Bahlam Capital (“Bahlam”), a Central American-based private equity firm focused on transformational growth opportunities, announced that it provided growth capital in the form of a mezzanine loan to Doselva Public Benefit Corporation (“Doselva” or “the Company”).
Since the investment, Doselva has continued to expand its operations across Nicaragua and Honduras, sourcing organic turmeric, ginger, cardamom, allspice, lemongrass, and vanilla from hundreds of smallholder farmers. The Company aggregates, processes, and exports these spices to leading U.S. brands. With a focus on traceability, quality, and sustainability, Doselva has earned a reputation as a trusted supplier to blue-chip buyers. In a region where agricultural value chains are often fragmented and opaque, Doselva’s vertically-integrated model offers a rare combination of reliability, scale, and impact.
Beyond its role as a reliable exporter, Doselva creates meaningful impact by helping farmers earn significantly higher incomes than they would with traditional crops. The Company also provides technical training and agronomic support, helping farmers adopt more sustainable and productive practices.
“We look for companies that have demonstrated resilience in challenging environments, and Doselva is a great example of that,” said Michael Barjum, Managing Partner at Bahlam Capital. “We know how difficult it can be to operate in Central America and backing entrepreneurs like Jefferson is one of the reasons we launched Bahlam.”
Jefferson Shriver, CEO of Doselva, commented, “Bahlam’s operating experience and strong network in Central America made them an ideal partner. Having local fund managers who understand the region’s challenges and opportunities is critical for businesses like ours.”
This is Bahlam’s first investment in Nicaragua. The firm continues to deepen its footprint across the region through targeted investments that combine operational rigor with long-term development potential.
“We remain deeply committed to Central America and firmly believe that private capital—applied strategically—is vital to the region’s development,” added Barjum. “Investors occasionally ask us whether Bahlam is impact-focused or return-driven. Bahlam is a commercial fund manager first, but our track record shows that generating strong returns and fostering positive impact are not mutually exclusive endeavors. Our investment in Doselva is proof of that.”
About Doselva
Founded in 2017, Doselva is dedicated to producing and exporting high-quality organic spices from Central America. Working with over 300 smallholder farmers, the company promotes regenerative agroforestry practices by offering technical support, inputs, and guaranteed market access. Doselva’s model improves rural livelihoods while advancing sustainable agriculture. For more: doselva.com.
About Bahlam Capital
Founded in 2023, Bahlam provides transformational capital to mid-sized companies across Central America. The firm identifies, funds, and executes on the most promising growth opportunities for companies in the region. Bahlam seeks businesses at an inflection point, eager to expand their commercial offering or move up the value-creation chain, focusing on four main sectors: business services, consumer, manufacturing, and agro-processing. The firm combines operational rigor with local insights to drive value. Bahlam has offices in Tegucigalpa, Honduras, and Boston, Massachusetts. For more: bahlamcapital.com or follow us at linkedin.com/company/bahlamcapital.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250731545902/en/
Having local fund managers who understand the region’s challenges and opportunities is critical for businesses like ours.