Insight & Analysis

Press release: TMF Group expands its presence in Mexico with two new acquisitions

Published: Jul 2024

9th July 2024TMF Group, a leading global provider of administrative services, including fund accounting and administration, today announced the acquisition of two companies based in Mexico: KMC Campos y Campos, S.C. and Matas Lorenzo, S.C.

Press release news paper

Through these acquisitions, TMF Group will expand its capabilities in fund, accounting and tax, and payroll services in Mexico. Campos y Campos and Matas Lorenzo are both experts in accounting and tax, payroll and fund services.

This strategic move will 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, TMF Group said: “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, KMC Campos y Campos said: “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, Matas Lorenzo’s owners added: “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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