Case study

Expert advice for an Argentinian entertainment and event production company

The client is an Argentinian entertainment and event production company with major operations in Argentina. The client was a spin-out from an existing company and has gone on to great success with the merge with a US listed Company.

The client challenge

The client required expert advice to spin-out from an existing company in order to set up on its own. It required audit, tax and advisory services in Argentina and, over the years, in Uruguay and Paraguay as well.

The solution

Nexia Abelovich, Polano & Asociados, supported the client from the very beginning. Nexia was able to support operations and business needs in different countries as and when business requirements manifested. Nexia has become the client’s trusted auditors and business advisors, not only for the entertainment company, but also for the business interests and personal enterprises of the business owner, particularly for real estate development in Uruguay.

Value

Three years after initial engagement with Nexia, this client merged with one of the US largest firms in the world, listed on the NY Stock Exchange, giving more strength to its business and improving its presence in Latin America. Nexia Abelovich, Polano & Asociados provided expert advice on its M&A transaction, taxes and audit, and, subsequently, have introduced Nexia firms Bonomi (Uruguay) and Gerardo Ruiz (Paraguay) to help them with cross border audit and tax requirements.

Finally, as a result of their growth, it was necessary to support them in improving their business operations and processes and Nexia Abelovich, Polano & Asociados referred the client to Together BC, a Nexia consulting firm based in Buenos Aires, Argentina, who completed the mandate with great success.

This connectivity and collaboration is standard for all ambitious Nexia clients.

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