Our international Corporate team has advised We Are Experience (WAE) on the sale of the company to New York Stock Exchange (NYSE)-listed Globant SA.
The deal, which closed on 23 May 2016, is valued at USD 18.5 million and was recently announced on the NYSE.
WAE is a global design business, based in London and New York, where product design meets behavioural science. Argentinian based Globant is an IT and software development company operating in Argentina, Colombia, Uruguay, the UK, Brazil and the US.
The deal was led from London and involved US and Spanish input as the sale was effected by Globant's Spanish group company.
Our cross-border team was led by Corporate partner Simon Fielder, with assistance from Andrew Collins (Associate), and Colin Kendon (Partner) advising on EMI tax issues. Marta Rogriguez (Associate) provided assistance from our Madrid office.
We were supported in the US by our 'Beyond Our Firm' law firm contact Sheppard Mullin.
Simon said: "It was a pleasure to have advised WAE on the sale of their company. This deal brought together an excellent cross-border team, who worked closely with our friends at Sheppard Mullin in the US. It's a brilliant example of the breadth and international capabilities of our corporate team."
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