Stake Purchase • Financial Services

Grupo Perinversiones S.A. de C.V. Invests In Banco Azteca El Salvador S.A.

On June 25, 2019, Grupo Perinversiones S.A. de C.V. invested in financial services company Banco Azteca El Salvador S.A. from Grupo Elektra S.A.B. de C.V.

Investment Context
  • This is Grupo Perinversiones S.A. de C.V.’s 1st transaction in the Financial Services sector.
  • This is Grupo Perinversiones S.A. de C.V.’s 1st transaction in El Salvador.

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Investment Summary

Date June 25, 2019
Target Banco Azteca El Salvador S.A.
Sector Financial Services
Investor(s) Grupo Perinversiones S.A. de C.V.
Sellers(s) Grupo Elektra S.A.B. de C.V.
Deal Type Stake Purchase

Target Company

Banco Azteca El Salvador S.A.

El Salvador
Banco Azteca El Salvador S.A. offers financial services to sectors unattended by traditional banking, and provides enhanced access to banking and credit to large segments of the population.
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Investor Overview 1

Investor
DESCRIPTION

Grupo Perinversiones, S.A. de C.V. is a holding of Grupo Salume focused on providing financial services.


Deal Context for Investor #
Overall 1 of 1
Sector: Financial Services 1 of 1
Type: Stake Purchase 1 of 1
Country: El Salvador 1 of 1
Year: 2019 1 of 1

Seller Profile 1

SELLER

Grupo Elektra S.A.B. de C.V.

Mexico City, Mexico

Category Company
Founded 1906
Sector Financial Services
Employees72,773
DESCRIPTION

Grupo Elektra, S.A.B. de C.V. is a financial services company and specialty retailer and the largest non-bank provider of cash advance services in the United States.


Deal Context for Seller #
Overall 1 of 1
Sector: Financial Services 1 of 1
Type: Stake Purchase 1 of 1
Country: El Salvador 1 of 1
Year: 2019 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-14 Blockbuster de México S.A. de C.V

Mexico City, Mexico

Blockbuster de México, S.A. de C.V is a provider of video rental services.

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