Overview

Adolfo Obregon is a corporate attorney in Holland & Knight's Mexico City office. Mr. Obregon focuses his practice on corporate and commercial law, banking and finance, private equity, foreign investment, debt and capital markets, securitizations, structured finance, peer-to-peer lending, leveraged finance and general finance transactions, corporate governance and mergers and acquisitions (M&A).

Mr. Obregon is experienced in advising financial institutions such as domestic and international banks, investment advisers, brokerage houses and multiple object financial corporations (SOFOMs). He counsels domestic and cross-border parties in M&A transactions, divestitures involving public and private entities. He also represents issuers in a number of domestic and international, public and private, debt and equity offerings.

In addition, Mr. Obregon has experience representing startups, angel investors, venture capital firms and growth equity funds, as well as technology companies, along all intervals of the life cycle, including licensing, capital-raising transactions, acquisitions and divestitures.

Prior to joining Holland & Knight, Mr. Obregon was an attorney at the Mexico City office of a global law firm.

Representative Experience

  • Served as legal counsel to Proteak Uno S.A.B. de C.V. (Proteak), a Mexican company active in the international forestry sector, in connection with a capital increase through subscription by the shareholders in accordance with their preemptive right, and subscription and payment by third parties for MX$656.9 million
  • Served as legal counsel to Proteak in connection with a capital increase through subscription by the shareholders in accordance with their preemptive right, and subscription and payment by third parties for MX$356.4 million
  • Served as legal counsel to Proteak in connection with a capital increase through subscription by the shareholders in accordance with their preemptive right, and subscription and payment by third parties for MX$82.6 million
  • Served as legal counsel to Alsea S.A.B. de C.V. (Alsea), a Mexico City-based operator of quick service restaurants, coffee shops and casual dining establishments in Latin America and Spain, in its MX$5.4 million follow-on on the Mexico Stock Exchange
  • Served as legal counsel to Proteak in connection with a capital increase through subscription by the shareholders in accordance with their preemptive right, and subscription and payment by third parties for MX$55.8 million
  • Served as legal counsel to Proteak in connection with a capital increase through subscription by the shareholders in accordance with their preemptive right, and subscription and payment by third parties for MX$247.6 million
  • Served as legal counsel to Alsea in connection with a primary public offer for the subscription of shares for MX$1.15 billion
  • Served as legal counsel to Alsea in connection with a primary public offer for the subscription of shares for nearly US$6 billion
  • Served as legal counsel to Proteak in connection with a capital increase through subscription by the shareholders in accordance with their preemptive right, and subscription and payment by third parties for MX$52.4 million
  • Served as legal counsel to Sare Holding S.A.B. de C.V. (Sare) in connection with a primary public offer for the subscription of shares for MX$929.9 million
  • Served as legal counsel to Alsea in connection with an issuance of long-term bond certificates for MX$3 billion under the program issued for MX$10.5 billion
  • Served as legal counsel to Alsea in connection with the issuance of long-term bond certificates for MX$2.5 billion under the program issued for MX$3.5 billion
  • Served as legal counsel to Alsea in connection with the authorization of a program of short-term bond certificates for MX$500 million
  • Served as legal counsel to Alsea in a follow-up offering of long-term bonds (certificados bursatiles de largo plazo) for MX$4 million under a program of MX$7.5 million authorized in 2013
  • Served as legal counsel to Sare in connection with a cash tender offer to acquire (Oferta Pública de Compra) 100 percent of long-term bonds (certificados bursátiles) for an amount of MX$427.8 million
  • Served as legal counsel to Grupo Bursatil Mexicano S.A.B. de C.V. (Grupo Bursatil), a public company, in a follow-up offering of commercial paper (certificados bursatiles de corto plazo) for MX$400 million under a program of MX$3 billion authorized in 2010
  • Served as legal counsel to Grupo Bursatil in a follow-up offering of commercial paper (certificados bursatiles de corto plazo) for MX$200 million under a program of MX$3 million authorized in 2010
  • Served as legal counsel to Alsea in connection with an issuance of long-term bond certificates for MX$4 million under the program issued for MX$10 million
  • Served as legal counsel to Epesos S.A.P.I. de C.V., a payments and remittances services provider, in connection with its MX$66 million common equity raise from strategic partners
  • Served as legal counsel to Minnt Solutions S.A. de C.V., a cloud-based services provider startup, in connection with its MX$16.5 million common equity raise from angel investors and strategic partners
  • Served as legal counsel to an important furniture company in a leveraged buyout (LBO)
  • Served as legal counsel to a limited purpose financial entity (Sociedad Financiera de Objeto Multiple, Entidad No Regulada) in connection with its MX$378 million equity raise
  • Served as legal counsel to Grupo Sports World S.A.B. de C.V., a company that operates family fitness clubs in Mexico, in the refinancing of its debt before HSBC, Banco Santander and Arrendadora Actinver; the agreements reached with the financial institutions will improve the company's debt structure and generate financial flexibility in a time of global uncertainty
  • Served as legal counsel to Alsea and its subsidiaries in the renegotiation and refinancing of Alsea's debt before Mexican and international banks; the agreements reached with the financial institutions will allow Alsea to recover from the impact of the COVID-19 pandemic
  • Served as legal counsel to Proteak in the development and implementation of a corporate and market strategy for the company's current shareholders to subscribe a portion of the shares held in Proteak's treasury (represented by Ordinary Participation Certificates or CPOs) through an initial subscription; the funds raised from the subscription will allow Proteak to continue its business expansion and increase its commercial forest plantations portfolio
  • Served as legal counsel to Giddings Fruit S.A., a Latin American fruit export company, as the borrower in a US$90 million loan from Prudential Financial and U.S. health insurer Cigna, through a note purchase and guarantee agreement, to fund its operations in Latin America and pay existing debt
  • Served as legal counsel to Banco Compartamos S.A. Institución de Banca Múltiple (Banco Compartamos), Mexico's largest microfinance institution, in obtaining US$70 million in loans from Citibank, the U.S. International Development Finance Corporation (DFC) and the Japan International Cooperation Agency (JICA), which will be used to provide loans to primarily women-owned small businesses in Mexico; the agreements will enable Banco Compartamos to continue lending to small businesses during the COVID-19 pandemic, with a portion of the loans dedicated to less-developed regions of the country, including Chiapas, Oaxaca, Guerrero and Puebla; in total, this collaboration will reach more than 135,000 small businesses, of which approximately 90 percent are expected to be women-owned
  • Represented an important educational services provider group in Mexico in the sale of 100 percent of the shares issued by the company to a private equity fund for an enterprise value of MX$950 million
  • Served as legal counsel to Invia Capital in the acquisition of Contenidos Financieros S.A. de C.V., and its subsidiaries (Infoselective S.A. de C.V. and Cartera S.A. de C.V.); the company provides informative content related to financial matters in Mexico and the rest of the world
  • Served as legal counsel to Aspel de México S.A. de C.V. in the sale of 100 percent of the shares issued by the company for an enterprise value of MX$3 billion
  • Served as legal counsel to Transtelco Acquisitions III S. de R.L. de CV Mexican subsidiary of Transtelco Holding Inc., in connection with a cash tender offer to acquire (Oferta Pública de Compra) to acquire through the Mexican Stock Exchange, with up to 100 percent of the shares representing the capital stock of Maxcom Telecomunicaciones S.A.B. de C.V.
  • Served as legal counsel to Actinver Casa de Bolsa S.A. de C.V., Grupo Financiero Actinver, as placement agent in MX$354 million follow-on issued by Grupo Vasconia S.A.B. through the Mexico Stock Exchange
  • Served as legal counsel to Banco Latinoamericano de Comercio Exterior S.A. (Banco Latinoamericano) in connection with the issuance of additional long-term bond certificates for MX$3 billion under the program issued for MX$25 billion
  • Served as legal counsel to Alsea in its debt restructuring and related US$500 million issuance of senior notes due 2026

Credentials

Education
  • Universidad Panamericana, Postgraduate Degree, FinTech Law
  • Universidad Anáhuac, J.D.
Bar Admissions/Licenses
  • Mexico
Memberships
  • Proteak Uno S.A.B. de C.V., Board of Directors, Deputy Secretary
  • Grupo Sports World S.A.B. de C.V., Board of Directors, Deputy Secretary
Honors & Awards
  • The Legal 500 Latin America, Mexico Banking and Finance; Mexico Corporate and M&A, 2022
Spoken Languages
  • English
  • Spanish