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Add-on Acquisition • Staffing

Globant Acquires TerraForum Consulting

On October 29, 2012, Globant acquired staffing company TerraForum Consulting

Acquisition Context
  • This is Globant’s 1st transaction in the Staffing sector.
  • This is Globant’s 1st transaction in Brazil.

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M&A Deal Summary
Date October 29, 2012
Target TerraForum Consulting
Sector Staffing
Buyer(s) Globant
Deal Type Add-on Acquisition

Target Company

TerraForum Consulting

Sao Paulo, Brazil
TerraForum Consulting is a provider of high-end solutions in the areas of knowledge management, innovation management, competitive intelligence and software development.
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Buyer Overview 1

Buyer

Globant

Luxembourg, Luxembourg
Category Company
Founded 2003
Sector Software
Employees30,084
Revenue 2.4B USD (2024)
DESCRIPTION

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

Deal Context for Buyer #
Overall 2 of 26
Sector: Staffing 1 of 1
Type: Add-on Acquisition 2 of 25
Country: Brazil 1 of 2
Year: 2012 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-02 Nextive

San Francisco, California, United States

Nextive is a mobile and social technologies company that works for clients like Zynga, Crowdstar and GSN.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-14 Clarice Technologies Pvt.

Pune, India

Clarice Technologies Pvt. Ltd. is an innovative software product development company.

Buy -

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