The management team has acquired Referencia SAS
The management team has acquired Referencia SAS.
Referencia is the spin-off of Refinancia’s specialty finance unit. With 50 employees, the company offers three main products: Li$to, Fenalcheque and loan guarantees. Li$to's point of sale credits finances an underserved consumer credit market in Colombia. Fenalcheque guarantees post-dated checks to retailers, educational and financial institutions. Loan guarantees are offered to financial institutions on certain types of loans such as education financing. Referencia has an exclusive access to Colombia’s largest merchant network. Private customers benefit from having competitive financing without using up credit card limits while professionals are provided with alternative financing that allows them to increase sales.
Oaklins' team in Colombia acted as financial advisor in the specialty finance spin-off.
Talk to the deal team
Related deals
Banco 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 moreManolete Partners plc has completed a successful debt refinancing
Manolete Partners plc has signed a new revolving credit facility (RCF) with its existing provider, HSBC. The new RCF provides Manolete with the same level of facility as the previous arrangement, at US$22.6 million (£17.5 million), but with a reduced margin and lower non-utilization fee. The facility has a term of 3.25 years, with the option to extend for an additional year on the same terms.
Learn moreGenerali has expanded its footprint in Bulgaria by acquiring one of the top health insurers on the market
Doverie United Holding has successfully completed the sale of United Health Insurance Fund Doverie (Doverie) to Generali CEE Holding.
Learn more