Arena Capital pursues SME Acquisition in Mexico

While pursuing his MBA at Harvard, Eduardo Correa gained deep exposure to the SF landscape, first at Aguafría, a highly successful case in Mexico (acquired by Reddy Ice last year), and later at Cerralvo Capital. So when he decided to launch Arena Capital to acquire a mid-sized company in Mexico, both Germán Canale and Cerralvo Capital had no doubt about backing him on his journey. He has also attracted the support of Ambit Partners, Istria Capital, Paltus Capital, Kinderhook Partners, 9T, Peterson Partners, and individual investors such as Ashley Giesler, Alfonso Blohm, Santiago Villalobos, and Alejandro Rentería.

Eduardo brings over 7 years of experience in PE, investment banking, and entrepreneurship. He grew up in Los Cabos, in an entrepreneurial household where he was instilled with the values of integrity and dedication. Early in his career, Eduardo demonstrated his entrepreneurial spirit by founding Esfijo, an innovative online business specializing in tailored shirts. Later, at PC Capital, he advised on multiple acquisitions, helping drive consolidation in Mexico’s pawnshop industry. In 2020, during his time at PE fund Alta Growth Capital, he played a key role in the investment and management of a diverse portfolio of companies, evaluating more than 50 opportunities across various sectors.

Arena Capital is seeking to acquire a company with annual sales exceeding MXN$200 million and/or operating profit of more than MXN$30 million, in a growing sector with stable historical profitability.