Altra Investments

What is Altra Investments?

Altra Investments is a private equity firm established in early 2005 in Bogotá, Colombia, dedicated to fund management with a focus on the Andean Region and Central America, placing particular emphasis on Colombia and Peru. Their investment team boasts over 80 years of direct, relevant experience within the region.

To date, Altra has invested in nineteen companies, raised USD 547 million in capital commitments from a diverse group of investors, and has mobilized USD 757 million, including reserves, co-investments, and third-party arrangements. Their investor base includes public and private pension funds, funds of funds, family offices, sovereign funds, development funds, and foundations with operations based in Colombia, Peru, Chile, and Central America.

Altra prioritizes integrity, trust, and transparency in their operations, reflecting these through clear and confident interactions with investors, portfolio companies, and employees. Human capital is considered a critical asset, and the firm has cultivated a strong culture that embraces one of the most talented and reliable investment teams in the region. The firm is deeply committed to the proper development of its investments, taking an active role in management and administration of portfolio companies and involving itself in their daily operations.

It also supports social and environmental performance initiatives through training programs and strengthening projects in these areas.

Altra has a proven track record of generating significant value in mid-cap sector companies, particularly those that were previously family businesses. Their investment approach targets equity investments of USD 30 to USD 60 million in companies with annual sales between USD 15 and USD 150 million, with a consistent focus on control and significant control investments.

Altra strives for shareholding control whenever possible to enable the investment thesis, attract human capital, or execute required operational changes to reach full potential.

With a disciplined investment strategy that values and capitalizes on the challenges of acquiring, managing, and exiting private equity investments in the region, Altra leverages its team's unique skills and experience to proactively address complex situations expected to provide opportunities to acquire high-potential businesses at attractive prices.

They focus on mid-cap companies with unique capabilities and sustainable competitive advantages, and they seek to acquire businesses with significant potential for profitability and growth.

Altra adopts a value-oriented approach with respect to acquisition prices and a prudent leverage criterion.

The firm recruits, incentivizes, and partners with talented management teams to identify and implement detailed operational, financial, and strategic initiatives designed to help portfolio companies reach their full potential, always developing well-defined exit strategies before investing.

Geographically, Altra is mainly focused on the Andean Region and Central America, especially Colombia and Peru, seeking companies that can benefit from the market dynamics of the Pacific Alliance in terms of export markets or internationalization processes. Currently, the firm operates seven investments with direct operations in Colombia, Peru, Chile, and Central America, totaling USD 757 million in mobilized capital.