AUA PRIVATE EQUITY PARTNERS ANNOUNCES LAUNCH OF ITS AUACCELERATOR PROGRAM

NEW YORK, NY – March 24, 2016 – AUA Private Equity Partners, LLC (“AUA Equity”) formally announced today the formation of an AUA Equity-backed accelerator program (“AUAccelerator”), aimed at advising and mentoring emerging Hispanic and other minority-owned businesses in the U.S. The AUA Equity team, in partnership with the Illinois Hispanic Chamber of Commerce, held a kickoff event which included community leaders, companies and investors from the Chicago area on Monday, March 21, 2016.

AUA Private Equity is a minority-owned investment firm founded by Andy Unanue, former COO of Goya Foods Inc. (his family business) the largest and most successful Hispanic-owned food company in the United States. AUA Equity, which invests in the Hispanic market as a targeted strategy, sees a lack of resources and support available to minority-owned businesses. The AUAccelerator was formed in an effort to offer customized resources for minority enterprises in the form of training and mentorship, assisting with the creation of business plans, budgets, capital raising, sales and distribution, and marketing and branding among other things. AUA Equity hopes that by providing minority-owned businesses with the Elements of Success these businesses will have the resources to succeed. The goal of the AUAccelerator is to “accelerate” 4-6 companies per year, through mentorship and access to AUA Private Equity resources and its network to help them reach their full potential.

Andy Unanue, Managing Partner of AUA Private Equity commented, “Too often we see emerging Hispanic companies that lack the resources to grow to the next level. With the support of the investment professionals at AUA Private Equity and in partnership with the Illinois Hispanic Chamber of Commerce, we hope to share our investment and operating expertise to help these entrepreneurs realize their vision of growth.”

Omar Duque, President and CEO of the Illinois Hispanic Chamber of Commerce stated, “There is a huge need, and greater economic impact, for Hispanic-owned companies to reach the next level of growth. We are delighted to see groups like AUA Private Equity giving back to the Hispanic community to help businesses advance to the next level.”

Steven Flyer, Partner of AUA Private Equity added, “The AUAccelerator Program is the natural extension of AUA Private Equity’s effort in investing and supporting minority owned businesses. Our mission is to introduce to minority entrepreneurs some of the Elements of Success we have learned in our many years of investing and successfully growing businesses. We are excited to be launching this platform.”

About AUA Equity
AUA Private Equity Partners, LLC is a New York-based, operationally focused, lower middle-market private equity firm providing strategic capital to companies in the consumer, media, and business services sectors, with a particular focus on family-owned businesses and companies benefiting from the growth of the U.S. Hispanic population. AUA Equity makes equity investments of $15 to $50 million in companies that generate in excess of $3 million in EBITDA. AUA Equity currently manages over $250 million of capital. For more information on AUA Private Equity, please visit www.auaequity.com.

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CONTACT:
Astrid Soto
(212) 231-8660
info@auaequity.com

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