M&A Deal Summary

Globant Acquires Blankfactor

On September 10, 2024, Globant acquired information technology company Blankfactor

Acquisition Highlights
  • This is Globant’s 10th transaction in the Information Technology sector.
  • This is Globant’s 11th transaction in the United States.
  • This is Globant’s 2nd transaction in Florida.

M&A Deal Summary
Date 2024-09-10
Target Blankfactor
Sector Information Technology
Buyer(s) Globant
Deal Type Add-on Acquisition

Target

Blankfactor

Miami, Florida, United States
Blankfactor specializes in delivering consulting-led product engineering, data engineering, and enterprise AI solutions. Blankfactor is based in Miami, Florida.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Globant

Luxembourg, Luxembourg
Category Company
Founded 2003
Sector Software
Employees29,112
Revenue 2.1B USD (2023)
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 25 of 26
Sector (Information Technology) 10 of 11
Type (Add-on Acquisition) 24 of 25
State (Florida) 2 of 3
Country (United States) 11 of 12
Year (2024) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-28 Iteris

Brazil

Iteris develops end-to-end solutions across several industries, such as payments & banking, manufacturing, communications, education, retail, and healthcare. Iteris was founded in 2009 and is based in São Paulo, Brazil.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-26 Exusia

Miami, Florida, United States

Exusia is an IT services consulting firm specializing in full lifecycle AI, data engineering, cloud migration, and analytics capabilities including strategy, implementation, and managed services. Exusia was founded in 2012 and is based in Miami, Florida.

Buy -
Mergr

Product

Company

Legal