In 1951, the economist, Carlos Acedo Mendoza, organized a partnership under the name of CARLOS ACEDO MENDOZA & CIA.

In November 24, 1952, Casimiro Vegas became a partner of the firm. The company continued operating under the name of ACEDO MENDOZA & CIA., until October 1955, when it changed its name to ACEDO MENDOZA Y VEGAS.

In 1955, the following professionals in economics and finances areas became partners in the firm:

Francisco Sucre Z., Carlos Urdaneta Finucci, Pedro Vegas Rolando, Pedro M. Maal, Guillermo Hernández Roura and Mauricio García Araujo, the latter as a representative of the offices, located in the city of Maracaibo.

Consultores Económicos Carlos Acedo Mendoza y Asociados "CONECAM C.A.", a consulting company of the Acedo Mendoza Group, was organized in March, 1975. In March 1975, Carlos Acedo Mendoza Economic Consultants and Associates' CA CONECAM ", a consulting company of Acedo Mendoza Group, is constituted

Engineers Verónica Ferrari and Lorenzo Olivares are partners and Bernardo Bentata, director .

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