AUA Private Equity Announces 2017 Accelerator Class

Apr 19 2017 | 10:31pm ET

Private equity investor AUA Private Equity Partners has announced the 2017 class of its AUAccelerate accelerator program, operated in partnership with the Illinois Hispanic Chamber of Commerce, that advises and mentors emerging minority or woman-owned businesses in the U.S. 

This year’s class, the program’s second, include Nut Burgers, Chapin Coffee, and del Carmen Foods. AUA Private Equity will leverage its resources, expertise, executives, and network of advisors to provide advisory services and technical expertise tailored to the needs of each company, according to a statement, including assistance with such things as business plans, budgets, sales and distribution, marketing and branding.

AUA Private Equity, which invests in the Hispanic market as a targeted investment strategy, sees a lack of resources and support for minority-owned businesses, managing partner Andy Unanue said in the statement. Accordingly, the accelerator program, which at the moment works with 3-5 businesses per year, is a way to support entrepreneurs in an underserved segment of the economy.

New York-based AUA Private Equity Partners focuses on lower middle-market opportunities in the consumer, media, and business services sectors, with a particular focus on family-owned businesses or companies benefiting from the growth of the U.S. Hispanic population. The company makes equity investments of $15-$50 million in companies that generate $5 million or more in EBITDA, and manages more than $275 million of capital.


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