Adding a Costa Rican Entity to the Group

Axion Capital has brought an established Costa Rican entity into the group. It is the latest step in an expansion that has been under way across Latin America for some time.

The acquisition gives the group an operating base in the region rather than a presence managed from a distance. Local operations, local relationships and local rails all matter more in this market than a name on a website, and buying an established entity delivers them from day one.

Part of a wider footprint

The group had already secured payment rails across the region before this acquisition. Bringing the entity into the group connects those rails to an operating company on the ground, and sets up the next stage of what the group intends to do there.

Expansion of this kind is deliberate. The group buys established businesses where they strengthen the whole, and builds where nothing worth buying exists.