The division of Volaris Group, launched in November, announced it has acquired San José, Costa Rica-based Quarzo, a company that provides software solutions for employee associations, savings funds, mutual funds and cooperatives in Central America. Vencora did not respond to The Logic’s request for comment on the terms of the deal. (The Logic)

Talking point: Vencora was launched to acquire and grow software and technology companies focused on the financial services industry. It picked up 14 brands from Volaris’s portfolio when it launched, making Quarzo the 15th company under Vencora’s umbrella. “The addition of Quarzo both complements and strengthens Vencora’s banking presence in the Central American region, and we look forward to providing opportunities for Quarzo to build on its incredible success and help propel its growth,” said Ateet Patel, banking portfolio manager at Vencora, in a release. Vencora already has a presence in Latin America through Fisa Group, which is based in Quito, Ecuador.