BRIDGETOWN, Barbados – IDB Invest announced a financing of up to USD 30 million for Productive Business Solutions Limited (PBS), a leading technology solutions provider headquartered in Barbados, to expand access to digital services and support the adoption of technology across Latin America and the Caribbean.
PBS operates in 24 countries, delivering integrated engineering and technology solutions that enable organizations to accelerate digital transformation. Its portfolio spans information technology, networking and communications, security systems, print and imaging, managed services, and AI-enabled solutions.
The financing will support PBS’s growth strategy and help expand access to innovative solutions that enable businesses and public institutions across the region to improve efficiency, modernise operations, and strengthen service delivery.
“The Caribbean has companies with the experience and ambition to scale across the region, and this is a clear example,” said Darryl White, managing director for the Caribbean region at IDB Invest. “Our role is to provide the financing and partnership they need to expand their reach, strengthen their operations and deliver greater impact across the markets they serve.”
“This financing agreement reinforces our long-term strategy of investing in the capabilities, expertise and partnerships needed to meet the evolving technology needs of the region. It strengthens our ability to better serve our customers and partners, broaden access to innovative technology solutions, deliver long-term value, and create lasting impact in the communities we serve,” said Pedro M. Paris, Group CEO of PBS.
Digital transformation is essential to improving competitiveness and productivity across the region. By supporting PBS’s expansion, the project is expected to help more companies and institutions participate in the digital economy, while contributing to productivity gains, job creation, and greater access to technology in Caribbean and Central American markets.
The financing consists of up to USD 30 million through a secured loan and committed revolving credit facility. The financing will provide flexible funding to support working capital needs and growth investments.