Crédito Real $70 million acquisition of 70% of InstaCredit

20/2/2016

Public acquisition

Value:

$ 70 million

Status:

Completed

Date:

20/2/2016

Overview:

Crédito Real has acquired a 70% stake in Maravalley Corporation (or Instacredit) for $70 million.
BLP Costa Rica (Vivian Liberman), Alemán Cordero Galindo & Lee (Eloy Alfaro) and Jones Day (Enrique J. Martin) advised the acquirer.
Sfera Legal (Eric Scharf Taitelbaum) advised the seller.

Rani Mehta - Journalist - Latin America

Jurisdictions:

Mexico
United States
Costa Rica
Nicaragua
Panama

Deal type:

Public acquisition

Practice area:

M&A

Industry sector:

Financial services

Firms:

Alemán Cordero Galindo & Lee

Party: Crédito Real (Acquirer)

BLP

Party: Crédito Real (Acquirer)

Jones Day

Party: Crédito Real (Acquirer)

Sfera

Party: InstaCredit (Seller)

Lawyer: Eric Scharf

Related deals