Andina Acquisition Corporation II (AAC II) is a U.S. publicly traded company (NASDAQ: ANDAU). In November 2015, we raised $40 million in equity through the sale of 4.0 million units for the purpose of making a minority investment in a private company.

We aim to find and invest in a fast-growing private company in the Americas and help it unlock unrealized growth potential via a listing on the NASDAQ. For the target company, a NASDAQ listing will open up broad new sources of capital at a reduced cost, and can facilitate geographic expansion and consolidation strategies.

AAC II seeks to repeat the successful business combination between Andina Acquisition Corporation I (AAC I) and Tecnoglass Inc, which was executed in 2013. (NASDAQ: TGLS). As a public entity, Tecnoglass has outperformed its initial growth objectives and was the best performing SPAC in the world in the 2010-2015 period.

Portfolio

Team

Portfolio

Andina Acquisition Corporation II (AAC II) is the second operation of this management team. In March 2012, we raised USD42mn from the sale of 4.2 million units under Andina Acquisition Corporation I (AAC I) and signed a definitive agreement to merge with Tecnoglass (TGLS) in August 2013. The business combination was valued at approximately $313million on a pro forma fully diluted basis (9X 2013E adjusted EBITDA).

The merger with Tecnoglass has been highly successful both for investors (see TGLS stock price) as well as for the company. In specific, benefits to the company have included:

  • US public listing increased ten times TGLS US performance bonding capacity
  • LTM adjusted EBITDA jumped from USD27m as of June 2013 to USD52m in June 2015
  • US revenues rose from c30% of total revenues in fiscal year 2012 to c60% by June 2015

Live graph of TGLS stock price

Investor Relations

Investor Conference Call on Business Combination with Lazydays

On November 1, 2017 we held an investor conference call to announce the merger between Andina Acquisition Corporation II and Lazydays. For further information please see below links to access Transcript and Audio Recording of the call, as well as an accompanying Powerpoint Presentation.

Download presentation


Listen to the conference audio



Download call trasncript

News

Andina Acquisition Corp. II Announces Agreement to Acquire Lazydays R.V. Center, Inc.

NEW YORK & TAMPA, Fla.--(BUSINESS WIRE)--Andina Acquisition Corp. II (“Andina”) (NASDAQ: ANDAU, ANDA, ANDAR, ANDAW), a special purpose acquisition company formed for the purpose of effecting a merger, acquisition or similar business combination, announced today that it has entered into a definitive agreement to acquire Tampa-based Lazydays R.V. Center, Inc. and its affiliates (“Lazydays” or the “Company”) from private investment funds managed by Wayzata Investment Partners LLC (“Wayzata) and other minority shareholders (collectively, the “Seller Group”)…

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News

Andina Acquisition Corp. II announces closing of Initial Public Offering

(BUSINESS WIRE)--Andina Acquisition Corp. II (NASDAQ:ANDAU) (the “Company”) announced today that it has completed its initial public offering of 4,000,000 units. Each unit consists of one ordinary share, par value $.0001 per share, one right to receive one-seventh of one ordinary share upon consummation of an initial business combination and one warrant entitling the holder to purchase one-half of one ordinary share at a price of $11.50 per full share commencing on the later of the Company’s completion of its initial business combination or November 24, 2016…

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News

Andina Acquisition Corporation completa su fusión con Tecnoglass

BUSINESS WIRE)--Andina Acquisition Corporation (NASDAQ: ANDA; ANDAW) (“Andina”) hoy anunció el cierre de su función con la empresa privada Tecnoglass, Inc. tras la recibir la aprobación de los accionistas en la Asamblea General Extraordinaria de Accionistas de Andina que se llevó a cabo hoy en la ciudad de Nueva York…

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Securities

Andina Acquisition Corporation II units are traded on Nasdaq under the symbol ANDAU.




SEC Fillings

Access and review the company’s SEC filings for more details
about Andina Acquisition Corporation II and its recent activities:

Form Description Date Format
SC 13GSC 13G - Statement of acquisition of beneficial ownership by individuals
Acc-no:0000930413-17-003861 (34 Act) Size:73 KB
2017-11-22005-89199
171220566
SC 13G/ASC 13G/A [Amend] - Statement of acquisition of beneficial ownership by individuals
Acc-no:0001062993-17-004795 (34 Act) Size:24 KB
2017-11-13005-89199
171193149
425425 - Prospectuses and communications, business combinations
Acc-no:0001493152-17-012347 (34 Act) Size:4 MB
2017-11-02001-37628
171172565
8-K8-K - Current report
Acc-no:0001493152-17-012346 (34 Act) Size:4 MB
2017-11-02001-37628
171172555
425425 - Prospectuses and communications, business combinations
Acc-no:0001493152-17-012344 (34 Act) Size:137 KB
2017-11-02001-37628
171172539
8-K8-K - Current report
Acc-no:0001493152-17-012345 (34 Act) Size:137 KB
2017-11-02001-37628
171172540
8-K8-K - Current report
Acc-no:0001493152-17-012242 (34 Act) Size:7 MB
2017-11-01001-37628
171167225
8-K8-K - Current report
Acc-no:0001493152-17-012241 (34 Act) Size:34 KB
2017-11-01001-37628
171167218
8-K8-K - Current report
Acc-no:0001493152-17-012157 (34 Act) Size:990 KB
2017-10-30001-37628
171161554
10-Q10-Q - Quarterly report [Sections 13 or 15(d)]
Acc-no:0001493152-17-011666 (34 Act) Size:1 MB
2017-10-16001-37628
171138979