United Group, an established financial services provider, agreed to acquire Banco di Caribe, a financial services firm, from ENNIA Caribe, an insurance firm. Financial terms were not disclosed. "This acquisition enables us to accelerate United's growth strategy and broaden our service area. The combined expertise and scale of Banco di Caribe and United will broaden the range of services offered to existing Banco di Caribe and United clients, and United's international network will generate new client potential and drive further growth for both United and Banco di Caribe," Gregory Elias, United President.