![[Dominican Republic] Auxadi will create Caribbean operations hub](http://gpa.net/cdn/shop/articles/bigstock-National-Palace--Santo-Doming-7257692_428d5ade-efbf-4bab-a376-eefb299bbfba_1200x.jpg?v=1747326844)
Auxadi - a Spanish tech-enabled solutions provider operating in more than 33 Latin American countries - has announced the purchase of a Dominican company that will allow them to expand their services by creating a hub from which to operate in the LAC region, Dominican Today reports.
Auxadi is a Spanish family-owned company that offers legal advice, tax obligations support, accounting, payroll, and cash management, among other services. It is a global platform with a single point of contact, operating in over 50 countries.
In a conversation with Listín Diario, following the presentation of the XVII 2025 report, Panorama of Spanish Investment in Latin America, Víctor Salamanca, Auxadi’s CEO, stated that the Dominican Republic is a significant market where the company has purchased an accounting firm.
Mr Salamance reportedly described Auxadi as an important company that manages baseball and telephone company payrolls. He added that Auxadi is buying other companies in London, Miami and Belgium, together with a legal firm in Spain, demonstrating their organic and inorganic growth.
“We need local growth, so to help our clients adapt with local knowledge, we have to buy,” he said.
The CEO stated that Auxadi offers services and consulting in telecommunications, the hotel sector, infrastructure, and all sectors where Spanish investment goes.
According to Mr Salamanca, this latest move will mean more local jobs for Dominicans because Auxadi will be established here and can access other Caribbean markets from the country.
The final investment amount reportedly has yet to be determined, however, Mr Salamanca stated that there will be a monthly impact of US$10 million.
Source: Dominican Today
(Quote via original reporting)
Auxadi - a Spanish tech-enabled solutions provider operating in more than 33 Latin American countries - has announced the purchase of a Dominican company that will allow them to expand their services by creating a hub from which to operate in the LAC region, Dominican Today reports.
Auxadi is a Spanish family-owned company that offers legal advice, tax obligations support, accounting, payroll, and cash management, among other services. It is a global platform with a single point of contact, operating in over 50 countries.
In a conversation with Listín Diario, following the presentation of the XVII 2025 report, Panorama of Spanish Investment in Latin America, Víctor Salamanca, Auxadi’s CEO, stated that the Dominican Republic is a significant market where the company has purchased an accounting firm.
Mr Salamance reportedly described Auxadi as an important company that manages baseball and telephone company payrolls. He added that Auxadi is buying other companies in London, Miami and Belgium, together with a legal firm in Spain, demonstrating their organic and inorganic growth.
“We need local growth, so to help our clients adapt with local knowledge, we have to buy,” he said.
The CEO stated that Auxadi offers services and consulting in telecommunications, the hotel sector, infrastructure, and all sectors where Spanish investment goes.
According to Mr Salamanca, this latest move will mean more local jobs for Dominicans because Auxadi will be established here and can access other Caribbean markets from the country.
The final investment amount reportedly has yet to be determined, however, Mr Salamanca stated that there will be a monthly impact of US$10 million.
Source: Dominican Today
(Quote via original reporting)