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TMF Group Buys PricewaterhouseCoopers’ Brazilian BPO Unit

TMF Group Buys PricewaterhouseCoopers’ Brazilian BPO Unit

By Narayan Ammachchi U.S. professional services firm PricewaterhouseCoopers (PwC) has sold its Brazilian outsourcing arm Apriori to the TMF Group, apparently to phase out BPO operations and focus on consulting services. Amsterdam-based TMF says the acquisition will increase the “breadth and ...

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Q&A: New Arvato Executive Names Brazil as Hot Spot for F&A BPO

Q&A: New Arvato Executive Names Brazil as Hot Spot for F&A BPO

By Narayan Ammachchi European outsourcing firm Arvato recently hired former Microsoft executive Edmund O’Brien to oversee the expansion of its operations in Latin America. The Gütersloh, Germany-based BPO provider, which already runs a few delivery centers in nearly half-a-dozen Latin American countries, ...

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Capgemni Wins F&A Outsourcing Contract with Brazil’s Algar

Capgemni Wins F&A Outsourcing Contract with Brazil’s Algar

By Narayan Ammachchi French outsourcing giant Capgemini has won a US$53 million outsourcing contract with Brazilian business conglomerate Algar Group to provide finance and accounting services. This is the second major deal Capgemini has landed with the Brazilian company after ...

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Bacardi to Launch Shared Services Center in Costa Rica

Bacardi to Launch Shared Services Center in Costa Rica

By Narayan Ammachchi Spirit maker Bacardi has begun setting up a shared services center in the Costa Rican capital San Jose to support its business operation in Central America. Scheduled for inauguration in the first week of September, the shared services ...

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EXL Teams up With Carvajal and Expands into Latin America

EXL Teams up With Carvajal and Expands into Latin America

By Narayan Ammachchi Global outsourcing firm EXL Services has expanded into Latin America by acquiring a majority stake in the BPO unit of Colombian technology services firm Carvajal Tecnologia y Servicios. The two companies have also announced plans to work together with the ...

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