CompletedOther17 December 2025

Cartesian Growth Corporation III to acquire Factorial Inc.

Verified deal facts, source-backed narrative, and the Exit Mode founder lens for SME readers preparing to sell.

Deal facts

Buyer
Cartesian Growth Corporation III
Target
Factorial Inc.
Deal value
Not disclosed
Announced
17 December 2025
Status
Completed
Sector
Other
Country
United States
Consideration
shares
What we know

Cartesian Growth Corporation III has agreed to acquire Factorial Inc. in a strategic acquisition structured as a share consideration deal. The buyer is incorporated in the Cayman Islands while the target operates from the United States. The transaction was announced on 17 December 2025 and subsequently completed on 5 June 2026. No specific deal value or currency was disclosed in the available records regarding this transaction. The sector classification for the target is listed as Other, though this categorisation carries low confidence.

The parties have finalised all necessary steps to conclude the merger, with the deal now officially recorded as completed. This acquisition represents a cross-border transaction between a Cayman Islands-based special purpose acquisition company and a US-based technology firm. The consideration was delivered entirely through equity instruments rather than cash. Regulatory approvals and other standard closing conditions were satisfied to allow the transaction to proceed to completion. The transaction is now fully effective and the combined entity is operating under the new ownership structure.

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Deal timeline

1 update
  1. CompletedClosed

    Cartesian Growth Corporation III completes acquisition of Factorial Inc.

    INTRODUCTORY NOTE Overview Business Combination On June 5, 2026 (the “Closing Date”), Cartesian Growth Corporation III, a Cayman Islands exempted company (“CGC”), consummated the previously announced business combination pursuant to the terms of the business combination agreement, dated December 17, 2025, by and among CGC, Fenway MS, Inc., a Delaware corporation and wholly-owned subsidiary of CGC

    Source

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Cartesian Growth Corporation III

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