A Special Purpose Acquisition Company, Andina Acquisition Corporation (AAC) helps South American businesses throughout the Andean region generate sizable yet sustainable growth through a number of diverse investment strategies. To foster this type of growth, AAC has developed a clearly outlined strategy that centers on its ability to provide a substantial influx of capital along with continued access to the expert assistance provided by Andina’s business team.
With a relatively broad investment focus, AAC seeks to reinforce the company’s existing business model while pursuing growth through new investments, product development, talent development and acquisitions. In addition to providing access to capital and professional business expertise, the AAC also utilizes the opportunity for a strategic merger that results in the public availability of these South American businesses, which only serves to further stimulate business growth.
As a publicly traded company on the NASDAQ stock exchange, AAC is able to bring companies in the Andean region of South America to market through the utilization of a strategic merger in which the original owners retain their majority ownership and Andina gains minority representation on the company’s board of directors. The merger process is therefore able to provide even greater access to the capital needed for additional growth while allowing the original business owners to maintain control over the company and final authority over any business decisions.
AAC’s strategy is specifically designed to yield sizable increases in expansion and revenue for the South American businesses it identifies as having the greatest potential for growth. This strategic approach -- along with the impetus for the establishment of the AAC -- is clearly delineated in its mission statement, which reads:
“Andina Acquisition Corporation was formed to capture the extraordinary growth in the Andean region. Andina creates a vehicle for investment in fast-growing private companies, providing Andean and pan regional entrepreneurs access to much-needed growth capital and expertise, while simultaneously offering foreign investors access to these unique opportunities.”
The CEO of AAC, Luke Weil is involved with a number of for-profit and non-profit endeavors. In addition to his leadership role with AAC, Mr. Weil is also a partner in L.W. Air and serves on the board of Runa LLC. Mr. Weil also serves on the boards of Interactive Commerce Corp and SkuRun, a startup technical company. AAC is not the only venture that recognizes the potential and importance of opportunities existing throughout South America, as Mr. Weil is also the co-founder and Vice President of Rios Nete, a non-profit organization developed to assist with a wide range of charitable activities in the Amazon Rainforest.
You can find out more about Andina Acquisition Corporation and Luke Weil by visiting the links below.