Holland & Knight Advises Trivest Partners on Investment in FinTech Leader Veritran
MIAMI (September 8, 2021) – Holland & Knight advised Trivest Growth Investment Fund II (TGIF II) on its strategic growth investment in Veritran, Inc., a leading global FinTech low-code software provider. The transaction closed in August.
TGIF II is managed by Trivest Partners LP, a Coral Gables, Fl.-based private-equity firm. Trivest focuses exclusively on supporting and growing founder and family-owned businesses. Since its founding in 1981, Trivest has completed more than 300 investments, totaling approximately $7 billion in value.
Veritran is headquartered in Buenos Aires, Argentina, with 12 global offices including in New York, Miami and São Paulo. In an increasingly virtual world, Veritran’s digital transformation offering facilitates mobile banking, digital wallet and biometric identification. Some of its clients include Banorte, ItalBank International and Grupo Financiero Bantrab.
Holland & Knight Partners Danielle Price, Enrique Conde and Sean Tevel and Associate Allison Lehn led the firm's representation of Trivest. They were assisted by Partners Eugenio Grageda, Ariadna Alvarez, Juan Carlos Valencia, Leslie Palma and Elizabeth Burkhard; Senior Counsel Selene Espinosa, Rafael Lafont Castillo and Christine Gay; and Associates Alexa Cosio, Maria Rueda, Carolina Castro de la Torre and Maria Pineda Valero.
Beccar Varela in Argentina provided local counsel to Trivest. More information about the transaction can be found here.
In 2020 Holland & Knight also represented Trivest on its investment in Unosquare, an outsourced software engineering and development company with more than 600 employees across Mexico, Bolivia, Argentina, Colombia, and the UK.