M&A Deal Summary

Globant Acquires Singularity University

On August 13, 2019, Globant acquired education company Singularity University

Acquisition Highlights
  • This is Globant’s 2nd transaction in the Education sector.
  • This is Globant’s 6th transaction in the United States.
  • This is Globant’s 3rd transaction in California.

M&A Deal Summary
Date 2019-08-13
Target Singularity University
Sector Education
Buyer(s) Globant
Deal Type Add-on Acquisition

Target

Singularity University

Santa Clara, California, United States
website
Singularity University offers educational programs, courses, and summits; enterprise strategy, leadership, and innovation programs; programs to support and scale startups and promote social impact; and online news and content. Singularity University is based in Santa Clara, California.

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Buyer(S) 1

Buyer

Globant

Luxembourg, Luxembourg

website

Category Company
Founded 2003
Sector Software
Employees19,428
Revenue 814M USD (2020)
DESCRIPTION

Globant is a provider of software product development and IT outsourcing services from Latin America. Globant was incorporated in 2003 and is headquarters in Luxembourg City, Luxembourg.

DEAL STATS #
Overall 11 of 24
Sector (Education) 2 of 2
Type (Add-on Acquisition) 10 of 23
State (California) 3 of 3
Country (United States) 6 of 10
Year (2019) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-12 Belatrix Software

Redwood City, California, United States

Belatrix Software is nearshore and offshore software development firm. Belatrix Software was founded in 1993 and is based in Redwood City, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-03 gA

Miami, Florida, United States

gA (Grupo Assa) is a digital and cloud transformation services company with presence in the United States, Argentina, Brazil, Chile, Colombia, Mexico and Spain. gA was founded in 1992 and is based in Miami, Florida.

Buy -
Mergr

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