Following approval by the Central Bank of Uruguay and the Montevideo Stock Exchange, Balanz announced in a statement the completion of the acquisition of 100% of the shares of Corporación de Inversiones Uruguay Sociedad de Bolsa S.A. (CIU). With this, the firm founded in Argentina marks a new milestone in 2025, the year in which it reached $10 billion in assets under management.
“This acquisition marks a milestone in Balanz’s expansion strategy in the country, establishing itself as a Full Investment House offering a comprehensive range of financial services,” the statement added.
With this integration, its operational capacity is expanded by incorporating the licenses of Securities Broker, Portfolio Manager, and Stockbroker. This structure enables the firm to provide comprehensive solutions in financial advisory, investment management, and brokerage operations, both locally and internationally.
Additionally, the firm has intensified its expansion in Uruguay through the enlargement of its offices and the hiring of local talent.
“It is a great pleasure and joy to share this news, which undoubtedly reflects the teamwork we’ve been doing in Uruguay,” said Juan José Varela, CEO of Balanz Uruguay.
Balanz is a company that, in recent years, has made significant investments in technology: “This focus has been key to democratizing access to investments and offering financial solutions tailored to each client’s needs. In Uruguay, its consolidation as a Full Investment House is expected to drive the full evolution of the investment market, through improvements in infrastructure and adaptability to user needs,” the company stated.
Balanz has over 20 years of experience in the capital markets, with a presence in Argentina, the United States, the United Kingdom, Panama, and Uruguay. It serves more than 1,000,000 clients and recently achieved a historic milestone by surpassing $10 billion in assets under management (AUM).
