Colombia-based Siigo Expands Latin American Footprint with Acquisition of Aspel in Mexico
Summary
Siigo delivers critical, cloud-based application software to small and medium business across the Spanish-speaking Latin American region and has been awarded Microsoft Partner of the Year in Colombia due to its constant innovation that is democratizing technology for SMEs. Siigos product portfolio includes electronic billing, accounting, inventory, purchasing and expenses, payroll, POS systems, professional reports, mobile apps and online eCommerce marketplace integrations for its customers. "The success of our solutions in multiple Latin American countries is a validation of our growth strategy, which is attuned to the current market need for an intuitive yet powerful ERP platform designed specifically for SMEs. "We are constantly improving our platform as we expand and will be bringing even more features and capabilities to Aspels distributors and customers who join over 300,000 SMEs already using our cloud software in South America," he adds. At the heart of Accel-KKRs investment strategy is a commitment to developing strong partnerships with the management teams of its portfolio companies and a focus on creating joint value, leveraging the significant resources available through its network.
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