Strategy
Vistra Expands Latin American Business Reach
The launch follows the group's acquisition of a Latam business late in 2025.
Vistra, a business services group, has launched Vistra Latam which, as its name implies, caters to the Latin America market.
The new unit melds Vistra’s global operating platform with the in-country expertise of Biz Latin Hub, the business that Vistra acquired in early December 2025.
The Vistra Latam operation will support clients across more than 18 markets, offering legal, accounting, tax advisory, compliance, payroll and recruitment services through local teams across the region. Services will be delivered in English, Spanish and Portuguese to support clients from the Americas, Europe and Asia-Pacific.
The business unit will serve three primary client groups: mid-sized US corporates entering Latin America through nearshoring, shared services or direct market entry; Latin American businesses establishing operations or hiring in the US; and European and Asia-Pacific multinationals seeking a coordinated regional partner as they scale operations across Latin America.
“Latin America is strategically important for companies looking to expand, diversify supply chains, access talent and build cross-border operations. But the region is also highly complex, with requirements that vary significantly from market to market,” Raimundo Diaz, executive vice president, Americas at Vistra, said. “Vistra has been active within the Latam region for the past decade via its experienced team at Vistra Brazil, delivering local expertise backed by the global standards and infrastructure of Vistra.”
The firm said that as companies increasingly look to Latin America for shared services, direct market entry, access to talent and regional expansion, many are faced with managing a patchwork of local providers, or relying on a single advisor without the local insight needed to operate effectively across a wide spread of markets.
In July last year, Vistra appointed Kim Jenkins as its chief executive officer, succeeding Simon Webster who had served as CEO since 2022.