Vouga Abogados advised Las Ardenas S.A., part of Grupo Azeta, in the acquisition of Tigo Money, with the closing subject to regulatory approvals.

Grupo Azeta’s entry into this market will strengthen the development of the platform to meet demands for innovation and efficiency in the sector, thereby promoting financial inclusion for a large segment of the Paraguayan population.  

The Vouga Abogados team, led by partners Rodolfo G. Vouga and Manuel Acevedo, and comprising senior associate Cecilia Vera, associates Lucas Rolón, Belén Rodriguez, Camila Dutra, and other team members, was responsible for managing the legal and regulatory due diligence, drafting and negotiating the transaction documents, as well as advising on regulatory requirements before the Central Bank of Paraguay and the National Competition Commission.

At Vouga Abogados, we are proud to support strategic transactions of this magnitude, reaffirming our commitment to legal advisory in mergers and acquisitions, fintech, and financial regulation, while contributing to the development of the digital financial ecosystem in Paraguay.