Transaction

Edgewater Strategy Group Supports Cresco on Its Strategic Transaction with Siglo BPO

Edgewater supported the Florida-based corporate services provider and its Executive Chairman, Sebastien Gaddini, with valuation, financial modeling, on-site diligence and strategic review work on the transaction bringing together Cresco and Siglo BPO, a Latin American business process outsourcing firm operating in 12 countries.

– Edgewater Strategy Group (“Edgewater”), a boutique advisory firm specializing in M&A, capital raises and Office of the CFO services, today announced that it supported Cresco and its Executive Chairman, Sebastien Gaddini, on Cresco’s strategic transaction with Siglo BPO (“Siglo”), a Latin American business process outsourcing firm.

Florida-based Cresco uses artificial intelligence and data to deliver corporate services, helping companies stay on top of compliance, governance and administration in the jurisdictions where they operate. Siglo has provided accounting, tax compliance, payroll, human resources and outsourcing services for decades and operates in 12 countries across Latin America, the United States and Spain.

The transaction pairs Cresco’s leadership and AI-enabled service model with Siglo’s regional footprint and established local teams, creating a combined group of more than 700 professionals who serve multinational and regional clients, among them Fortune 500 companies. The two businesses will initially keep operating under their existing brands as they pursue a shared plan to make Latin America a leading center for nearshored compliance, finance, HR and back-office services.

Edgewater worked closely with Gaddini on the transaction, building the valuation analysis and financial model, conducting on-site diligence at Siglo, and supporting a strategic review of how the two businesses would fit together.

“Siglo has spent decades building what cannot be replicated quickly: trusted local teams and client relationships in a dozen countries, handling the accounting, payroll and compliance work that multinationals depend on. Cresco adds the technology and leadership to carry that work to more clients in more markets. Working alongside Sebastien, we tested the thesis from the ground up, from time on site with Siglo’s teams to the economics of the combined group, and came away with real confidence in what the two businesses can build together.”

Hawken LordManaging Partner, Edgewater Strategy Group

Terms of the transaction were not disclosed.

Cresco’s full announcement is available here.

About Cresco

Cresco is a Florida-based corporate services company that uses artificial intelligence and data to help internationally active businesses manage their compliance, governance and administrative operations. For more information, visit cresco-global.com.

About Siglo BPO

Siglo BPO is among the largest privately held business process outsourcing providers in Latin America. It offers accounting, tax, payroll, human resources and outsourcing services from operations in 12 countries across Latin America, the United States and Spain. For more information, visit siglobpo.com.

About Edgewater Strategy Group

Edgewater Strategy Group is a boutique advisory firm specializing in Mergers and Acquisitions, Capital Raises, and Office of the CFO services. Edgewater works as an extension of its clients’ deal and finance teams, from sourcing and diligence through close and post-close integration. For more information, visit edgewaterstrategygroup.com.

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