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, 2013Last updated on June 17, 2020

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 BPO23 hours ago
Every entrepreneur's dream is to grow beyond his own shores, but how do you know if you're up to the challenge? Look out for these signs before taking your first step into international #expansion: https://zcu.io/Safk

#WeSpeakYourLanguage #Startup #Offshore #Outsourcing
Open Access BPO
Open Access BPO3 days ago
High employee turnover costs money and resources. It also jeopardizes your #brand reputation. One way for #CallCenters to prevent all these from happening is to build an effective #CareerDevelopment program.

Learn more: https://zcu.io/XdNU

#WeSpeakYourLanguage
Open Access BPO
Open Access BPO6 days ago
#Thanksgiving is just a week away. #Ecommerce companies must suit up to face the onslaught of shoppers on one of the biggest shopping weekends of the year.

Here's how: https://zcu.io/4yzf

#WeSpeakYourLanguage #CustomerService #CX
Open Access BPO
Open Access BPO1 week ago
Consumers still think the best way to resolve their #CustomerService issues is via #email, even with the rise of new support channels. Follow these tips to maximize the advantages of providing effective #EmailSupport: https://zcu.io/3Si0

#WeSpeakYourLanguage #CallCenter
Open Access BPO
Open Access BPO1 week ago
A scripted reply is the last thing people want to hear when calling you for #CustomerSupport. Ensure a clear response plan for these common #CallCenter scenarios is included in your training program when selecting an #offshore #BPO firm: https:/zcu.io/UwoK

#WeSpeakYourLanguage
Open Access BPO
Open Access BPO1 week ago
Open Access BPO Makati serves as the flagship #outsourcing facility for our growing workforce and multifaceted programs.

These offices have the highest seating capacity among our locations, allowing us to offer our full suite of services in English and more than 30 Asian and European languages. Learn more: https://zcu.io/Sb9O

#WeSpeakYourLanguage