"NCO ANNOUNCES EXPANSION INTO LATIN AMERICA"

"HORSHAM, Pa., -- NCO Group, Inc. ("NCO" or the "Company"), a leading provider of business process outsourcing services, announced today the completion of the acquisition of the assets of Star Contact (BVI) Ltd. and Call Center-Telemarketing Pro-Panama, S.A. (together "Star Contact"), based in Panama City, Panama. Star Contact is Central America's leading provider of outsourced, multilingual contact center and customer care services to some of the world's best-known businesses. Joseph Fidanque, III, Star Contact's founder and President, will remain President of Star Contact and assume additional responsibilities as Managing Director of NCO's Latin American Operations."

-- Yahoo Finance, December 18th, 2006

 

SUMMARY: Star Contact, a leader in outsourced contact center services, and the first company to offer BPO services from Panama, was acquired by NCO Group, Inc. of Horsham, PA. Cypress served as exclusive financial advisor to Star Contact and its Founder, Joseph Fidanque III. Cypress conducted a discrete, competitive, and highly targeted process to identify the most qualified strategic and financial buyers worldwide. The Star Contact acquisition provides NCO with a unique platform for continuing its global contact center expansion and for the launch of new receivables management and purchased debt offerings to corporate and financial institutions throughout Latin America.

"YAHOO UNIT ACQUIRES MIAMI-BASED FIRM"

"TeRespondo, a Miami based provider of online marketing services, has been acquired by Overture Services, a subsidiary of Yahoo. Terms of the deal were not disclosed. Founded in 2001, TeRespondo delivers search advertising to millions of Internet Users, the companies said in a statement. It has offices in Sao Paulo and Mexico City. The Miami-based merger-and-acquisition firm of Cypress Capital Advisors acted as advisor to TeRespondo."

-- The Miami Herald, April 19th, 2005

 

SUMMARY: Spanning 3 sovereign jurisdictions and possessing a multitude of valuable commercial partners, TeRespondo was well ahead in the global competition for leadership in Latin America's search advertising market. The partners at Cypress helped TeRespondo's founders identify their strategic and financial options and navigated complex negotiations involving internet heavyweights such as Google, Terra, UOL, and Microsoft's MSN, ultimately consummating a cross-border merger with Yahoo's search advertising divisions in Mexico, Brazil and the US.

 
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