Market: Uruguay

Insigneo buys Citigroup’s Uruguayan wealth management branch

Miami-based financial services group Insigneo has hired Ferrere (Uruguay) to acquire 100% of the equity interest in Citigroup’s wealth management division in Uruguay and Puerto Rico.

12 January 2022

Uruguayan real estate company raises funds for gated community

Bado Kuster Zerbino & Rachetti has helped Uruguayan real estate investor La Tahona Inversiones issue notes worth US$40 million to finance the construction of four gated communities in Montevideo.

11 January 2022

Uruguayan airport operator completes exchange offer

Several firms have advised on a bond exchange and new notes issuance by Uruguayan ACI Airport Sudamérica, as well as the airport operator’s concession extension to operate Montevideo’s international Carrasco airport.

10 December 2021

IDB Invest backs private placement by Uruguayan dairy trust

A Uruguayan trust focused on funding investments in local dairy producers has enlisted Posadas, Posadas & Vecino to make a private placement worth US$40 million.

03 December 2021

Landmark Uruguayan tech M&A calls on multiple LatAm firms

US digital consultancy company Perficient has hired PricewaterhouseCoopers (PwC) in Buenos Aires, Santiago and Montevideo and Colombian firm CUVAL Abogados to acquire Uruguayan software development business Overactive for US$101 million, obtaining assets in several Latin American jurisdictions.

15 November 2021

Uruguayan firms help software company enter South America

International software group Jonas Software has enlisted Ferrere (Uruguay) to acquire local IT companies GeneXus Consulting and K2B, marking its entry into South America.

05 November 2021

Chinese food company sells Uruguayan assets

Chinese state-owned food processing company Cofco International has hired Guyer & Regules to sell its Uruguayan business to local company Sulten.

28 October 2021

Guyer & Regules and Ferrere in CAF-backed motorway financing

Guyer & Regules has helped Uruguayan construction company Grupo Vial Oriental obtain a US$73 million loan to finance a motorway project.

26 October 2021

Ferrere steers largest private company issuance in Uruguay

Ferrere (Uruguay) has helped local retailer Ta-Ta raise US$100 million in a local debt issuance.

22 October 2021

Wind farms get loan to cancel debt in Uruguay

Cuatrecasas in Madrid and Ferrere (Uruguay) have helped two wind farms in Uruguay operated by Spanish energy company Alarde obtain a loan to refinance and cancel an existing debt facility.

19 October 2021

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