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New Deal


Announced

CI&T to acquire Somo for $67m.

Financials

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Transaction Value£49m
Consideration TypeOrdinary Shares, Cash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Cross Border

digital agency

Acquisition

United Kingdom

Pending

Media Agencies

Friendly

Single Bidder

digital services

Private

Synopsis

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CI&T, a global digital company, agreed to acquire Somo, a provider of digital services, for $67m. “Somo and CI&T have a similar culture - people first, innovation-driven and a strong reputation with global brands. Together we will be able to combine the power of a global company with the strength of a strong European player,” Cesar Gon, CI&T Founder and CEO.

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