M&A Deal Summary

Globant Acquires Vertic

On January 10, 2023, Globant acquired business services company Vertic

Acquisition Highlights
  • This is Globant’s 4th transaction in the Business Services sector.
  • This is Globant’s 1st transaction in Denmark.
  • This is Globant’s 2nd transaction in New York.

M&A Deal Summary

Date 2023-01-10
Target Vertic
Sector Business Services
Buyer(s) Globant
Deal Type Add-on Acquisition

Target

Vertic

Copenhagen, New York, Denmark
Vertic is a creative consultancy with a strong focus on life sciences and other B2B disciplines. The company designs digital experiences rooted in deep strategic understanding for blue-chip companies like Eli Lilly, Biogen, Roche, Hyland, Microsoft, and GE Healthcare. Formed in 2002, Vertic is based in Copenhagen and New York City.

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Buyer(S) 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 STATS #
Overall 21 of 26
Sector: Business Services M&A 4 of 6
Type: Add-on Acquisition M&A Deals 20 of 25
State: New York M&A 2 of 2
Country: Denmark M&A 1 of 1
Year: 2023 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-29 Sysdata

Bologna, Italy

Sysdata is a business and technology consultancy that provides advisory services and end-to-end digital transformation projects to blue-chip companies in key industries such as Banking, Insurance, Automotive, Energy, and Retail. It has proven solid capabilities in Data Analytics, Marketing Technology, Business Intelligence, Enterprise Architecture, and Mobile Applications. Sysdata was formed in 1980 and is based in Bologna, Italy.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-24 ExperienceIT

Bloomington, Minnesota, United States

ExperienceIT offers its clients design, delivery, advisory, and agile training services in connection with end-to-end digital transformation projects related to customer service experience, M&A integration, IT modernization, and digital optimization, among other areas. ExperienceIT was founded in 2014 and is based in Bloomington, Minnesota.

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