Tanner Servicios Financieros S.A.
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Tanner Servicios Financieros S.A. - overview
Established
1993
Location
Santiago, -, Chile
Primary Industry
Financial Services
About
Tanner Servicios Financieros S. A. is a Chilean financial services firm specializing in a range of products including automotive financing, insurance, and cash flow solutions for businesses and consumers. Founded in 1993, Tanner Servicios Financieros S.
A. operates out of Santiago, Chile, providing a diverse array of financial services. The company has executed a total of 3 deals, with its latest significant investment coming from Capital Group Private Markets in October 2013, where USD 200 mn was raised to support growth initiatives. The CEO, Derek Sassoon, leads the company in enhancing its service offerings and market reach.
Tanner offers a comprehensive suite of financial products and services designed to meet the diverse needs of both individual consumers and businesses. Its core offerings include automotive financing for new and used vehicles, tailored financing solutions for small and medium-sized enterprises (SMEs) through factoring services, and various insurance products including mandatory car insurance, life and health insurance. Tanner's client base spans various sectors across Chile, focusing on enhancing the financial capabilities of individuals and businesses in both urban and rural markets. In the year 2023, Tanner generated a revenue of USD 321.
34 mn, with an EBITDA of USD 60. 61 mn. The company's revenue model involves B2B and direct-to-consumer transactions, particularly in automotive financing and insurance services, ensuring efficient capital flow and risk management for its users. With the USD 200 mn raised from Capital International in October 2013, Tanner Servicios Financieros S.
A. is focusing on expanding its product offerings and entering new markets. The firm plans to launch innovative financial products designed to attract a wider client base by 2024. Additionally, Tanner is looking to expand its presence in other regions of Latin America, aiming for a market entry strategy by 2025.
The company is committed to utilizing its recent funding to enhance its operational capabilities and customer reach.
Current Investors
Capital Group Private Markets
Primary Industry
Financial Services
Sub Industries
Consumer Finance, Insurance Intermediaries
Website
www.tanner.cl
Company Stage
Mature
Total Amount Raised
Subscriber access only
Tanner Servicios Financieros S.A. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Debt | Completed | Tanner Servicios Financieros S.A. | - | ||||||||
| Private Debt | Completed | Tanner Servicios Financieros S.A. | - | ||||||||
| Growth | Completed | Tanner Servicios Financieros S.A. | - |
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