Skip to content
Published
29 August 2024
Read time
2 minutes

TMF Group expands accounting, payroll and entity management services in Uruguay with acquisition of Auren S.C.

Building reflected on windows in Montevideo, Uruguay

TMF Group, a leading global provider of compliance and administrative services, today announced the acquisition of accounting and tax, HR and payroll, and global entity management operations from Auren S.C.

Based in Uruguay, Auren S.C. is known for its extensive expertise in tax and legal advice, consulting and corporate finance, with a focus on quality, innovation and client proximity.

This acquisition significantly enhances TMF Group’s capabilities and portfolios in accounting and tax, payroll, and entity management. Following other recent acquisitions in Mexico, this expansion also aligns with TMF Group’s growth strategy in the Latin American market.

This acquisition is a vital part of our expansion plan in the Latam region and we are delighted to welcome the employees and clients from Auren S.C.  to our team. The addition of these practices, combined with their extensive network and expertise, will significantly enhance TMF presence and service excellence in the market and the region. Their clients will also have the opportunity to expand their businesses globally, benefiting from TMF Group’s worldwide presence.

Monica Vera Head of Latin America

This acquisition represents a significant milestone for our company, ensuring that our expertise reaches a wider audience through TMF Group’s extensive network. We are also thrilled to have the chance to add value to their proposition and complement their service capabilities, with a mission to deliver substantial benefits to both our professionals and clients.

Hector Lorenzo y Losada Main Partner of Auren S.C.
Media Contacts

Zulfadhli Ibrahim, Corporate Communications Executive
zulfadhli.ibrahim@tmf-group.com 
T: +60 3 2382 4288

David Ramirez, Regional Marketing Lead, LATAM
david.ramirez@tmf-group.com