HIG Capital invests in Brazil’s Office Total
HIG Capital’s Brazilian affiliate has made a significant investment in Office Total, a Brazilian managed print services (MPS) provider.
Established in 1995 with headquarters in Rio de Janeiro, Office Total outsources and commercialises a wide range of office equipment from several suppliers and offers a wide range of leasing programmes to its clients.
The company operates regionally and has a client base spread over several industries. It has nearly 500 long-term outsourcing contracts and provides ongoing technical support and monitoring services.
Andre Vinicius, CEO of Office Total, says: “HIG’s partnership will enable the company to participate in larger projects and fuel our organic growth. We expect to expand our portfolio of services, adding more value to our clients.”
Fernando Marques Oliveira, managing director and head of HIG Brazil and HIG Latin America, says: “Office Total is a unique platform in the MPS market for small and medium-sized businesses, an underpenetrated growing market. The company is well positioned for further expansion and has a solid management team. We are excited to support Office Total’s next phase of growth.”
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