ClearSale Acquires Beta Learning
January 19, 2022
ClearSale has acquired Brazilian software consultancy Beta Learning Consultoria e Desenvolvimento de Software LTDA for an initial R$40.1 million (approx. USD $7M) plus up to two contingent installments, in the company's first M&A since its 2021 IPO. The deal is an 'acquihire' that brings more than 100 software developers into ClearSale to expand its R&D and accelerate product development for ecommerce fraud protection.
- Buyers
- ClearSale
- Targets
- Beta Learning Consultoria e Desenvolvimento de Software LTDA
- Industry
- Software
- Location
- Sao Paulo, Brazil
- Transaction Type
- Buyout
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