Outsourcing to the Philippines may be fueled by European equity fund

Outsourcing to the Philippines may be fueled by European equity fund

OABPO Blog Team Published on July 16, 2013

Despite global economic challenges, outsourcing to the Philippines continues to thrive. With a new organization at play, it seems that foreign investors may just be more interested in pursuing the Philippines as their preferred outsourcing destination.

female-call-center-agent-holding-pink-piggy-bank

Investing opportunities

European investment authority Brummer & Partners has allocated $120 million to invest on Philippine companies as it aims to take advantage of the country’s thriving economy. The private equity fund will be invested on companies in the service and consumer sectors. Particularly, the business process outsourcing (BPO), real estate, and consumer finance industries. The Philippine Daily Inquirer reveals that Brummer plans to take minority investments in privately-held companies and eventually exit after several years once that company goes public or is acquired by a larger firm.

According to Brummer & Partners co-founder Patrick Brummer, the number of opportunities in the Philippines could pose as a challenge since choosing the best prospects could be difficult. The firm decided to invest in the Philippines as it displayed strong economic progression. As Brummer says, I d rather be investing in the Philippines than in the west in the next 10 years.

The assumption that the Philippine economy will grow significantly in the next decade echoes the positive predictions of organizations such as the Information Technology and Business Process Association of the Philippines, which predicts that the industry will grow to $15 billion by 2016.

Leave a Reply

JOIN US ON FACEBOOK
Open Access BPO
Open Access BPO1 day ago
"As we chart new waters in these uncertain times, it’s great to join a stalwart organization like CCAP. This organization has been a champion for the industry and a valuable network in the #BPO and KPO community here in the Philippines.”
- Ben Davidowitz, CEO of Open Access BPO

Read the latest news about Open Access BPO at https://buff.ly/3xJOc9A

#WeSpeakYourLanguage
Open Access BPO
Open Access BPO1 day ago
How do you know your data is safe when outsourcing?

See how seasoned Philippine call centers maintain #DataSecurity using these best practices: https://buff.ly/3gS4E0C

#WeSpeakYourLanguage
Open Access BPO
Open Access BPO2 days ago
CCAP is a non-profit association made up of the top call centers in the Philippines.

As its newest member, Open Access BPO is looking forward to helping the local #BPO industry advance in the global scene.

Read more: https://buff.ly/3wOs1yW

#WeSpeakYourLanguage #Outsourcing
Open Access BPO
Open Access BPO6 days ago
Don't let unmoderated user-generated content harm your brand's reputation.

See how #PhotoModeration can help your brand maintain quality and order in your online community: https://buff.ly/3cQAxoR

#WeSpeakYourLanguage
Open Access BPO
Open Access BPO7 days ago
Open Access BPO is honored to be the newest member of the Contact Center Association of the Philippines - CCAP.

We support the organization's initiatives to drive industry innovation and elevate service quality among Philippine-based contact centers.

#WeSpeakYourLanguage
Open Access BPO
Open Access BPO1 week ago
"We look forward to working with the Contact Center Association of the Philippines - CCAP and other players in the local sector to champion the Filipino contact center industry in the international arena." - Joy Sebastian, Open Access BPO's Global Vice President

View the full story: https://buff.ly/2TykIwo

#WeSpeakYourLanguage
Do NOT follow this link or you will be banned from the site!