M&A
confidence high
sentiment positive
materiality 0.75
EVERTEC completes ~$148M purchase of 75% of Tecnobank; promotes Castrillo to COO, Cruz-Jusino to CFO
EVERTEC, Inc.
- Completed purchase of 75% of Tecnobank for BRL 787M (~$148M) on Oct 1, 2025.
- Tecnobank is a leading fintech vendor in Brazil's digital vehicle financing contract registration sector.
- Promoted Joaquín Castrillo to SEVP & COO; Karla Cruz-Jusino appointed EVP, CFO & Treasurer effective Nov 1, 2025.
- Diego Viglianco transitions from COO to EVP & Chief Information Officer effective same date.