Nexxus Capital and Alta Growth Capital to Invest in Grupo Turistore (Latin America)
Source(s): Sentido Comun
Mexico-focused private investment fund managers Nexxus Capital and Alta Growth Capital have agreed to invest in Mexico-based retailer Grupo Turistore. Nexxus will invest through Nexxus Capital VI. Grupo Turistore operates 56 stores across Mexico, focusing on key beach destinations for tourists. Financial details of the transaction, which is subject to regulatory approval, were not disclosed.