Banco Voiter and Banco Letsbank have been acquired by Banco Master
Banco Voiter and Banco Letsbank have been sold to Banco Master.
Banco Voiter is a 45-year-old financial institution headquartered in São Paulo, Brazil, with total assets of approximately US$800 million and a shareholders’ equity of nearly US$86 million. The bank is focused on corporate banking, with total loans of approximately US$340 million. Banco Letsbank is a digital banking provider specializing in financial solutions for small- and medium-sized businesses.
Banco Master is a privately owned financial institution headquartered in Brazil with US$5.5 billion in total assets and US$380 million in shareholders’ equity, offering a broad range of financial services, including lending payroll loans and corporate finance.
One of Oaklins’ teams in Brazil acted as the exclusive financial advisor to the seller in this transaction.
Talk to the deal team
Richard Rainer
Oaklins Olimpia Partners
Related deals
Tabula Investment Management has been acquired by Janus Henderson Group plc
Tabula Investment Management has been sold to Janus Henderson Group plc. The deal builds on Janus Henderson’s extremely successful active fixed income ETF proposition in the US, where it is the fourth largest provider of active fixed income ETFs by assets under management. The transaction is expected to complete in the second quarter of 2024, subject to usual closing conditions, including regulatory approvals.
Learn moreBank of Georgia Group PLC has acquired Ameriabank CJSC
Bank of Georgia Group plc (BOGG) has acquired Ameriabank CJSC, a leading universal bank in Armenia, significantly enhancing BOGG’s presence and growth opportunities within a fast-growing and attractive market.
Learn moreInfotreasury has been sold to Matera
Matera, a leading banking software company with world-class instant payments and core banking solutions, has acquired Infotreasury.
Learn more