Grupo Supervielle S.A.’s $38.5 Million Acquisition of 100 % stake in InvertirOnline S.A.

Errecondo, Gonzalez & Funes and Estudio Garrido advised on the deal

Grupo Supervielle S.A. finalized the acquisition of 100% stake in InvertirOnline S.A. and Argentina S.A., for $38,5 Million.

Grupo Supervielle SA owns and operates commercial banks. The Company, led by Julio Patricio Supervielle, Alejandra Naughton and Jose Luis Panero, offers credit, depository, and financial services. In 2017, Grupo Supervielle SA recorded $1.268 Million Revenues. Argentina S.A. provides online trading and financial consulting services. The company offers Internet based fiscal transactions, trading, investment reviews, economic research, and financial decision support services.

Errecondo, Gonzalez & Funes advised Grupo Supervielle S.A. with Saturnino Funes (Picture), Lucrecia Moreira Savino, Mario Segers, Delfina Aira and Pedro Torassa.

Estudio Garrido Abogados advised InvertirOnline S.A. and Argentina S.A. with Gustavo Garrido, Raúl Granillo Ocampo (h), María Marta Cancio and Francisco Ruiz Guiñazú.

Involved fees earner: Gustavo Garrido – Estudio Garrido; Raúl Granillo Ocampo (h) – Estudio Garrido; Francisco Ruiz Guiñazú – Estudio Garrido; María Marta Cancio – Estudio Garrido; Saturnino Funes – Errecondo, Gonzalez & Funes ;

Law Firms: Estudio Garrido; Errecondo, Gonzalez & Funes ;

Clients: Grupo Supervielle S.A. ; Argentina S.A.;