|By Business Wire||
|December 14, 2012 07:00 AM EST||
glendonTodd Capital LLC (“glendonTodd”), a Dallas based private equity firm today announced the merger of Aztec Systems, Inc. (“Aztec”) and Toutatis Client Services do Brasil, S.A. (“Toutatis”) creating a multinational business process and information technology outsourcing firm with more than 1,000 customers in 13 countries and territories throughout the Americas. The merger is subject to necessary limited partner approvals and is expected to be completed in the first quarter of 2013. Terms of the transaction were not disclosed.
The combined company, to be called Toutatis Aztec Solutions LLC (“TAS”), will be based in Dallas and will offer services including human resources outsourcing, finance and accounting outsourcing, procurement outsourcing, information technology outsourcing, and data hosting services to a growing list of middle market and multinational customers across the Americas.
Aztec, a glendonTodd portfolio company, is a full service information technology outsourcing firm that was recently ranked the 27th largest value added reseller and is a Microsoft® Gold Partner. Headquartered in Dallas, Aztec has six offices across Texas and Oklahoma. Toutatis, a glendonTodd portfolio company, is a full service business process outsourcing firm headquartered in São Paulo and has nine offices in seven countries delivering business process outsourcing services to customers in 12 countries and territories. The merger will create a company with significant market opportunity and scale across the Americas with complementary service offerings. Toutatis gains access to Aztec’s growing base of over 800 customers in the US, and Aztec gains access to Toutatis’ growing base of over 300 customers in Latin America.
Marcelo França, CEO of Toutatis and a founding partner of Performa Partners, will serve as CEO of TAS following the merger. TAS plans to establish a new multilingual shared services center in Dallas staffed with 250 employees to complement the existing centers in Brazil and Mexico. Performa Partners has assisted in the operational and financial changes of Toutatis over the last three years and advised on the merger with Aztec.
“TAS will offer a robust platform of complementary information technology and business process outsourcing services to middle market and multinational companies throughout the Americas. The company has a unique opportunity to capture synergies and market demand by enhancing its scope of product offerings and geographic footprint. Our platform will give customers geographic coverage, international management capabilities and significant operations expertise,” said Todd Furniss, CEO and Managing Partner of glendonTodd.
“Combining Toutatis and Aztec will create a company with significant market opportunity and scale across the Americas with complementary service offerings and operational profiles. The uniqueness of our geographic footprint, deep, local expertise and portfolio of services enables us to provide local and multinational companies with operational capabilities to address the complexity and diversity of these markets which are not easily replicated,” said Marcelo França. “Our relationship with glendonTodd allows us to take advantage of its financial execution ability and industry knowledge.”
About glendonTodd Capital LLC – Based in Dallas, Texas, glendonTodd Capital LLC is a private equity firm that focuses on companies in the technology-enabled business services and financial services sectors and mixed-use, healthcare real estate projects. The firm makes investments in industries and geographies where their principals have significant operating experience, including direct P&L responsibility, strategic decision making, deployment of expansion dollars, and resolution of operating issues. With a global orientation and strong operational background, the firm holds true the belief that investments led by people who have experience in the industries in which they are investing makes a material difference in the quality of the investment outcome. For more information please visit www.glendontodd.com.
About Toutatis Client Services do Brasil, S.A. - Based in São Paulo, Brazil, Toutatis Client Services do Brasil, S.A. creates, implements, and delivers high-performing process-based solutions for blue chip, multinational companies throughout Latin America including finance and accounting, human resources, procurement outsourcing, and software as a service (“SaaS”). The firm has nine offices in seven countries and territories throughout Latin America, giving it the ability to serve international clients who have operations throughout the region, including Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, El Salvador, Honduras, Mexico, Peru, Puerto Rico, and Venezuela. For more information please visit www.toutatisglobal.com.
About Aztec Systems, Inc. - Aztec Systems, Inc. is an information technology outsourcing and business services provider to middle market companies located across the south-central region of the US. Recently ranked 27th in revenue on Bob Scott’s 2012 Top 100 VARS list, Aztec has achieved the highest standards in its industry and has received accreditation as a Microsoft® Gold Partner. Aztec maintains a home office in Carrollton, Texas, with branch offices in Austin, Texas; Dallas, Texas; Tulsa, Oklahoma; and Oklahoma City, Oklahoma. For more information please visit www.Aztecsystems.com.
About Performa Partners – Based in São Paulo, Brazil, Performa Partners is a management consulting services firm that promotes growth and development of middle market companies focusing on critical moments in a company’s business cycle including growth challenges, change management, mergers and acquisitions and restructuring. The firm provides its clients with management leadership and services, develops strategic road maps and implementation plans, and provides tactical implementation services and capital investment. With interactive networks of customers and partners and access to capital resources, real business opportunities are created. For more information please visit www.performapartners.com.
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor – all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
Jul. 28, 2016 12:15 AM EDT Reads: 2,221
Let’s face it, embracing new storage technologies, capabilities and upgrading to new hardware often adds complexity and increases costs. In his session at 18th Cloud Expo, Seth Oxenhorn, Vice President of Business Development & Alliances at FalconStor, discussed how a truly heterogeneous software-defined storage approach can add value to legacy platforms and heterogeneous environments. The result reduces complexity, significantly lowers cost, and provides IT organizations with improved efficienc...
Jul. 27, 2016 10:30 PM EDT Reads: 2,011
SYS-CON Events announced today that Isomorphic Software will exhibit at DevOps Summit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, cutting-edge enterprise web applications for desktop and mobile. SmartClient combines the productivity and performance of traditional desktop software with the simp...
Jul. 27, 2016 10:30 PM EDT Reads: 1,146
"We've discovered that after shows 80% if leads that people get, 80% of the conversations end up on the show floor, meaning people forget about it, people forget who they talk to, people forget that there are actual business opportunities to be had here so we try to help out and keep the conversations going," explained Jeff Mesnik, Founder and President of ContentMX, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 27, 2016 10:30 PM EDT Reads: 1,403
"When you think about the data center today, there's constant evolution, The evolution of the data center and the needs of the consumer of technology change, and they change constantly," stated Matt Kalmenson, VP of Sales, Service and Cloud Providers at Veeam Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 27, 2016 10:15 PM EDT Reads: 1,403
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
Jul. 27, 2016 10:00 PM EDT Reads: 2,658
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discussed how businesses can gain an edge over competitors by empowering consumers to take control through IoT. He cited examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He also highlighted how IoT can revitalize and restore outdated business models, making them profitable ...
Jul. 27, 2016 09:45 PM EDT Reads: 1,997
In his session at @DevOpsSummit at 19th Cloud Expo, Yoseph Reuveni, Director of Software Engineering at Jet.com, will discuss Jet.com's journey into containerizing Microsoft-based technologies like C# and F# into Docker. He will talk about lessons learned and challenges faced, the Mono framework tryout and how they deployed everything into Azure cloud. Yoseph Reuveni is a technology leader with unique experience developing and running high throughput (over 1M tps) distributed systems with extre...
Jul. 27, 2016 09:45 PM EDT Reads: 2,168
[webcast] Continuous Delivery in the Enterprise | @DevOpsSummit @IBMDevOps #IBM #DevOps #ContinuousDelivery
To leverage Continuous Delivery, enterprises must consider impacts that span functional silos, as well as applications that touch older, slower moving components. Managing the many dependencies can cause slowdowns. See how to achieve continuous delivery in the enterprise.
Jul. 27, 2016 09:30 PM EDT Reads: 301
"delaPlex is a software development company. We do team-based outsourcing development," explained Mark Rivers, COO and Co-founder of delaPlex Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 27, 2016 08:00 PM EDT Reads: 2,030
We all know the latest numbers: Gartner, Inc. forecasts that 6.4 billion connected things will be in use worldwide in 2016, up 30 percent from last year, and will reach 20.8 billion by 2020. We're rapidly approaching a data production of 40 zettabytes a day – more than we can every physically store, and exabytes and yottabytes are just around the corner. For many that’s a good sign, as data has been proven to equal money – IF it’s ingested, integrated, and analyzed fast enough. Without real-ti...
Jul. 27, 2016 07:30 PM EDT Reads: 1,101
"There's a growing demand from users for things to be faster. When you think about all the transactions or interactions users will have with your product and everything that is between those transactions and interactions - what drives us at Catchpoint Systems is the idea to measure that and to analyze it," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York Ci...
Jul. 27, 2016 06:45 PM EDT Reads: 2,064
As companies gain momentum, the need to maintain high quality products can outstrip their development team’s bandwidth for QA. Building out a large QA team (whether in-house or outsourced) can slow down development and significantly increases costs. This eBook takes QA profiles from 5 companies who successfully scaled up production without building a large QA team and includes: What to consider when choosing CI/CD tools How culture and communication can make or break implementation
Jul. 27, 2016 06:00 PM EDT Reads: 1,683
Actian Corporation has announced the latest version of the Actian Vector in Hadoop (VectorH) database, generally available at the end of July. VectorH is based on the same query engine that powers Actian Vector, which recently doubled the TPC-H benchmark record for non-clustered systems at the 3000GB scale factor (see tpc.org/3323). The ability to easily ingest information from different data sources and rapidly develop queries to make better business decisions is becoming increasingly importan...
Jul. 27, 2016 05:45 PM EDT Reads: 876
A critical component of any IoT project is what to do with all the data being generated. This data needs to be captured, processed, structured, and stored in a way to facilitate different kinds of queries. Traditional data warehouse and analytical systems are mature technologies that can be used to handle certain kinds of queries, but they are not always well suited to many problems, particularly when there is a need for real-time insights.
Jul. 27, 2016 04:30 PM EDT Reads: 1,870
Redis is not only the fastest database, but it is the most popular among the new wave of databases running in containers. Redis speeds up just about every data interaction between your users or operational systems. In his session at 19th Cloud Expo, Dave Nielsen, Developer Advocate, Redis Labs, will share the functions and data structures used to solve everyday use cases that are driving Redis' popularity.
Jul. 27, 2016 04:30 PM EDT Reads: 1,632
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
Jul. 27, 2016 04:15 PM EDT Reads: 1,139
[session] Throwing Away the Codebase By @ReadyTalk | @CloudExpo #Cloud #DevOps #DigitalTransformation
Is your aging software platform suffering from technical debt while the market changes and demands new solutions at a faster clip? It’s a bold move, but you might consider walking away from your core platform and starting fresh. ReadyTalk did exactly that. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, will discuss why and how ReadyTalk diverted from healthy revenue and over a decade of audio conferencing product development to start an innovati...
Jul. 27, 2016 04:00 PM EDT Reads: 1,063
"Software-defined storage is a big problem in this industry because so many people have different definitions as they see fit to use it," stated Peter McCallum, VP of Datacenter Solutions at FalconStor Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 27, 2016 04:00 PM EDT Reads: 1,530
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...
Jul. 27, 2016 04:00 PM EDT Reads: 1,741