| 19 October, 2009 - High Street Partners today announced a strategic alliance with ICS Consultores. This expanded relationship allows HSP to offer its clients enhanced support capabilities in the fast-growing Latin American market.
ICS has been one of HSP’s premier local partners for several years. Based in San Jose, Costa Rica, the firm specializes in Tax & Legal Compliance, Risk Consulting and Outsourcing. Its client roster includes many of the region’s top employers, including Phillip Morris, Gensler, Kimberly Clark, Chiquita, Amadeus Global, Indra and Kraft Foods, as well as numerous venture capital-backed companies. ICS is managed by founder Francisco Villalobos Brenes, an attorney and professor of tax law at the Law School of the University of Costa Rica.
“As U.S. and European businesses increasingly look to Latin America for market opportunities, we want ICS to stay at the top of their local partner list,” says Francisco Villalobos Brenes, ICS founder. “A strong relationship with HSP is a good way of guaranteeing that. HSP has provided a solid pipeline of work over the last couple of years. Clearly, the company has become a provider of choice for U.S. and EU-headquartered businesses expanding into Central and South America.”
HSP supports numerous high-tech, university and not-for-profit clients across Latin America, including those with operations in Mexico, Brazil, Costa Rica, Chile, Peru, Guatemala, Argentina and the Caribbean. ICS has provided assistance in-region to many of them, in critical areas like tax compliance, legal and accounting outsourcing.
Latin America is widely considered a top growth market, and its economic weight is likely to increase substantially over the coming years. The region has become an attractive emerging market for service sourcing, in competition with India and China, due to its proximity to the U.S. and the shared time zone it offers. The four Latin American giants, Mexico, Brazil, Chile and Argentina, all fall in the EST +/- two- hour time zone, a significant advantage for U.S. and European corporations.
“Over the last few years, we’ve been impressed by the level of service our clients operating in Latin America have received from ICS,” said Larry Harding, president of High Street Partners. “This more formal alliance serves to strengthen the collaboration. We share a similar view of the Latin American marketplace, and a clear idea not only of the types of services that U.S. and European-headquartered companies need in this region, but also the manner in which those services need to be delivered.” About ICS Consultores
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About ICS Consultores Since 1993, ICS has dedicated itself to providing exceptional tax, legal and outsourcing services to clients. The firm offers accounting outsourcing and outsourcing processes, risk control and internal audit services, and tax and legal advisory services, throughout the region. ICS is an independent member of the prestigious Baker Tilly International network, and a founding partner of Tax & Labor Central America. For more information, visit the ICS website at http://www.icstax.com.
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