Sygnus Credit Investments has bolstered its market position by acquiring Acrecent Financial Corporation, enhancing its portfolio and enabling better access to capital for middle-market companies across the Caribbean.

Target Information

Sygnus Credit Investments (SCI), established in July 2017, is the largest publicly traded private credit investment management firm in the English, Dutch, and Spanish-speaking Caribbean. Managed by Sygnus Capital Limited, a leading alternative investment management firm in the Caribbean, SCI boasts total Assets Under Management (AUM) exceeding $250 million, which includes assets from its recently completed acquisition of Acrecent Financial Corporation (AFC). In February 2022, SCI acquired AFC, one of the largest private credit firms in Puerto Rico, which represents a sizable $100 billion market within the Caribbean.

Since commencing operations, the combined entity has facilitated the origination and financing of over $440 million in capital for middle-market businesses across the Caribbean. SCI’s philosophy centers on accelerating the growth of middle-market companies throughout the region and providing an alternative channel for these enterprises to access capital for expansion and growth.

Industry Overview

The Caribbean credit investment landscape is increasingly pivotal for the regional economy, driven by the demand for accessible capital among middle-market companies. With over 20 million people inhabiting several island nations,