TMF Group acquires two companies in Mexico 09 July 2024 Mexico Reporter: Klea Neza
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TMF Group has acquired two companies based in Mexico: KMC Campos y Campos and Matas Lorenzo.
Through the acquisition, TMF Group says it will expand its capabilities in fund, accounting and tax, and payroll services in Mexico.
This move aims to enhance TMF Mexico’s reach and delivery capacity and allow it to offer a comprehensive range of services to its clients.
Monica Vera, head of Latin America at TMF Group, says: “These acquisitions form part of our plan to grow in Latin America and especially in Mexico where there is significant potential for both foreign investment and nearshoring opportunities. Fund services are critical for strategic alignment. We are delighted to welcome the employees from Campos y Campos and Matas Lorenzo to the TMF Group family.”
Jaime Campos, managing partner at KMC Campos y Campos, comments: “We are thrilled to join TMF Group, a truly international company with deep expertise in the realms of accounting and tax, payroll and fund services. This alliance will be particularly advantageous for our clients who will benefit from TMF Group’s global footprint.”
Juan Pablo Matas and Antonio Matas, owners of Matas Lorenzo, add: “Joining forces with TMF Group will greatly benefit our clients. TMF Group’s fund administration expertise is unique, and its global presence offers our clients a full-service solution. This union gives our employees the opportunity to grow in an international business.”
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