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New Deal


Announced

Completed

Globant completed the acquisition of CloudShift.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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software developer

saas

Private

Completed

Majority

Single Bidder

United Kingdom

Software

Cross Border

Friendly

Acquisition

Synopsis

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Globant, an IT services provider, completed the acquisition of CloudShift, a Salesforce partner. Financial terms were not disclosed. "With Globant's digital transformation expertise and global presence, CloudShift are excited to expand our capabilities and Salesforce studio across Europe. We are thrilled to become part of the Globant team, a premier leader in digital and cognitive transformations, recognized worldwide for its ability to incorporate cloud technologies that enhance customer experience and success," Alastair Murray, CloudShift Founder and CEO.

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