glendonTodd Capital LLC, a private equity firm that focuses on investments in business services companies and investments in real estate has acquired Toutatis Inc in conjunction with 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, giving it the ability to serve international clients with operations throughout the region, including: Argentina, Brazil, Chile, Columbia, Ecuador, Mexico, Paraguay, Peru, Venezuela, and Uruguay. The company’s unique ability to deliver BPO services across Latin America from its shared service centre in Uberlândia offers flexible and cost-efficient solutions by providing user-friendly, accurate, and seamless execution.
Todd Furniss, Managing Partner of glendonTodd Capital, says: “We focus on those industries and companies located in favourable macro-economic environments where we can help create disproportionate value, and we think that Brazil has a very bright economic picture for at least the next five years. Toutatis has a robust services platform and customer base in key markets throughout Latin America that we can leverage for growth. Together with Marcelo Franca and our great operating partners at Performa, we have the ability to execute on our vision and realise significant stakeholder value creation.”
Marcelo Franca, CEO of Toutatis, says: “Our relationship with glendonTodd, allows us to take advantage of world class operational insights and financial execution capabilities to propel Toutatis onto the global stage.”
The company’s unique value proposition and delivery capability, reinforced by glendonTodd’s and Performa’s strategic capital and operational insights, position Toutatis well for growth and shareholder value creation.
