August 3, 2020
Clearsight Advises Grupo ASSA Worldwide (gA) in its Acquisition by Globant
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another highly successful transaction in its Digital Transformation practice. Clearsight served as financial advisor to Grupo ASSA Worldwide (“gA”) in its acquisition by Globant S.A. (NYSE: GLOB) (“Globant”). This deal marks Clearsight’s second LatAm transaction since June and the fifth overall transaction since April.
Grupo ASSA Worldwide is a digital business consulting company with 1,100 IT professionals that enables strategic and operational efficiency through its practiced expertise in enterprise technology and business process management solutions. Headquartered in Miami with a presence in the United States, Argentina, Brazil, Chile, Columbia, Mexico and Spain, gA provides global business solutions for the life sciences, manufacturing and CPG industries through its service platforms powered by artificial intelligence and machine learning technology. The acquisition of gA will further enhance Globant’s nearshore delivery and process automation capabilities as a global leader in digital innovation. gA will also contribute to Globant’s strategic client relationships with Fortune 500 companies looking to innovate through cloud migration, disruptive media and enterprise applications.
Roberto Wagmaister, gA Founder and CEO, celebrated the deal closure, saying, “As a global business, trying to find the right advisor who understands not only the nuances of digital innovation, but the complexities around delivering on a global scale was a challenge. We chose Clearsight because of their industry knowledge, global experience and the expertise they demonstrated from our very first interaction. The Clearsight team was dedicated to both finding the best strategic partner for gA as well as optimizing our transaction. We could not be more pleased with our selection of Clearsight as our strategic financial advisor.”
Joel Kallett, Managing Director and Co-founder of Clearsight remarked, “I am thrilled for Roberto and his entire team at gA. It is clearly evident that they have built a phenomenal culture and finding the right partner in Globant was a critical step for their continued growth. This highly strategic transaction signifies the continuing evolution of the digital innovation ecosystem as the combined entity now has an even more complete set of services for their top tier client base. I look forward to witnessing the positive impact this partnership will have for their clients across the world seeking to innovate their business models.”
Read this transaction’s joint press release at PRNewswire.com