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Announced

Completed

Globant completed the acquisition of ExperienceIT.

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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United States

Cross Border

Private

Business Process Outsourcing

consulting firm

Acquisition

Single Bidder

Majority

Completed

digital transformation

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Synopsis

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Globant, a digitally native technology services company, completed the acquisition of ExperienceIT, a US-based digital transformation consultancy company. Financial terms were not disclosed. "We are excited to welcome ExperienceIT to our Globant family to continue scaling our services with clients across North America. Both organizations share the same passion and drive to support organizations to unleash innovation, reach new levels of success, and reinvent themselves and their industries through digital transformation. We are witnessing a huge paradigm shift driven by AI, and our expertise will allow us to keep surprising our clients with the best experiences as we grow our presence in the region," Martín Migoya, Globant Co-Founder and CEO.

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