Track record
What Is Craig Dempsey’s Track Record? Biz Latin Hub, the Vistra Acquisition, and The Startup VC
Craig Dempsey built Biz Latin Hub from a two-room Bogota office and sold it to Vistra in December 2025.
Craig Dempsey co-founded Biz Latin Hub in Bogota on September 1, 2014. He grew it into a leading independent professional-services firm across more than 17 countries. Vistra completed its full acquisition on December 4, 2025.
The Startup VC is Craig Dempsey’s family office and company builder in Latin America. This page documents his track record, the Vistra acquisition, and the current portfolio. Owners and buyers can verify each claim through the sources linked below.
17+
countries across LatAm
2014 → 2025
founding to full buyout
11 years
from launch to full buyout
The operator
Who Is Craig Dempsey and What Has He Built?
Craig Dempsey is an entrepreneur, operator, and investor who founded The Startup VC and co-founded Biz Latin Hub. He started Biz Latin Hub in Bogota, Colombia, on September 1, 2014, with David Wright.
Before that, he served as a commissioned officer in the Australian Army. He then held executive roles in international mining across Australia, Canada, Peru, and Colombia. He holds an engineering degree and a Master’s in Project Management from the University of New South Wales.
His track record follows a clear arc:
- Built. He co-founded Biz Latin Hub and scaled it across Latin America.
- Exited. He sold the firm to global services group Vistra in December 2025.
- Now building. He runs The Startup VC, a family office and company builder.
His full background appears on the Meet Craig Dempsey page.
The build
How Did Craig Dempsey Build Biz Latin Hub From Two Rooms to 17-Plus Countries?
Craig Dempsey built Biz Latin Hub by starting small in Bogota and expanding service by service across Latin America. In his own words, the firm began in a small two-room office in Colombia. It launched with a non-existent budget and, for many years, no salaries.
Craig credits persistence, hard work, constant travel, and self-belief for its growth. From that start, Biz Latin Hub grew into a leading independent professional-services provider across more than 17 countries. Its services cover the full back office a company needs to operate in Latin America:
- Company formation
- Legal services
- Accounting and tax advisory
- Payroll
- PEO and recruitment
Owners of similar firms often recognize this build from the inside.
The exit
What Was the Biz Latin Hub and Vistra Acquisition?
The Biz Latin Hub and Vistra acquisition was Vistra’s full buyout of the professional-services firm Craig Dempsey co-founded. On December 4, 2025, Vistra announced it had completed the full acquisition of Biz Latin Hub. No financial terms were disclosed, and none are stated here.
The deal built on a longstanding affiliate partnership between the two firms. That partnership dates from 2018, per our case study of the exit. The Vistra and Biz Latin Hub announcements describe it only as a partnership of many years. The relationship followed three clear milestones:
| Milestone | When |
|---|---|
| Biz Latin Hub co-founded in Bogota | September 1, 2014 |
| Vistra affiliate partnership began | 2018 |
| Vistra completed the full acquisition | December 4, 2025 |
After the deal, Vistra launched Vistra Latam, a unit focused on Latin America. Trade coverage describes it as spanning more than 17 markets across the Americas. It offers support in English, Spanish, and Portuguese.
Verify independently
You can verify this transaction through independent, published sources:
- Vistra’s official announcement of the completed acquisition.
- Biz Latin Hub’s announcement of the deal.
- FF News coverage of the new Vistra Latam unit.
- CFOtech coverage of the same launch.
Both companies commented publicly on the deal. Jim Lee, EVP Americas at Vistra, said:
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.
Douglas Davis, Group President of BLH, said:
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.
Today
What Is The Startup VC Building Today?
The Startup VC is Craig Dempsey’s family office and company builder, active across Latin America. It deploys Craig’s own capital into founder-led, profitable service businesses across Latin American markets. Its investment focus targets companies with room to grow regionally and a clear path to profit.
The current portfolio includes Medical Tourism Packages and Global Group Investments. Medical Tourism Packages coordinates medical travel across Colombia, Panama, Costa Rica, and Mexico. Craig chairs the venture and plans to expand it into Brazil. It connects patients with JCI-accredited hospitals across Latin America.
How we help
How Does Craig Dempsey’s Experience Support M&A Advisory in Latin America?
Craig Dempsey’s experience supports M&A advisory by giving owners and buyers a partner who built and sold a regional firm. He has stood in the seat of a founder selling a professional-services company. The Startup VC applies that experience on both sides of a deal.
It serves two groups preparing for a transaction in Latin America:
For owners exploring an exit
- Guidance on buyers, valuation, and deal structure
- A confidential, founder-to-founder process
- An advisor who has sold a firm like yours
For funds and acquirers
- Buy-side support for the whole acquisition
- On-the-ground entity setup, hiring, and compliance
- Integration support across more than 17 countries
On the sell-side, The Startup VC helps owners sell a professional-services firm in Latin America. It walks through likely buyers, valuation, and deal structures. These buyers include strategic acquirers, private equity funds, and search funds. See our guide on how to exit a professional-services company in Latin America.
On the buy-side, it backs acquirers with entity setup, hiring, compliance, and integration support. This reach comes from operating across Latin America since 2014.
FAQ
What Questions Do Owners and Buyers Ask Most About Craig Dempsey’s Track Record?
Owners and buyers ask these questions most before a confidential conversation.
Did Craig Dempsey really sell Biz Latin Hub to Vistra?
Yes, Craig Dempsey sold Biz Latin Hub to Vistra. Vistra announced the completed full acquisition on December 4, 2025. You can read both companies’ announcements, which are linked above.
What were the financial terms of the Biz Latin Hub Vistra acquisition?
No financial terms were disclosed for the Biz Latin Hub Vistra acquisition. Neither Vistra nor Biz Latin Hub published a price or valuation. This page states no deal value and implies none.
How many countries does Biz Latin Hub operate in?
Biz Latin Hub operates in more than 17 countries across Latin America. Its services span company formation, legal, accounting, tax advisory, payroll, and recruitment.
What does The Startup VC do now?
The Startup VC is Craig Dempsey’s family office and company builder. It builds and backs founder-led service companies across Latin America. Its current portfolio includes Medical Tourism Packages and Global Group Investments.
Can The Startup VC help me sell my professional-services firm in Latin America?
Yes, The Startup VC helps owners sell a professional-services firm in Latin America. Craig has personally built and exited such a firm. You can request a confidential conversation through the contact page.
Does The Startup VC work with buyers and investors?
Yes, The Startup VC works with buyers and investors. It backs strategic acquirers, private equity funds, and search funds. Support covers entity setup, hiring, compliance, and integration.
Get in touch
Ready to Discuss a Confidential Exit or Acquisition in Latin America?
The Startup VC is Craig Dempsey’s family office and company builder in Latin America. It brings operator experience to both sides of a deal.
Two paths, one confidential channel:
- Owners. Considering a partial or full exit of your professional-services firm? Request a confidential conversation and select Investment Banking.
- Funds and acquirers. Discuss your Latin American acquisition thesis through the same channel.
Contact us today to start the conversation.