Advancy incorporates Brazilian partner Valuepoint

21 August 2015 Consultancy.lat

French strategy and management consultancy Advancy has incorporated its Brazilian partner Valuepoint and its 35 staff into the Advancy network of consultants.

France-based consulting firm Advancy employs 150 experts in seven offices across five continents, serving clients in three main areas: Strategy, Operational Effectiveness and Organisation. Earlier this year, French graduate students named the company the most prestigious strategy consulting firm with a French origin, and the fifth-most prestigious in France.

Based in São Paulo, Valuepoint was created through the 2009 merger of three firms which had been operating in Brazil and South America since 1998. The consulting firm works across most major sectors, with a particular focus on the industry segments of Metals & Mining, Energy & Utilities, Chemicals, Engineering, Health & Cosmetics and Consumer Goods. In 2012, Advancy expanded into Latin America via an alliance with Valuepoint and, in 2014, was renamed Valuepoint Advancy. 

Valuepoint and Advancy

Following the successful completion of this transition period, the firm decided to completely merge into Advancy last month. “From July 1st 2015, Valuepoint has adopted the global Advancy brand in all its businesses and interactions with clients and partners,” announced Valuepoint on its website. The senior partners of Valuepoint Brazil include Enzo Correa (alumnus of Arthur D. Little and PwC) and Guilherme Junqueira (alumnus of Roland Berger and PwC).

Advancy has a goal of further global expansion. It recently acquired Value Line, a consulting firm in Australia with an annual turnover of US $8 million and 20 advisors. Looking towards the future, the firm has its eyes set on US and British markets as the next key strategic step. In a recent interview with French management publication ‘Les Éditions du Management’, Advancy co-founder Patrick Pudduy admitted that the firm was looking into establishing a presence in Boston and Chicago, initially through an alliance with an existing consultancy.

Advancy works with a network of partners globally, in Argentina, Dubai, India, Japan, Morocco, Mexico, Russia, Singapore, South Africa, South Korea and Ukraine. The firm was founded by former A.T. Kearney (Eric de Bettignies and Laurence-Anne Parent) and Roland Berger (Patrick Pudduy) advisors.

BDO adds professional services firm in Bolivia to network

11 February 2019 Consultancy.lat

Global professional services firm BDO has expanded its footprint in Latin America with the addition of a new member firm in Bolivia. 

The firm, trading as KPI Auditores y Consultores, was founded in 2010 and is managed by a team of seven partners, with managing partner Marcelo Berthin at the helm. Six of the new firm’s seven partners have a background at BDO, while the group also bring experience at tier-one accounting and consulting firms including EY, PKF and PwC to its new parent. KPI, previously affiliated with rival network Antea, which it joined in 2014, has been rebranded as BDO Bolivia. 

“BDO Bolivia’s goal is to deliver outstanding audit, financial advisory, tax, consulting, and digital services to clients,” said Berthin, who has been leading the firm since 2014, after serving a large bank, the United States Agency for International Development (USAID; a US agency that battles extreme global poverty) and EY, where he spent a decade in the firm’s audit department. While the firm works for clients across a range of sectors, its focus lies on clients in manufacturing, mining, not-for-profit, investment services and agriculture.

BDO adds professional services firm in Bolivia to network

According to Berthin, formerly KPI Auditores y Consultores will be able to benefit from BDO’s global reach – the world’s fifth largest accounting group has over 80,000 employees in 160+ countries – and the cross-border work which flows out of the network. “The recent increase in business enquiries from the UK, Germany, Panama, Chile and Brazil that we’ve received through BDO’s global organisation confirm this and points to further expansion for BDO in Bolivia.”

He added that the local teams based in La Paz (headquarter) and Santa Cruz will also be able to tap into BDO’s deep industry and functional expertise.

Commenting on the expansion in Bolivia, Albert Lopez, BDO’s Regional CEO for the Americas, said: “I am very pleased to welcome a leading firm in Bolivia to BDO. With significant experience in Bolivia, servicing national and international companies and institutions, the team have an established reputation that will launch BDO onto new paths of growth in Bolivia. The new firm’s ability to provide integrated solutions to its clients in the country will, when combined with BDO’s global reach, see business coming in from the wider Latin American region and beyond.”

Across Latin America, BDO has more than 5,100 professionals working from 63 offices in 23 countries. The firm’s largest offices are located in economic hotspots such as Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Paraguay, Peru and Uruguay. 

Late last year, professional services firm Andersen Global touched in Bolivia with the addition of Tufiño Villegas to its network. The tax and legal advisory was founded in 1995 and has offices in capital city La Paz, Santa Cruz and Cochabamba.