EVERTEC Acquires BBR SpA
July 1, 2022
EVERTEC, Inc. has completed the acquisition of 100% of the outstanding shares of BBR SpA, a Santiago-based payment solutions and business technology company, for CLP 48,600 million (approximately USD $53 million). The announcement also confirmed extensions and modifications to commercial agreements between EVERTEC and Banco Popular of Puerto Rico (Popular), while the BBR acquisition expands EVERTEC's footprint in Latin America (Chile and Peru).
- Buyers
- EVERTEC, Inc.
- Targets
- BBR SpA
- Industry
- Payments & Fintech
- Location
- Santiago Metropolitan Region, Chile
- Transaction Type
- Buyout
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