glendonTodd Capital LLC Announces Closing of Merger Between Aztec Systems, Inc. and Toutatis Client Services do Brasil S.A.
Release Date– April 3, 2013
Dallas, Texas and São Paulo, Brazil– glendonTodd Capital LLC (“glendonTodd”), a Dallas-based private equity firm today announced the closing of its previously announced merger of Aztec Systems, Inc. (“Aztec”) and Toutatis Client Services do Brasil S.A., including foreign affiliated operating entities (“Toutatis”). Both Aztec and Toutatis are glendonTodd portfolio companies. This merger creates a multinational business process and information technology outsourcing firm with more than 1,000 clients in 13 countries and territories throughout the Americas. Terms of the transaction were not disclosed.
The new combined company, Toutatis Aztec Solutions (“TAS”), is based in Dallas and offers services including human resources outsourcing, finance and accounting outsourcing, procurement outsourcing, information technology outsourcing, and data hosting services to a growing list of middle market and multinational customers across the Americas.
Aztec, a glendonTodd portfolio company, is a full service information technology outsourcing (“ITO”) firm that was recently ranked the 27th largest value-added reseller and is a Microsoft® Gold Partner. Headquartered in Dallas, Aztec has six offices across Texas and Oklahoma. Toutatis, a glendonTodd portfolio company, is a full service business process outsourcing (“BPO”) firm headquartered in São Paulo and has nine offices in seven countries delivering business process outsourcing services to customers in 12 countries and territories. The merger creates a company with significant market opportunity and scale across the Americas with complementary service offerings.
“The merger supports our overall strategy to deliver the most comprehensive and highest quality BPO and ITO solutions on the market by bringing together two companies, each with strong offerings focused on the different needs of corporate customers,” said Marcelo França, CEO of TAS. “This combination expands the geographic footprint and opportunity of both companies to provide complementary service offerings across the Americas.”
“The merger is a compliment to the leadership team of both organizations and will allow Toutatis to extend its business process management methodology across TAS’s entire portfolio of services. With a comprehensive service offering delivered across the Americas, including delivery centers in Brazil, Mexico and a soon-to-be established multilingual shared services center in Dallas, TAS is uniquely positioned to serve a broad range of customers in the US and Latin America,” said Todd Furniss, Chairman of the Board of TAS.
About glendonTodd Capital LLC – Based in Dallas, Texas, glendonTodd Capital LLC is a private equity firm that focuses on investments in healthcare real estate, data centers and related infrastructure, technology-enabled business services companies, and financial services companies. The firm makes investments in industries and geographies where their principals have significant operating experience, including direct P&L responsibility, strategic decision making, deployment of expansion dollars, and resolution of operating issues. 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 Toutatis Aztec Solutions – Toutatis Aztec Solutions (“TAS”), is based in Dallas, Texas and has 15 offices in the US and Latin America serving more than 1,000 customers in 13 countries and territories throughout the Americas. TAS offers services including human resources outsourcing, finance and accounting outsourcing, procurement outsourcing, information technology outsourcing, and data hosting services to a growing list of middle market and multinational customers across the Americas. TAS operates through Toutatis Client Services do Brazil S.A. and Aztec Systems, Inc., a Gold Certified Microsoft® Partner, a designation reserved for organizations with the highest level of Microsoft expertise. TAS serves clients in Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, El Salvador, Honduras, Mexico, Peru, Puerto Rico, Venezuela, and the United States. For more information please visit www.toutatisglobal.com and www.Aztecsystems.com.
glendonTodd – US Contacts
Patrick Tucker Office +1 (212) 371-599 firstname.lastname@example.org
Tom Johnson Office +1 (212) 371-599 email@example.com
Mary Hatcher Office +1 (214) 310-1094 firstname.lastname@example.org
Toutatis – Brazil Contacts
Aluizio Falcao email@example.com
Sueli Gomes Office +55(11) 4314-198 firstname.lastname@example.org