Vervantis celebrates its eighth anniversary by cementing its presence in the Latin American market with its first office in the North of the region based in Medellin, Colombia. Nestled in the heart of Medellin, in Poblado, sits The Forum office complex, where Vervantis has secured space for more than twenty employees which it anticipates will be close to capacity by year-end.
Poblado is a vibrant neighborhood that has undergone a remarkable transformation over the past few decades, fast becoming the center of finance for the city. Today, it is one of the safest and most affluent neighborhoods, known for its stunning architecture, with several historic buildings and landmarks scattered throughout the area.
“The energy markets across South America continue to liberalize,” says Vervantis President Dan Moat. “Until now, we have been providing support to clients in the local language from our main operations center in Arizona, but it has become clear that we need to increase our footprint to keep up with demand.”
Vervantis has been growing at a phenomenal rate, already managing a $3bn energy spend and the processing of over a million invoices a year for its clients, the company expects to continue its double-digit year on year growth for many years to come.