Hiking LatAm Tech Markets | 2023 #02

BACP is the leading independent Investment Banking Firm in Latin America, delivering best-in-class financial and strategic advisory services to founders, companies, and financial sponsors on M&A and Capital Raising transactions.

Public Markets

M&A

?Globant [NYSE:GLOB], an Argentina-based digitally native company focused on reinventing businesses through innovative technology solutions, has acquired Vertic, a Copenhagen and US based creative consultancy with a strong focus on life-sciences and other B2B disciplines. Full Article

?Gi Group Holding, the Italian HR company, announced the purchase of The Bridge, a Chile-based HR technology consultancy focused on building and scaling up digital capabilities for multinational businesses. Full Article

?Cerberus Cyber Sentinel [NASDAQ:CISO], a US-based cybersecurity consulting firm, has reached an agreement to acquire RAN Security, a cybersecurity company with headquarters in Argentina. Full Article

?123Milhas and MaxMilhas, two Brazilian marketplaces for brokering the buying of frequent flier miles and selling of airline tickets, have agreed to merge their operations. Full Article

Funding Rounds

??Genial Care, a Brazil-based startup focused on solutions to help children with autism, has received a US$ 10M investment from a group led by General Catalyst. Full Article

??Habi, the Colombian proptech unicorn, obtained US$6.3M through a credit line signed with Bancóldex. Full Article

??Kenzie Academy, a Brazil-based online programing school, has received an investment of US$ 5.7M from SRM Ventures. Full Article

??Bamboo, a Brazil-based startup that provides a platform combining well-structured investment opportunities with real-time analytical data, has raised US$ 4M in a funding round led by Global Founders Capital. Full Article

??Velocity-X, a Colombia-based logistics and e-commerce company, has raised US$ 3M in a funding round led by Guil Mobility Ventures. Full Article

??Payface, a Brazilian startup specialized in facial recognition for payments, has secured an undisclosed investment from HiPartners. Full Article

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