M&A Deal Summary

LG lugar de gente Acquires eguru

On September 12, 2016, LG lugar de gente acquired internet software and services company eguru

Acquisition Highlights
  • This is LG lugar de gente’s 1st transaction in the Internet Software and Services sector.
  • This is LG lugar de gente’s 2nd transaction in Brazil.

M&A Deal Summary

Date 2016-09-12
Target eguru
Sector Internet Software and Services
Buyer(s) LG lugar de gente
Deal Type Add-on Acquisition

Target

eguru

São Paulo, Brazil
eguru is a developer of cloud based solution for employee recruiting and training such as learning games, e-learning, LMS platform, among others.

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Buyer(S) 1

Buyer

LG lugar de gente

Goiania, Brazil

Category Company
Founded 1985
Sector Staffing
Employees350
DESCRIPTION

LG lugar de gente specializes in human resources software solutions. The company provides software and services that support the human resource activities of over 400 companies across a variety of industries. LG lugar de gente was founded in 1985 and is based in Goiania, Brazil.


DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Brazil M&A 2 of 2
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-04 W3net

Belo Horizonte, Brazil

W3net is a provider of SaaS Human Capital Management Systems (“SaaS HCMS”) with best-in-class employee performance, goal management and feedback functions.

Buy -