M&A and Strategic Advisory | Climate Finance
Acquisition of Acrecent Financial Corporation
Sygnus Capital Management and its affiliates (“Sygnus”) is one of the Caribbean’s leading alternative investment management companies spanning private credit, real estate, and private equity. Sygnus manages Sygnus Credit Investments Limited (“SCI”), which is listed on the Jamaica Stock Exchange and is the largest private credit investment company in the English-speaking Caribbean. SCI offers customized, alternative financing solutions to medium-sized businesses in the region.
Pan American Finance acted as co-advisor in SCI’s acquisition of Acrecent Financial Corporation (“AFC”). AFC is a licensed financing and leasing company focused primarily on the senior secured private credit market for small and middle-market businesses in Puerto Rico. AFC has a private credit portfolio of US$60 million and assets under administration of US$125 million.