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New Deal


Announced

L Catterton to acquire a minority stake in Crediclub.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Mexico

Private Equity

Pending

lending platform

Cross Border

Private

Friendly

Single Bidder

Consumer Lending

Minority

Synopsis

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L Catterton, a private equity firm, agreed to acquire a minority stake in Crediclub, a lending platform. Financial terms were not disclosed. "With the development of innovative financial services tailored to the needs of the underbanked Mexican consumer, Crediclub has become a powerful alternative to traditional banks. Our partnership with L Catterton will allow us to significantly grow and scale our business further, while preserving the quality and customer experience that set us apart," Juan Francisco Fernández, Crediclub CEO and Co-Founder.

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