LUXEMBOURG, Dec. 18, 2020 /PRNewswire/ — Globant (NYSE: GLOB), a digitally native know-how providers firm, right this moment introduced the acquisition of Spain-based Bluecap, a specialised consultancy agency that leverages superior analytics to develop new enterprise fashions for monetary establishments.
With this acquisition, Globant reinforces its main place in remodeling organizations whereas it continues increasing its operations in Europe. Bluecap will preserve its identify and picture because the technique consulting model of Globant and Maite Barrera, Bluecap’s CEO & founder, will be part of the group’s international govt group.
“At the moment greater than ever, organizations have to reinvent themselves to maneuver ahead. On the similar time, we imagine that there’s a sturdy alternative in Europe so we wish to proceed increasing within the area,” mentioned Martín Migoya, Globant’s CEO and co-founder. “Bluecap’s consulting and analytical experience shall be key to maintain remodeling organizations leveraging our sturdy concentrate on digital tendencies, AI and knowledge analytics.”
Bluecap is a specialised strategic consultancy agency targeted on the monetary sector. Headquartered in Spain, with workplaces in Madrid and Barcelona, Bluecap has greater than 160 consultants working for famend monetary establishments, comparable to Santander, Caixabank and Sabadell. The corporate offers the C-suite of enormous monetary establishments with knowledgeable recommendation on the strategic administration of Danger, Business, Finance and Capital whereas leveraging its experience in superior analytics.
“At Bluecap, we design new enterprise fashions and techniques for tomorrow’s banks, drawing on our superior analytical expertise whereas serving to to combine new providers supplied by probably the most progressive fintech companies. By becoming a member of forces with Globant, we will supply even higher worth to our shoppers, combining our business banking and threat administration capabilities, with Globant’s digital transformation experience and their international presence,” mentioned Maite Barrera, Bluecap’s founder and CEO.
Martín Umaran, Globant’s co-founder and Chief of Employees in command of M&A, added: “We’re actually proud to have Bluecap be part of our group. With this acquisition, we’re shifting ahead with closing strategic investments in areas that complement Globant’s worth proposition.”
About Globant
We’re a digitally native firm the place innovation, design and engineering meet scale. We use the newest applied sciences within the digital and cognitive area to rework organizations in each side.
- Now we have greater than 14,300 staff and we’re current in 16 nations working for firms like Google, Rockwell Automation, Digital Arts and Santander, amongst others.
- We have been named a Worldwide Chief in CX Enchancment Providers by IDC’s MarketScape report.
- We have been additionally featured as a enterprise case examine at Harvard, MIT, and Stanford.
- We’re a member of the Cybersecurity Tech Accord.
For extra data, go to www.globant.com
Ahead Wanting Statements
This press launch incorporates “forward-looking statements” throughout the that means of the Personal Securities Litigation Reform Act of 1995. The expectations associated to the companies of Globant and Bluecap could differ from their precise outcomes and consequently, you shouldn’t depend on these ahead wanting statements as predictions of future occasions. In some instances, you may establish forward-looking statements by terminology comparable to “imagine,” “could,” “will”, “estimate,” “proceed,” “anticipate,” “intend,” “ought to,” “plan,” “count on,” “predict,” “potential,” or the adverse of those phrases or different related expressions. These forward-looking statements embrace, with out limitation, expectations with respect to the anticipated advantages of the proposed acquisition. These forward-looking statements contain important dangers and uncertainties that would trigger the precise outcomes to vary materially from the anticipated outcomes. Most of those elements are exterior of the management of Globant and Bluecap and are tough to foretell. Elements that will trigger such variations embrace, however aren’t restricted to: (1) the flexibility to acknowledge the anticipated advantages of the proposed acquisition, (2) prices associated to the proposed acquisition, (3) adjustments in relevant legal guidelines or laws, (4) the demand for Bluecap’s providers along with the likelihood that Bluecap could also be adversely affected by different financial, enterprise, and/or aggressive elements; and (5) different elements mentioned below the heading “Danger Elements” in our most up-to-date Kind 20-F filed with the Securities and Change Fee and another threat elements included in subsequent reviews on Kind 6-Ok. Due to these uncertainties, you shouldn’t make any funding choice primarily based on these forward-looking statements. Besides as required by regulation, we undertake no obligation to publicly replace any forward-looking statements for any purpose after the date of this press launch whether or not on account of new data, future occasions or in any other case.
Contact
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SOURCE Globant
