Hello!

We’re Nicolás Lulli and Diego Febrero.

We’ll buy your business

and ensure your legacy.

Want to retire but don’t have a succession plan? With Colca Capital as your partner, you can retire and leave behind an indelible legacy!

Hello!

We’re Nicolás Lulli and Diego Febrero.

We’ll buy your business

and ensure your legacy.

Want to retire but don’t have a succession plan? With Colca Capital as your partner, you can retire and leave behind an indelible legacy!

El Cóndor y La Colca

“Como los cóndores cruzan el cañón, construimos una conexión y un camino al futuro.  Colca Capital, un sendero entre lo logrado hacia el hacer historia.” 

Co-Founding Managing Partners Nicolás Lulli y Diego Febrero

El Cóndor y La Colca

“Como los cóndores cruzan el cañón, construimos una conexión y un camino al futuro.  Colca Capital, un sendero entre lo logrado hacia el hacer historia.” 

Co-Founding Managing Partners Nicolás Lulli y Diego Febrero

About You

You own a family business with over S/. 3,000,000 in earnings and 20%+ profit margins. You’re a top-tier player in a fragmented industry. Your customers are loyal. You compete on quality and service, not price. Your market grows at over 2x GDP.  And your business benefits from macroeconomic and demographic tailwinds.

Improving Your Lifestyle

You’ve earned a respite from the daily grind.  Now you want to relax and enjoy the finer things in life.

Reaping Your Rewards

You’ve spent blood, sweat, and tears building your business. The time has come to receive a fair price on flexible terms for your life’s work.

Preserving Your Legacy

You treat your employees, customers, and suppliers as your own family. You don’t have a formal succession plan in place and you would only sell your company to someone who would care for it as you have.

About Us

Our Offer

The Colca Canyon, located in the south of Perú near Arequipa, represents a powerful Peruvian symbol. The canyon’s unique microclimate makes it home to the majestic Andean condor. Often called the Eternity Bird for its long life, the condor is a national icon.

We chose the name Colca because, for a Peruvian, it calls to mind longevity, hardiness, and natural beauty.

By passing your business to us, your life’s work may endure for another generation. We understand the process will challenge us and require us to possess the same tenacity that the canyon’s rugged environment demands of the condor. In doing so, we hope to create value for you, your clients, your employees, and our investors.

The growth of a small business, and the degree to which it touches and improves so many lives, is a beautiful journey to behold. We aspire to earn your trust, and with your guidance and support, take the company to the next level.

100%

We’ll acquire 100% of your business and operate it for the long-term.  We also have the flexibility to allow you to reinvest a portion of your sale proceeds in the company.

Passionate

From an early age, we’ve both pursued entrepreneurial ventures. We’ve dreamed of one day managing our own family business. We couldn’t be more excited about the road ahead.

Seasoned Investors

Our investors have operated their own businesses as CEOs and senior management. They have decades of expertise in investing in and growing small, family-owned companies.  They will continue to mentor us as managers after the deal closes.

Fast

We have the accounting, legal, and economic resources to close this transaction quickly, efficiently, and with minimal disruption to day-to-day operations.

Perú

We have a diverse group of local and international investors. However, we are focused exclusively on acquiring a single Peruvian business and growing it for years to come.

Shared Values

We share your values of hard work, perseverance, and integrity. You treat employees like family and your customers like lifelong friends. We’ll maintain, safeguard, and cherish this business culture.

The Team

Nicolás Lulli and Diego Febrero co-founded Colca Capital, the first search fund in Perú, in 2018. As Co-Managing Partners, their goal is to seek, acquire, and operate a single small to mid-size Peruvian business for the long-term. They are backed by a group of entrepreneurs, operators, and investors with proven success in buying and growing small businesses across the globe.

Nicolás Lulli Nicolas Simon Lulli Linkedin profile

Co-Managing Partner

nicolas@colcacapital.com

+1 (240) 753-5410

Vice President | Relay Investments | Boston, MA

Executed search fund investments and operating company acquisitions across Latin America, Europe, and the USA

Analyst | Derivatives Structuring and Marketing | Goldman Sachs | New York, NY

Priced structured notes and cross currency swaps for sovereign and corporate clients across Latin America

Lead Investor and Board Member | District Doughnut | Washington, DC

Led seed and follow-on investments in the world’s tastiest doughnuts

Citizen Of Perú, USA, And Italy

CFA Charterholder and Co-Founder of CFA Society of Lima

AB Politics, Finance | Princeton University

Nicolás Lulli Nicolas Simon Lulli Linkedin profile

Co-Managing Partner

nicolas@colcacapital.com

+1 (240) 753-5410

Vice President | Relay Investments | Boston, MA

Executed search fund investments and operating company acquisitions across Latin America, Europe, and the USA

Analyst | Derivatives Structuring and Marketing | Goldman Sachs | New York, NY

Priced structured notes and cross currency swaps for sovereign and corporate clients across Latin America

Lead Investor & Board Member | District Doughnut | Wash, DC

Led seed and follow-on investments in the world’s tastiest doughnuts

Citizen Of Perú, USA, And Italy

CFA Charterholder

AB Politics, Finance | Princeton University

Diego Febrero Diego Febrero Linkedin profile

Co-Managing Partner

Diego Febrero Diego Febrero Linkedin profile

Co-Managing Partner

diego@colcacapital.com

+51 973-831-731

Head of M&A and Investor Relations | Alicorp | Lima, Peru

Executed 11 transactions worth over $1.7bn across Latin America and managed global investor base of US$2.5bn market cap public company

Senior Investment Analyst | Interseguro | Lima, Peru

Invested US$200mm in public equities, fixed income, and alternatives as Portfolio Manager of life insurance company w/ AUM of US$1.4bn

Summer Associate | AlphaCredit Capital | Mexico City, Mexico

Launched factoring and leasing business lines targeting SMEs in Mexico and Colombia

CFA Charterholder and Co-Founder of CFA Society of Lima

MBA | Columbia Business School | New York, NY

 Trusted by Investors Worldwide

Colca Capital represents a group of entrepreneurs, operators, and investors who have demonstrated success in buying and growing small businesses across the globe.

Our investors are our mentors: they’re committed to us on a personal level and share our common goal of acquiring and operating a healthy Peruvian business in a growing industry.

new-york

BOSTON, MA
USA

Relay Investments

Sandro Mina and Martin Steber
Managing Directors
Learn More

new-york

TEMPE, AZ
USA

CALO Programs

Alex Stavros
CEO
Learn More

new-york

BOSTON, MA
USA

Housatonic Partners

Will Thorndike
Managing Director
Learn More

new-york

MONTERREY
Mexico

Lottus Capital Partners

Guillermo Zambrano and Ángel Álvarez
Managing Partners
Learn More

new-york

LIMA
Perú

Primax

Augusto Ugarte
CFO
Learn More

new-york

BOSTON, MA
USA

Tom Matlack, Investor

Tom Matlack
Learn More

new-york

MADRID
Spain

ALZA Capital

Guillermo Zambrano and Ángel Álvarez
Managing Partners
Learn More

new-york

SAN JUAN, PUERTO RICO
USA

Ashford Venture Partners

José Stella and Rafael Somoza
Managing Partner
Learn More

new-york

PHILADELPHIA, PA
USA

DELLIN INVESTMENTS

Frank Van Lint
Managing Member
Learn More

new-york

MILAN
ITALY

Maestrale Capital

Vito Giurazza
Managing Principal
Learn More

new-york

MEXICO CITY
Mexico

ProActive Capital

Mario Sicilia
Managing Partner
Learn More

new-york

DORAL, FL
USA

Travelmax

Malcolm and Simone Collins
Co-CEOs
Learn More

new-york

LIMA
Perú

Axxion Capital Partners

Karl Reusche Arámbulo
President & CEO
Learn More

new-york

PALTO ALTO, CA
USA

Futaleufu Partners

David Dodson and Susan Pohlmeyer
Principals
Learn More

new-york

DENVER, CO
USA

Jamie Turner, Investor

Jamie Turner
Learn More

new-york

BOSTON, MA
USA

Marion Equity Partners

Bill and Mark Egan
Managing Directors
Learn More

new-york

BELO HORIZONTE
Brazil

Thiago de Assis Silva, Investor

Thiago de Assis Silva
Learn More

new-york

TORONTO, ON
Canada

UCIT Online Security

Rob Cherun
CEO
Learn More

What We Do

WE'RE A SEARCH FUND

We created Colca Capital to search for and acquire a single Peruvian company to manage for the long term and pursue organic growth that will benefit employees, customers, and investors alike.

NOT FINANCIAL BUYERS

We’re not looking for a distressed company to turn around for a quick profit. We won’t slash costs or take on excessive debt. Instead, we plan to scale revenue under a sensible capital structure.

NOT STRATEGIC BUYERS

We won’t treat your life’s work as just another bolt-on acquisition or add it to a portfolio of other businesses. Instead, we’ll preserve its unique culture and spirit, and ensure your legacy.

What We Seek

We’re looking for a healthy business in a growing industry with the following characteristics:

SIZE

Earnings over S/. 3,000,000 with profit margin over 20%.

LONGEVITY

At least 5 years of profitable operating history with no cyclicality in sales or earnings.

GROWING B2B NICHE

A B2B business model that provides value-added services in an industry growing at least 2x GDP.

SALES MIX & MARKET PROFILE

Minimal customer and supplier concentration, high market entry costs, and low market exit costs.

PREDICTABLE REVENUES

At least 50% of sales from recurring or repeat customers on long term contracts.

SCALABILITY

An attractive working capital profile that permits rapid growth without undue capex.

SHARED VALUES

An owner focused on a smooth transition, and committed to the long-term welfare of the company and its employees.

LOW RISK

Minimal exposure to real estate, metals, mining, commodities, and political risks.

Let’s Talk!

If you’re considering retirement but don’t have a succession plan in place…if you care for your employees and customers like family and want to leave a permanent legacy…then contact us!

We, Colca Capital, will acquire your business and tailor our terms to your needs. Diego and Nicolás couldn’t be more excited to walk in your entrepreneurial footsteps and learn from your success.

We’ll take your company to the next level by combining highly motivated and incentivized young Principals with our deeply experienced, international investor group.

Fill out the form below. Indicate best days and times for us to call you. Let’s talk about your firm and how we can work together.

Colca Capital

The first search fund in Perú, Colca Capital was founded by Nicolás Lulli and Diego Febrero in 2018. We seek to acquire and operate a single small to mid-size Peruvian business for the long-term. Along with a coterie of highly successful Peruvian entrepreneurs, family offices, and industry experts, the world’s most successful and experienced search fund investors are backing our project.