NEW YORK—Covington was included among Latinvex’s Top Latin America M&A Advisors for 2021.
Latinvex noted in Covington’s profile that the firm advised on ten deals worth $4.95 billion, including: Univision Communications on its $4.8 billion merger with Mexican media company Televisa; Mexican stock exchange operator Grupo Bursátil Mexicano (GBM) in connection with Softbank’s $150 million investment in GBM, which values GBM’s financial services business at $1 billion; and Industrias MASS, the leader in the commercial water heater market in Mexico, in its acquisition by Rinnai America Corporation, the leading manufacturer of tankless water heaters in North America.
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