GRAM Americas Buyout Fund

GRAM Americas Buyout Fund (GRAM ABF) is the private equity division of Grupo Romero Asset Management (GRAM), focusing on middle-market businesses within the U.S. Hispanic ecosystem. The fund leverages the team's extensive experience to identify, source, and grow companies in essential services and consumer sectors. GRAM ABF maintains access to the Carlyle network and global industry experts, allowing it to leverage a global pool of industry expertise while maintaining agility. GRAM is supported by Grupo Romero, a Peruvian conglomerate established in 1893, which controls 13 public and private businesses spanning industries including consumer, financial services, healthcare, industrials, energy, infrastructure, and business services in over 10 countries.

The fund's strategy targets leaders within the middle market that: (i) target the Hispanic demographic, (ii) address Hispanic-related themes or products, or (iii) are owned by Hispanic entities. Target sectors include essential services and consumer industries. The typical equity check size ranges from $100 million to $300 million. GRAM ABF focuses on value creation through growth acceleration, adoption of operational and tech-driven global best practices, geographic expansion, buy and build strategies, and arbitrage opportunities. The fund supports a range of transaction structures, including founder or family-owned businesses, corporate carveouts, management buyouts, sponsor-to-sponsor deals, expert-backed theses, and public-to-privates.

In January 2025, GRAM ABF made a majority investment in UniVista Insurance, a leading distributor of insurance products and services to Hispanic communities in Florida and Texas. This investment valued UniVista at over $700 million and aims to accelerate its growth in core product areas and support its entry into new product lines. UniVista plans to expand its footprint through increased corporate store and franchise development across the U.S. The company offers a wide range of insurance products, including auto, home, commercial, life, and health insurance, primarily serving the Hispanic communities in Florida and Texas. The investment aligns with GRAM ABF's mission to invest in the Hispanic market and underscores its commitment to fostering growth and value creation in the region.