhau Capital. Before co-founding Duhau Capital, he served as CFO of Auronix, a telecom technology company acquired by Polo Capital Partners, a Mexican private equity fund. Before that, he was an Associate at Southern Cross Group, a private equity firm specialized in Latin America. During his time at Southern Cross, Alonso led the analysis for the acquisition and merger of four IT services companies into Axity, and for the successful exit of Grupo Expansión, one of Mexico's leading media companies. He was involved in the operations and boards of both companies.

Alonso is a co-founder of Cargoful, a technology company focused on improving logistics for truckers and shippers, based in Italy, where he now sits on the board as a non-operative advisor. He also served as an independent member of the investment committee of VRE, a Mexican real estate developer.

Alonso holds a B.S. in Chemical Engineering from Universidad Iberoamericana and an MBA from London Business School.

Partner
Alonso Alcocer
LinkedIn
Hover over the photo to read the bio

Institutional investors

Click any investor to learn who they are.

Contact

If you are thinking about what comes next for your company, we would like to hear your story.

We are always glad to talk through the challenges and opportunities a company faces, in confidence and without obligation.

Start a conversation
OfficeCity32, Av. Andrés García Lavín 298
Montebello, 97113
Mérida, Yucatán, México