Te Creemos Holding Acquires Loan Portfolio and Assets of Financiera Finsol

October 9, 2020

Te Creemos Holding, a PC Capital portfolio company, acquired the loan portfolio and certain operating assets of Financiera Finsol (a subsidiary of Financiera Independencia). The deal strengthens Te Creemos's position as Mexico's largest private microfinance lender—bringing its gross loan portfolio to about MXN 5,450 million and supporting continued market consolidation and growth.

Buyers
Te Creemos Holding, S.A.P.I. de C.V. (Te Creemos), PC Capital
Targets
Financiera Finsol, S.A. de C.V., SOFOM, E.N.R.
Sellers
Financiera Independencia, S.A.B. de C.V., SOFOM, E.N.R.
Platforms
Te Creemos Holding, S.A.P.I. de C.V.
Location
Mexico City, Mexico
Transaction Type
Addon

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