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Announced

CFG Partners to acquire Colombian assets of Alpha Capital and Vive Créditos Kusida for $135m.

Synopsis

CFG Partners, a digitally evolving branch-based consumer finance company, agreed to acquire Colombian assets of Alpha Capital, a technology-enabled, financial services company, and Vive Créditos Kusida, a financial entity specialized in payroll loans, for $135m. "We are pleased to announce the acquisition of Alpha's Colombian Loan Portfolio, which will accelerate the strategic geographic expansion of our operations into Colombia which will now become an important growth driver for CFG," Oriol Segarra, CFG Partners President and CEO.

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