Santamarina + Steta tapped by Topaz for Harmon Hall buyout

Mexican law firm Santamarina + Steta advised and represented Talisis Holding, a subsidiary of local investment firm Topaz Holding, on its $27 million acquisition of Harmon Hall, a chain of more than 100 English-language schools located across Mexico, Belize and Guatemala.

The law firm carried out the due diligence, acquisition and financing counselling, led by partners Alberto Saavedra and Juan Carlos Machorro, along with associates Ricardo Orea and Juan Pablo Rodríguez.
 
Talisis acquired the school, which has campuses across Mexico, Central America and in the US, from Nexxus Capital and a group of international institutional investors.
 

BBVA Bancomer granted the financing for the acquisition with a long-term loan, guaranteed with Harmon Hall’s shares.
 
With this acquisition, Talisis increases its total number of school campuses to 190, with more than 150,000 students and some 8,000 English teachers.
 

Law firm Ritch Mueller Heather y Nicolau advised the sellers.