Vulcan Capital and Freedom Financial Network, LLC acquired an unknown minority stake in Soluciones Integrales JAZOVE, S.A.P.I. de C.V. from Crédito Real, S.A.B. de C.V., Sociedad Financiera de Objeto Múltiple, Entidad No Regulada (BMV:CREAL *).
January 21, 2021
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Vulcan Capital and Freedom Financial Network, LLC acquired an unknown minority stake in Soluciones Integrales JAZOVE, S.A.P.I. de C.V. from Crédito Real, S.A.B. de C.V., Sociedad Financiera de Objeto Múltiple, Entidad No Regulada (BMV:CREAL *) on January 22, 2021. Raúl Fernández Briseño of Mayer Brown acted as legal advisor to Alloy Financial Services. Andrés Cárdenas Ortiz Monasterio of Cárdenas Ortiz Monasterio acted as legal advisor to DILA Capital III, L.P. Juan Pablo Visoso of SMPS Legal acted as legal advisor to Crédito Real, S.A.B. de C.V., Sociedad Financiera de Objeto Múltiple, Entidad No Regulada. José Ignacio Rivero Andere of Gonzalez Calvillo acted as legal advisor to Soluciones Integrales JAZOVE, S.A.P.I. de C.V. Gabriela Pérez Sierra from Mexico office, Víctor Chiquero Mielgo from Spain office and Andrés Ordoñez Rizo from Colombia office of Garrigues acted as legal advisors to Vulcan Capital and Freedom Financial Network, LLC.
Vulcan Capital and Freedom Financial Network, LLC completed the acquisition of an unknown minority stake in Soluciones Integrales JAZOVE, S.A.P.I. de C.V. from Crédito Real, S.A.B. de C.V., Sociedad Financiera de Objeto Múltiple, Entidad No Regulada (BMV:CREAL *) on January 22, 2021.
Credito Real SAB de CV SOFOM ENR, formerly known as Credito Real SAB de CV Sofom ER, is a Mexico-based company that provides consumer financing. The Company provides loans, either by providing direct financing to consumers or by establishing financing programs with consumer financing dealers that sell to Credito Real the collection rights from consumer financing products. Additionally, It provides financing directly to individuals that are employed by corporations with payroll deduction agreements with consumer financing dealers authorized by Credito Real. It operates through a number of subsidiaries, including AFS Acceptance LLC.
Vulcan Capital and Freedom Financial Network, LLC acquired an unknown minority stake in Soluciones Integrales JAZOVE, S.A.P.I. de C.V. from Crédito Real, S.A.B. de C.V., Sociedad Financiera de Objeto Múltiple, Entidad No Regulada (BMV: CREAL *).