A predecessor of Macanta first invested in Trilogy International Partners LLC (www.trilogy-international.com) in 2006, and then invested in several follow on rounds.
In 2016, Trilogy announced a merger with Alignvest Acquisition Corporation, a special purpose acquisition corporation (or SPAC) and is now traded on the Canadian stock exchange (TSX: TRL). The Macanta affiliate has purchased TRL stock in the market and today approximately owns 2.5% of the company. Trilogy operates wireless communications networks in markets where unmet demand presents a significant opportunity for growth, operating today principally in New Zealand and Bolivia.
Trilogy was founded by the senior members of the management team of Western Wireless and Voicestream, companies where Terry served on the Board of Directors beginning in 1992. Terry was deeply familiar with the business model and the capabilities of the management team.