Moneris Group

Build-Up Project in the Iberian BPO Sector (Accounting, Payroll & Related Services), targeting SME, focused on consolidating businesses offering accounting, payroll, and related services across the Iberian Peninsula.

Investment Thesis: the BPO sector in Portugal was under-digitized, creating a strong opportunity for operational optimization through technology. The sector was highly fragmented and often lacked professional management. A build-up strategy enabled the creation of scale, brand recognition, and the elimination of redundant structures—unlocking significant synergies and value creation.

The exit was executed through a sale to the existing shareholders.