The management team has acquired Refinancia SAS
The management team has acquired Refinancia SAS. Financial details shave not been disclosed.
Refinancia SAS provides credit management services. It purchases and manages non-performing loans (NPL) and consumer debt portfolios in Colombia and Peru, with over 40% of market share. Refinancia has deployed over US$150 million of capital in NPLs since inception, which represent more than 160 portfolios. The company also offers its servicing and collection solutions to top banks in Colombia, as well as to specialty finance businesses. With over 800 employees, Refinancia expects revenues of around US$25 million in 2019.
Oaklins' team in Colombia advised the management team in this transaction.
Talk to the deal team
Related deals
Banco W has been acquired by Fundación Grupo Social
Fundación Grupo Social has successfully completed the acquisition of a 51% stake in Banco W, becoming its majority shareholder.
Learn moreAn affiliate of CCW Safe, LLC has acquired US Legal Services, Inc.
An affiliate of CCW Safe, LLC has successfully acquired US Legal Services, Inc. (USL). This acquisition marks a significant milestone in the buyer’s growth strategy, providing a scalable platform to expand access to innovative legal service solutions.
Learn moreBanco BPM Vita S.p.A. has launched a voluntary public tender offer for Anima Holding S.p.A.
Banco BPM Vita S.p.A. has initiated a voluntary public tender offer for the shares of Anima Holding S.p.A.
Learn more