27 February, 2019 Colombia

Globant’s Acquisition Of Avanxo

Corporate / M&A

Marval, O’Farrell & Mairal, Gómez Pinzón, Clasen, Caribé & Casado Filho, Santistevan & Duclaud, Rebaza, Alcázar & De las Casas, Appleby Global, Enterprise Counsel Group, Philippi, Prietrocarrizosa Ferrero DU & Uría, Miguel Neto, Sánchez Devanny, Lazo & De Romaña, Díaz Bobillo Vittone, Sherman & Sterling and Wakefield Quin Limited advised on the deal


Globant (NYSE: GLOB), a digitally native technology services company, has entered into a binding agreement to acquire Avanxo, a leading cloud transformation company with presence in the United States, Brazil, Mexico, Colombia, Peru and Argentina. Subject to completion of certain requirements set forth in the purchase agreement, the transaction is expected to close in February 2019.

With this acquisition, Globant continues to focus its capabilities in creating digital experiences for large organizations worldwide, expanding its broad expertise in corporate process optimization and cloud technologies.

Avanxo pioneered the Cloud System Integration market in Latin America and received widespread recognition for its expertise and ability to drive customer success. Avanxo was recognized as a most valuable partner and became the first independent Platinum Consulting Partner of Salesforce in Latin America. The company is an Advanced Consulting and MSP Certified Partner of Amazon Web Services, and has consistently been recognized by leading publications such as Talkin’ Cloud, CIO Review, CIO Application, Forrester Research and others. The company has 310 IT professionals exceptionally skilled in cloud capabilities and working for renowned brands such as ABInBev, Sulamerica, Ecopetrol, Sika, Allianz, Terpel, Samsung, La Meridional, Audi Argentina, Sodimac and many others.

Marval, O’Farrell & Mairal advised Globant with Hernán Slemenson (Picture), María Inés Brandt, Santiago del Río, Daniela Bianchi, Matías Brouchy, Fernanda Agustina Reinés, Ignacio Mora, Luciana Virgile, Pedro Cressall and Eugenio Manzo.

In Colombia, Gómez Pinzón advised Globant with Natalia García Arenas, Emanuela Guevara Fadul and Santiago Peláez Martínez.

In Brazil, Clasen, Caribé & Casado Filho advised Globant with Napoleão Casado Filho, Bryan Simoni Longo and Daniel Mendes Bioza.

In Mexico, Santistevan & Duclaud advised Globant  with Jorge Santistevan and Diego Santistevan.

In Perù, Rebaza, Alcázar & De las Casas advised Globant with Alberto Rebaza, Alexandra Orbezo and María Fernanda Gadea.

In US, Enterprise Counsel Group advised Globant with Michael Vaughn.

Appleby advised Globant in Bermuda with Gary Harris and  Shannon Cann.

Philippi, Prietrocarrizosa Ferrero DU & Uría advised Avanxo (Bermuda) Limited with Claudia Barrero, Martín Acero, Diego Cardona, Cristina Rueda, Andrea Cubillos and Federica del Llano.

In Brazil, Miguel Neto advised Avanxo (Bermuda) Limited with  Decio Andrade and Nayara Farias Ferraz.

In Mexico, Sánchez Devanny advised Avanxo (Bermuda) Limited with Guillermo Villaseñor, Ricardo León, Pedro Palma. Bufete del Villar advised Avanxo (Bermuda) Limited with Javier Rivero and Jessica Fernández.

In Perù, Lazo & De Romaña advised with Luis Lazo.

In Argentina, Díaz Bobillo Vittone & Asociados advised Avanxo (Bermuda) Limited with Andrés Vittone.

In US, Sherman & Sterling advised with Grissel Mercado and  Anna Shepard.


Wakefield Quin  advised the sellers with Roderick Forrest y su asociada Heidi Daniels-Roque.

Source: Global Legal Chronicle

Link to publication