Vistra acquires Biz Latin Hub, strengthening its Latin American presence and driving growth in the Americas

This acquisition marks a significant milestone for Vistra, further extending its reach into Latin America which is fast becoming one of the world’s most dynamic and strategically important regions. The move builds on a longstanding partnership between Vistra and BLH, who have successfully collaborated for many years through an affiliate arrangement delivering robust client solutions across the region.

This deal follows Vistra’s recent acquisition of iiPay, positioning Vistra as a top four market leader in global payroll. 

Combining BLH’s deep local knowledge and client relationships with Vistra’s global platform, we are uniquely placed to accelerate our shared ambition to accelerate our shared ambition to drive growth in the Americas and deliver even greater value to clients, expanding our client service capabilities across the growing Latin American region.

Jim Lee, EVP Americas, Vistra, commented, “Foreign direct investment into Latin America grew by over 7% in 2024, driven by nearshoring trends as U.S. companies reposition supply chains closer to home, alongside increasing cross-border trade. This acquisition means Vistra and BLH can help clients capitalise on these evolving opportunities, providing broader coverage, deeper expertise, and seamless service delivery across the Americas.”.

Vistra and Biz Latin Hub have a shared purpose: to help clients achieve progress without friction. As we join together, we will be even better positioned to support international companies expanding into and across the Americas.

Douglas Davis, Group President of BLH, added, “We have partnered with Vistra for many years, working seamlessly together to support multiple clients across Latin America. BLH has established itself as a trusted partner to corporate clients, with a strong reputation for excellence and a client base that includes a large proportion of mid to large U.S.-based enterprises This acquisition feels like the natural next step in our relationship and we are excited by the opportunities this brings to our people and our clients.”

Together, Vistra and BLH will serve clients in over 50 markets globally, while continuing to strengthen their combined 18-country footprint across Latin America.