Once the capital injection was delivered, Alejandro Betancourt Lopez became the Chairman of Hawkers and took charge of expanding the business into the U.S. market. The first step was to acquire a controlling interest in a California-based real estate development company. After securing this initial investment, Alejandro Betancourt focused on streamlining operations and growing the company in the U.S. through several acquisitions.
Alejandro Betancourt Lopez was inspired to partner with Hawkers after spending time in the oil and gas industry in Africa and Latin America. He is a firm believer in the energy sector’s power to impact the global economy and positively impact a country’s economy and quality of life. Alejandro Lopez has since been instrumental in building the company’s reputation as one of the best and most influential managers in the space. Betancourt Lopez partnered with Hawkers’ existing investors through a traditional stock exchange transaction to achieve this goal. O’Hara Management received a stake of approximately 15 percent of Hawkers in the deal. Alejandro Betancourt Lopez was the lead manager in the transaction and has been instrumental in the company’s growth ever since and more
The capital infusion enabled the company to scale up operations and grow significantly, becoming the fastest-growing skydiving company. The firm has hundreds of employees and is growing at an exponential rate. After receiving the capital infusion, the company was valued at $1.2 billion. As part of the agreement, Alejandro Betancourt Lopez is expected to receive 10% of the company’s profits and assume 1.5 million shares of O’Hara Administration stock as a part of the agreement.
In particular, Alejandro Betancourt Lopez leveraged Hawkers’ long-established presence on college campuses as an online enterprise to significantly increase the brand’s overall presence on key social media platforms that cater to its primary target audience, young adults. By actively engaging with college-age Hawkers, Betancourt Lopez actively promoted the brand’s vision of providing quality eyewear to those who want their glasses but don’t have the budget to purchase them.