Cloud-based software for SMEs

Goldman Sachs provided a multi-currency and multi- jurisdiction credit facility

In February 2022, Goldman Sachs provided a multi-currency and multi-jurisdiction credit facility to Siigo, a cloud-based enterprise resource planning software provider to small and medium enterprises (SMEs) in Colombia, Peru, Chile, Ecuador and Uruguay, to acquire Aspel, another ERP provider focused on SMEs in Mexico, making it a leader in Latin America for accounting and administrative software services for SMEs in the region.

Siigo delivers a mission-critical, cloud-based application software to SMEs across the Latin American region, having been previously recognized as the Microsoft Partner of the Year in Colombia, due to its innovation and advanced technology for small business reporting and accounting. Siigo’s product portfolio includes e-invoicing, inventory reconciliation, purchasing, payroll, point of sale, reporting and digital/eCommerce integrations for customers.