Thursday, May 24th, 2012

glendonTodd Capital LLC, a private equity firm that focuses on investments in business services companies and investments in real estate, announces the acquisition of Toutatis Inc. by glendonTodd Capital LLC and Performa Partners.

Based in São Paulo, Brazil, Toutatis Inc. is a full service business process outsourcing (BPO) provider in Latin America and offers a wide variety of BPO solutions in human resource outsourcing, finance and accounting outsourcing and procurement outsourcing. The firm has offices in ten countries throughout Central and South America, including: Argentina, Brazil, Chile, Columbia, Ecuador, Mexico, Paraguay, Peru, Venezuela, and Uruguay, giving it the ability to serve international clients with operations throughout the region. The company’s unique ability to deliver BPO services across Latin America from its shared service center in Uberlândia offers flexible and cost-efficient solutions by providing user-friendly, accurate, seamless execution.

Todd Furniss, Managing Partner of glendonTodd Capital explains, “We focus on those industries and companies …

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Medellin is one of those cities that you never want to leave. Blessed with mountains on all sides,  a Mediterranean climate and some of the best beef dishes anywhere in Colombia (especially when over a barbeque), Medellin is shaking loose from the shackles of its past and putting a remarkable amount of focus on global services. We spent a few days there last week – and got to know how the Paisas people see Colombia’s second biggest city evolving as a hub for innovation and global engagement.

MG 1155 2 Medellin Slideshow: A City Blooming for BPO
2012 05 10 008 2 1024x768 Medellin Slideshow: A City Blooming for BPO
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Many of Medellin's schools are equipped with high-tech hardware.
2012 05 11 medellin day 2 001 2 1024x768 Medellin Slideshow: A City Blooming for BPO
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HP is projected to move into this section of "Ruta N" over the next few months.
045119 2 Medellin Slideshow: A City Blooming for BPO
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Bancolombia's headquarters on in Medellin where it employs over 10,000 workers.
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The super modern Ruta N facility is set to become a center for foreign entrepreneurs - on the left bean bag, Carolina Ardila Lopez, business development manager for Ruta N, to the right, Kirk Laughlin of NSAM.
ktaw 2 Medellin Slideshow: A City Blooming for BPO
METRO 2 Medellin Slideshow: A City Blooming for BPO
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The Medellin metro runs, north - south, through the city's valley.
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Yuxi Pacific is one of a group of newly landed software firms. Setting up in Medellin was a "no brainer'" for Yuxi CEO Michael Puscar.

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batista Why is IBM Tying up with Brazils Most Famous Billionaire? By Filipe Pacheco 

The encounter of two giants: one of them is IBM, a global IT provider, and the other is Eike Batista, the richest man in Brazil and the commander of a corporate empire in the country. Together, they closed a deal that includes the construction of an industrial tech center and the supply of outsourcing services of around US$ 1 billion in a ten year interval.

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marlett Patent Processing Signals New Opportunities for Central America

Marlett: From Managua to Wall Street.

By Luke Bujarski

Nicaragua might be among the poorest of countries in the western hemisphere, but that hasn’t stopped MDB Capital Group from ramping up an ambitious patents processing operation there.  In fact, widespread underemployment is one secret to the success behind PatentVest, the knowledge process outsourcing subsidiary of MDB Capital Group, on the ground in Managua since 2007.

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Ci&T’s head of mobile strategy on the huge difference between mobile and web applications


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By Patrick Haller

oniria Paraguay based Digital Agency Dreams Big in a Small MarketLandlocked between heavy-hitters Argentina, Brazil and capped by Peru, Paraguay is not yet a viable Nearshore destination. Yet, with over 80% of the population below 30 and an appealing tax regime – Paraguay is not the backwater many people might assume. To get a real world perspective, we checked in with a fast-growing digital media agency with A-list US clients, that belies the typical stereotype of this often overlooked South American nation.

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Montevideo2 197x300 Uruguay Sourcing Gets Stronger, While IT Woes Become More Apparent

By Patrick Haller

Is Uruguay really the paradise-like destination the country’s trade group, Uruguay XXI, sells it as? The combination of a well educated population, political stability, a solid infrastructure and attractive incentives paints an attractive picture, but other nations in the region, Chile for example, tout the same attributes.

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sonda building g 150x150 Sonda Still Has Money to Spend, But Where?

In Chile, Sonda plots its next move.

By D. Barker

If you had a couple hundred million to buy a company that would expand the reach and depth of your IT services firm, what company would you buy?

More specifically, if you were Chile-based technology giant Sonda, what would you buy? The largest IT services company in Latin America has not hidden its intentions to become even larger. Company executives have stated this publicly, although not with any details. “We have our foot on the accelerator, focusing on acquisitions that add value to Sonda,” one financial officer said.

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zona franca 300x167 Genpact Commits to Colombia, Pointing to Safe Haven of Developing Economies

Genpact will operate out of the popular FT zone "Zona Franca'

By Patrick Haller

After scouring Latin America for a new hub, the global BPO company Genpact has decided that  Bogota is where its future lies.  Citing an impressive improvement in security, political stability and a high-quality talent pool, Genpact announced yesterday  at a special press conference in Bogota, that it is in the process of building-out 750 square meters in one of the city’s Zona Franca facilities. With a long-term vision that anticipates the hiring of up to 1,500 employees (95% of whom will be Colombian) and an investment of up to $10 million over the next three to five years, Genpact is angling to plant its footprint solidly on the Latin American landscape.

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The head of the IBM campus in Guadalajara sees increasing sophistication and sourcing mastery emerging from the region.

 

 

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