Siigo has acquired Chilean cloud software company Bsale and committed US$100 million to expanding across Latin America, escalating competition for the region’s growing small business technology market.<\/p>\n\n\n\n
The Accel-KKR-backed accounting software provider will integrate Bsale’s sales management platform with its existing accounting, payroll and administrative systems, creating a broader software offering for small and medium-sized enterprises (SMEs).<\/p>\n\n\n\n
Financial terms of the acquisition were not disclosed.<\/p>\n\n\n\n
Founded two decades ago, Bsale operates across Chile, Mexico and Peru, providing cloud software that connects physical retail operations, e-commerce platforms and other sales channels.<\/p>\n\n\n\n
Siigo intends to double Bsale’s business in the coming years, although it has not disclosed financial targets or a timetable.<\/p>\n\n\n\n
David Ortiz, CEO, Siigo Latam, described the acquisition as “a long-term commitment to sales software in Latin America.”<\/p>\n\n\n\n
The transaction marks Siigo’s second acquisition in Chile following its 2025 purchase of local software provider Kame.<\/p>\n\n\n\n
Siigo currently operates in Colombia, Ecuador, Uruguay, Peru, Mexico and Chile, employing more than 4,500 people and serving approximately 1.3 million SMEs and accountants.<\/p>\n\n\n\n
Its newly announced US$100 million regional investment programme will support Bsale’s expansion into additional markets, strengthen existing operations and accelerate artificial intelligence development.<\/p>\n\n\n\n
The company plans to embed AI capabilities into business software, helping SMEs automate administrative processes, analyse commercial data and improve operational decision-making.<\/p>\n\n\n\n
Bsale co-founder Elvira Montero said joining Siigo would help entrepreneurs organise their businesses across Latin America.<\/p>\n\n\n\n
The acquisition reflects intensifying consolidation in Latin America’s fragmented SME software sector, where integrated cloud platforms and AI automation are becoming increasingly important competitive battlegrounds.<\/p>\n","protected":false},"excerpt":{"rendered":"
Siigo has acquired Chilean cloud software company Bsale and committed US$100 million to expanding across Latin America, escalating competition for the region’s growing small business technology market. The Accel-KKR-backed accounting software provider will integrate Bsale’s sales management platform with its existing accounting, payroll and administrative systems, creating a broader software offering for small and medium-sized […]<\/p>\n","protected":false},"author":58,"featured_media":20127,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4913,56,3],"tags":[8635,8637,6789,112,8634,5830,3188,121,7210,8632,6757,213,8636,8633],"class_list":["post-20126","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-acquisitions","category-chile","category-top-stories","tag-accel-kkr","tag-accounting-software","tag-ai-automation","tag-artificial-intelligence","tag-bsale","tag-chile-technology","tag-cloud-software","tag-digital-transformation","tag-latin-america-technology","tag-mergers-and-acquisitions","tag-retail-technology","tag-saas","tag-siigo","tag-sme-software"],"acf":[],"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.intelligentcio.com\/latam\/wp-json\/wp\/v2\/posts\/20126","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.intelligentcio.com\/latam\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.intelligentcio.com\/latam\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/latam\/wp-json\/wp\/v2\/users\/58"}],"replies":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/latam\/wp-json\/wp\/v2\/comments?post=20126"}],"version-history":[{"count":1,"href":"https:\/\/www.intelligentcio.com\/latam\/wp-json\/wp\/v2\/posts\/20126\/revisions"}],"predecessor-version":[{"id":20128,"href":"https:\/\/www.intelligentcio.com\/latam\/wp-json\/wp\/v2\/posts\/20126\/revisions\/20128"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/latam\/wp-json\/wp\/v2\/media\/20127"}],"wp:attachment":[{"href":"https:\/\/www.intelligentcio.com\/latam\/wp-json\/wp\/v2\/media?parent=20126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/latam\/wp-json\/wp\/v2\/categories?post=20126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/latam\/wp-json\/wp\/v2\/tags?post=20126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}