GlendonTodd Capital and Performa Partners have acquired Toutatis Inc., a Sao Paulo, Brazil-based provider of business process outsourcing services. Terms were not released. GlendonTodd Capital is a Dallas-based private equity firm.
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 Sao 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 center in Uberlandia offers flexible and cost-efficient solutions by providing user-friendly, accurate, and seamless execution.
Todd Furniss, Managing Partner of glendonTodd Capital, explains, “We focus on those industries and companies located in favorable 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 realize significant stakeholder value creation.”
Marcelo Franca, CEO of Toutatis, stated, “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.
About glendonTodd Capital LLC – Based in Dallas, Texas, glendonTodd Capital LLC is a private equity firm that invests in technology-enabled business services companies and in real estate. The firm focuses on investment opportunities in the business services sector, financial sector, and healthcare industry. With a global orientation and strong operational background, the firm holds true the belief that investments led by people who have experience in the industries in which they are investing makes a material difference in the quality of the investment outcome. For more information please visit www.glendontodd.com .
About Performa Partners – Based in Sao Paulo, Brazil, Performa Partners is a private equity firm that promotes growth and development of middle-market companies focusing on critical moments – growth challenges, change management, mergers and acquisitions, and restructuring. The firm leads negotiations, coordinates management teams, implements action plans, and invests directly into the companies and development projects. With interactive networks of customers and partners, real business opportunities and access to investments and resources are created. For more information please visit www.performapartners.com .
About Toutatis Inc. – Toutatis Inc. provides business process outsourcing (BPO) and software as a service (SaaS) solutions to blue chip, multi-national companies throughout Latin America and currently employs over 800 people. Toutatis’ mission is to be recognized as the best BPO organization (People, Processes, and Technology) for supporting companies’ business processes with their employees, clients, and suppliers.