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News | 01.28.10

FinAccess International Consummates Sale

FinAccess International, Inc, ("FinAccess"), a registered investment advisor with operations in the United States and Mexico, consummated the sale of substantially all of its assets to FinAccess Inversiones, S.A.P.I. de C.V. on December 17, 2009. The transaction consisted of a restructuring of certain assets of FinAccess prior to closing and the sale to the buyer of the capital stock of FinAccess Mexico S.A., a wholly-owned operating subsidiary of FinAccess. The investment advisory business of FinAccess will continue to be operated under the new ownership. Morrison Cohen LLP represented FinAccess in the transaction.

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