The sun is less shy, the breezes are warmer and the air is filled with the scent of freshly poured tequila, margaritas and mezcal. Today is Cinco de Mayo, an occasion to celebrate a Mexican holiday, if only mainly in America. American popular culture has largely co-opted Cinco de Mayo (which is a national holiday in Mexico, albeit one mostly celebrated by only one Mexican state), probably because any excuse to party is a good excuse.
However, not everyone parties on Cinco de Mayo; after all, since it’s not a federal holiday, everyone still has to work, including those at PE and VC firms. To honor the occasion, we thought it’d be intriguing to dive into the PitchBook Platform to see what exactly PE and VC firms have been up to on past Cinco de Mayos.
Since 2007, PE firms have cut 23 deals on the fifth of May in a wide variety of industries, while a 24th deal, although not strictly PE, is worthy of mention. To check out the most notable deals in the space and a datagraphic detailing PE and VC deal activity in Mexico, click here.