AVS Capital acquires 100% of Mexican Bautech

In 2024, Antonio del Valle Sierra launched AVS Capital, a Mexican SF, with the support of 15 investors, including the 3 leading Mexican institutions—Alza Capital Partners, Cerralvo Capital, and Ventura Search Capital—as well as private investors such as José Pablo Fernández and Benjamin Estrella, and international players including Spectra Investments, JB46, Itaca Capital Partners, 9T Capital, León Bartolomé, and Scott Asen.

He has just announced the acquisition of 100% of Bautech, a Mexican company dedicated to the development, production, and commercialization of chemical additives and solutions for the construction industry. The transaction structure combines equity and bank debt with moderate leverage. Financing was provided by a local Mexican bank.

Bautech is a Mexican company with 35 years of operating history, specializing in concrete additives, construction chemicals, and waterproofing solutions. The company primarily serves construction and industrial clients, maintaining a recurring customer base and long-term commercial relationships. In 2025, Bautech generated revenues of approximately US$10M, with an EBITDA of US$3M and solid sector-leading margins. The company employs around 50 people and operates from its manufacturing plant and distribution center in Mexico City.

Antonio commented: “Bautech stood out to us due to the recurring nature of its sales, the quality of its margins, and a consistently strong growth track record. It is a business that fits perfectly with my profile as a searcher: operational, technical, and with multiple clear levers for continued growth. Additionally, it operates in a sector that, despite short-term cyclical volatility, has very strong long-term fundamentals in Mexico. We were able to acquire the company at a very attractive valuation and see clear exit opportunities in the future, both with strategic and financial buyers.”