BOGOTÁ, June 19, 2013 – After a year of extensive negotiations, Advent International, one of the largest and most experienced firms dedicated solely to private equity with more than 29 years of experience, and Organización Delima, a firm with more than 60 years of experience with success in insurance brokerage and financial services among other sectors, today announced a strategic alliance.

The agreement to acquire 50% of Alianza Fiduciaria, subscribed today, represents the first step of the process by which Advent International will become a shareholder in Alianza Fiduciaria and Alianza Valores.

This agreement will support the continued growth of these two leading companies in the financial services sector in Colombia. Additionally, it will strengthen Alianza Fiduciaria’s position both domestically and regionally, given Advent’s presence in Latin America, expertise in the financial sector, global scope and financial strength. For example, Alianza Fiduciaria will now have access to Advent’s market intelligence and valuable business networks.

“Achieving this agreement with Advent is an important step toward strengthening Alianza Fiduciaria’s presence in the Colombian market, and it also opens the opportunity to expand regionally in the near future,” said Ernesto de Lima, President of Organización Delima. “Our new partnership with an investor that has such a successful track record is very important for our country and our industry, especially our clients and employees, who will be able to benefit from the expertise that Advent brings to the table. Additionally we are pleased to announce today that we begin this new venture with the potential to incorporate Alianza Valores to this partnership in a second phase that is currently under advanced negotiations.”

The closing of the Alianza Fiduciaria transaction is subject to the ordinary conditions set forth in such contracts, including, in particular, the approval by the local financial regulator Superintendencia Financiera de Colombia.

“At Advent International, we invest in companies poised for high growth with superior operating, ethical and administrative standards,” commented Mauricio Salgar, Managing Director at Advent International in Colombia. “Our experience over the past 29 years, in addition to our global footprint, comprising over 170 investment professionals across four continents, allows us to add value in supporting the business strategy of the companies in which we invest. We recognize Alianza Fiduciaria’s solid business model and talented workforce with whom we will work to take this partnership to the next level. We are pleased to have joined forces with such a well-regarded and successful partner as Organización Delima. This agreement reinforces Advent’s commitment to investing in Colombia and supporting growth in sectors where we have ample experience both regionally and globally.”