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.
- Industry
- Financial Services
- Location
- Mexico City, Mexico
- Transaction Type
- Addon
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