HLB taps professional services firms in Bolivia and Mexico

Global accounting and consulting HLB has expanded its presence in Latin America with the addition of new members firms in Bolivia and Mexico. 

Within three months of adding Tijuana-based FFA Consultores to its Mexican list of partner firms, HLB has now also admitted Grupo Cynthus into its network. Grupo Cynthus is one of Mexico’s leading IT consulting firms, ranked among the country’s top 50 providers in terms of headcount. The firm is based in Benito Juárez, a district of Mexico City.

Grupo Cynthus supports its clients with among others information security management, IT audit and assurance, business continuity, risk management and digital transformation.

“Grupo Cynthus is at the forefront of technology-based consulting in Mexico, providing data-driven insights so clients can reach their maximum potential. Their expertise will not only benefit our clients in Mexico, but across the world,” said Abu Bakkar, Chief Innovation Officer of HLB.

Commenting on the affiliation with the global network, Grupo Cynthus CEO Gustavo Solis said: “We are very excited about the partnership. This gives us the possibility to create important synergies and strengthen our service portfolio in the market.” 

Meanwhile, in Bolivia, HLB has admitted the former member firm of BDO and UHY into its network. The partners of the new HLB Bolivia have over 20 years of experience in audit, outsourcing, transfer pricing, consulting, tax and legal consulting services. HLB Bolivia is based in Bolivia’s capital city of La Paz, and will soon open a second office in Santa Cruz de la Sierra.

Juan Carlos Tacachira, Managing Partner of HLB Bolivia, said: “I believe that the positioning of a firm depends on commitment, quality and international support. HLB distinguishes itself by its constant growth and its focus on quality. Our commitment is to represent HLB in Bolivia, integrate into the region and create collaborative relationships that contribute to the growth and development of the global network.”

Formed in 1969, HLB has over 30,000 partners and staff in 750 offices worldwide, serving clients in 150 countries.