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Catalítico completes the sale of its stake in Xuma and accelerates its business expansion
CO💼 Business4 hr. ago

Catalítico completes the sale of its stake in Xuma and accelerates its business expansion

Catalítico has announced the sale of its stake in Xuma to Grupo Ilao, marking the fourth successful divestiture within the business ecosystem founded by Cristian Verbel. The transaction, set to finalize on August 1, 2026, aligns with Catalítico’s strategy of building, scaling, and transferring high-potential companies. Xuma was established in 2020 to revolutionize the affinity insurance market through technology and data analytics. Over five years, Xuma grew from 89,000 to 1.7 million insured clients, expanded from 10 to 15 regions, and increased revenue eightfold. Grupo Ilao, one of Colombia’s top five insurance intermediaries, plans to strengthen Xuma’s position and expand its growth potential in the Colombian market. Following this deal, Catalítico will focus on developing its eight-company ecosystem across sectors like media, technology, health, fintech, and business services. Additionally, the organization confirmed progress on constructing the Torre Catalítico skyscraper in Barranquilla, which will serve as the group’s operational hub alongside new investments.

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Semana logoSemanaIndependentCenter4 hr. ago
Catalítico completes the sale of its stake in Xuma and accelerates its business expansion

Catalítico has announced the sale of its stake in Xuma to Grupo Ilao, marking the fourth successful divestiture within the business ecosystem founded by Cristian Verbel. The transaction, set to finalize on August 1, 2026, aligns with Catalítico’s strategy of building, scaling, and transferring high-potential companies. Xuma was established in 2020 to revolutionize the affinity insurance market through technology and data analytics. Over five years, Xuma grew from 89,000 to 1.7 million insured clients, expanded from 10 to 15 regions, and increased revenue eightfold. Grupo Ilao, one of Colombia’s top five insurance intermediaries, plans to strengthen Xuma’s position and expand its growth potential in the Colombian market. Following this deal, Catalítico will focus on developing its eight-company ecosystem across sectors like media, technology, health, fintech, and business services. Additionally, the organization confirmed progress on constructing the Torre Catalítico skyscraper in Barranquilla, which will serve as the group’s operational hub alongside new investments.

Bias read (Center): The article reports on a corporate transaction between two private entities, focusing on business expansion and strategic investment. There is no mention of political figures, policies, or contentious issues. The content remains neutral in tone, presenting factual information about the company's div

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