São Paulo – CFI Brazil acted as the exclusive corporate finance advisor to Localcred on the sale of one of their largest credit portfolios (Itau) to R Brasil Soluções, a subsidiary of Attento.
Localcred, one of the main credit collection agencies in Brazil, has sold one of their largest credit portfolios (Itau) to RBrasil, a subsidiary of Atento – the leading provider of customer relationship management and business process outsourcing services (CRM BPO) in Latin America.
Founded in 2007, R Brasil has more than 20 blue-chip clients in its portfolio. The company is highly regarded for providing financial services, telecommunications and retail clients in Brazil with innovative and efficient collections solutions. A reference within the industry, R Brasil’s collections platform provides fast integration with client systems and delivers revenue recovery effectiveness through business intelligence and analytics.
Atento [ISIN LU1102842090, Ticker Symbol: ATTO] is the largest provider of customer relationship management and business process outsourcing (CRM BPO) services in Latin America, and among the top three providers globally, based on revenues. Atento is also a leading provider of nearshoring CRM/BPO services to companies that carry out their activities in the United States. Since 1999, the company has developed its business model in 14 countries where it employs more than 150,000 people. Atento has over 400 clients to whom it offers a wide range of CRM/BPO services through multiple channels. Atento’sclients are mostly leading multinational corporations in sectors such as telecommunications, banking and financial services, health, retail and public administrations, among others.
Founded in 1987, Localcred is one of the biggest credit collection companies in Brazil. It has more than 5200 employees and its own physical site in São Paulo. With more than 20 blue-chip clients in its portfolio it is highly regarded for providing financial services, telecommunications and retail clients in Brazil and well positioned with automobile assemblers banks sucha as Honda and Volkswagen.
The transaction closed in April 2017.
The owners of
have sold their shares to
Rhenus Alpina AG (Switzerland), a global logistics company acquired DissolveTech AG (Switzerland), which developed a document destruction process that irrevocably destroys paper documents by dissolving them in water.
has sold its collection portfolio to
GlobalCob, one of the main collection agencies of the southeast of Brazil, has sold several collection portfolios to Bellinati Perez which is one of the most important legal collection agencies in Brazil.
has been sold to
Careflex Zorg Groep, the largest independent external healthcare provider for complex care with a proven and distinct BPO proposition in the Benelux, has been sold to Bolster Investment Partners
and management have sold
to funds managed by
Gilde Equity Management and management sell Future Groep, a BPO, project staffing and ancillary services provider in the field of debt management, financial file processing, HR- and communications advice to the public sector, to funds managed by Argos Wityu (fmr Argos Soditic)