Thursday, June 8, 2023

Globant acquires Pentalog and continues its European expansion

Within the framework of the “Choose France Summit” event, which will be attended by President Emmanuel Macron, Globant’s CEO will announce the agreement as part of the consolidation of the company’s presence in Europe.

Pentalog is a leading digital transformation company based in France, providing a diverse range of services and a strong client base across Europe. With this agreement, Globant also improves its presence in Germany, Netherlands, Switzerland and Austria.

they are applauding (NYSE: GLOB), a digital native company focused on reshaping businesses through innovative technology solutions, announced that it has entered into a definitive agreement to acquire Pentalog, a renowned digital transformation consulting firm. that creates advanced technology products and solutions for digital businesses across industries. such as finance, sports, gaming, travel and education.

The acquisition will support Globant’s plans to expand its presence and services in France. The agreement is also vital to the company’s growth plans by adding a strong team of highly trained engineers, technology experts and consultants as well as an impressive customer base in Germany, the Netherlands, Switzerland and Austria.

Martin Migoya, co-founder and CEO of Globant, will make a statement on this important investment at the “Choose France Summit” at the Palace of Versailles.

Pentalog works with some of the biggest brands across key industries including Criteo, Adidas, Cegid, BitPanda, TripAdvisor, Ipsos and G4S. The company is currently developing over 250 digital solutions and products with some of the world’s most innovative engineers. This association will allow current and potential customers of Globant and Pentalog to take advantage of the closer collaboration for an enriched and expanded value proposition.

Founded in Orléans, France in 1993, Pentalog has 1,300 employees in France, Romania, Moldova, Mexico, Vietnam, the United States and others. The company offers a robust range of digital services to solve its clients’ business challenges and help them expand their internal teams through an exclusive talent recruitment service. In its 30 years of existence, Pentalog has built a strong business, with approximately 80% of its revenue coming from European clients and the rest being generated in North America.

Frédéric Lasnier, co-founder and CEO of Pentalog, will remain in Globant along with other executives and the entire Pentalog team.

“France is one of the world’s leading economies and innovation centers, and we wanted Globant to have a strong presence in such an important region. Pentalog impressed us with its culture of innovation, its customer-centric approach and the diversity of its talent. Together we will be able to continue to offer high-quality services and products while reinventing some of the most recognized brands in the world,” said Globant Co-Founder and CEO Martín Migoya.

“I have always admired Globant, even before this association, as a model of inspiration and a reference in digital transformation in the world. Now that Globant is with me, there is no doubt that we will Will continue our expansion. Frederic Lasnier, co-founder and CEO of Pentalog.

“We are delighted to welcome Pentalog to the Globant family. It is an excellent company with similar strategic objectives to ours and it fits perfectly with our own expansion plan at the European level”, Globant’s Co-Operation for Europe – said founder and president Martin Umran.

“Once Pentalog is fully integrated, we will be able to provide better services to more companies thanks to their local expertise and the ability to expand to more European countries. This combination allows us to deliver our digital transformation services to leading European brands. projects”, reported Fernando Matzkin, Chief Business Officer, Globant Europe.

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