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Arnold & Porter Advises Aquila on Acquisition of Financial Systems Company SAS

December 26, 2023

Arnold & Porter has advised Aquila, a global investment firm that focuses on acquiring and investing in software companies, on its acquisition of Financial Systems Company SAS ("FSC"), marking a significant development in the financial technology landscape of Latin America.

FSC, with a history dating back to 1994 and headquartered in Colombia, has extended its reach to Chile and Peru, establishing itself as a critical provider of omnichannel debt and credit collection technology. The company's solutions have been integral to optimizing the collection processes for a wide range of clients, including major banks, financial institutions, multinational corporations, and contact centers throughout Latin America.

With this acquisition, Aquila, a subsidiary of Constellation Software Inc., aims to enhance its position in the Latin American market, leveraging FSC's technology to expand its fintech offerings. FSC will continue to function as an autonomous business unit within Aquila, focusing on delivering high-quality debt and credit collection solutions.

The transaction, which concluded on November 21, was led by partner Carlos Lobo, associate Kristen Acosta, and attorney Ana Ramazzotti.