Acquisitions in Argentina

Electric Power Engineers (EPE) announced the acquisition of Estudios Eléctricos, a South American power systems engineering and advisory firm founded in Argentina. The deal expands EPE’s grid solutions and engineering capabilities across Latin America, with Estudios Eléctricos continuing to operate under its existing structure, leadership, and regional brand.

Adecoagro S.A. completed the acquisition of Profertil S.A., agreeing to purchase the remaining 50% stake from YPF S.A. after closing the purchase of Nutrien’s 50% stake. The transaction leaves Adecoagro as controlling shareholder with 90% of Profertil’s equity, with Asociación de Cooperativas Argentinas (ACA) retaining 10%, for an aggregate consideration of approximately US$1.1 billion for Adecoagro’s stake.

Ankura Consulting Group, LLC acquired Omniscient Platforms and its subsidiary Omniscient Health (collectively, Omniscient). The deal expands Ankura’s digital transformation capabilities—particularly in data, AI advisory, technology strategy, and analytics—and strengthens its footprint in Latin America, including Argentina.

GeoPark Limited completed its previously announced acquisition from Pluspetrol S.A. of a 100% operated working interest in the Loma Jarillosa Este and Puesto Silva Oeste blocks in the Vaca Muerta formation in Neuquén Province, Argentina. Following receipt of all governmental and regulatory approvals, GeoPark and Pluspetrol executed public deeds formalizing the concession transfers, with total consideration of $115 million (subject to customary adjustments). As part of closing arrangements, GeoPark also transferred a 5% working interest in the Puesto Silva Oeste block to Gas y Petróleo del Neuquén S.A. (GyP) as a strategic partner.

Prosus N.V. completed its acquisition of Despegar (NYSE: DESP), Latin America’s leading online travel agency, for $19.50 per share in cash. The transaction closed following approval by Despegar’s board and shareholders and receipt of required regulatory clearances. Prosus expects Despegar to strengthen its Latin American digital lifestyle ecosystem across travel, experiences and fintech.

Visma announced the acquisition of Lara AI, an Argentine company providing artificial intelligence solutions for human resources management. The deal strengthens Visma’s HR Tech portfolio in Latin America by adding Lara AI’s AI-powered employee experience platform that automates HR tasks and delivers real-time workforce insights.

Vista Energy’s subsidiary Vista Energy Argentina S.A.U. acquired 100% of Petronas E&P Argentina S.A. (PEPASA) from Petronas Carigali Canada B.V. and Petronas Carigali International E&P B.V. PEPASA holds a 50% working interest in the La Amarga Chica unconventional concession in the Vaca Muerta play in Argentina. Consideration includes US$900 million cash, US$300 million in deferred cash payments, and 7,297,507 Vista ADSs subject to staged lock-ups.

EnterOne (a Trainocate company) acquired SLS LATAM Argentina and SLS LATAM Chile, two prominent Cisco Learning Partners, to expand its IT training and consulting footprint across Latin America. The deal strengthens EnterOne’s presence in Cisco’s MINT and DSI programs and broadens the acquired businesses’ multi-vendor training offerings (including Microsoft, AWS, F5, and VMware).

TRG, a global managed services provider, acquired Boreal 4.0, an AIDC-focused automation company based in Argentina. The acquisition expands TRG’s managed services footprint into Latin America and strengthens its robotics and automation capabilities, adding Boreal 4.0 locations across Argentina, Chile, Colombia, and Mexico and bringing approximately 40 employees into TRG.

Grid Dynamics Holdings, Inc. acquired Mobile Computing S.A., a Buenos Aires-based software development and digital transformation services provider. The deal expands Grid Dynamics’ delivery capabilities in the Americas by adding an Argentina team to support its follow-the-sun delivery model and strengthens expertise serving manufacturing, CPG, and financial services clients.

Hexagon announced it has acquired Voyansi, an AECO-focused provider of BIM and VDC solutions, reality capture services, and BIM workflow software development. The deal expands Hexagon Geosystems’ BIM capabilities to enhance 3D modelling, data accuracy, and digitisation across the construction asset lifecycle.

Centroid Systems, LLC, a managed cloud services and enterprise technology consulting provider, acquired Qbit, an Oracle partner specializing in Oracle ERP and cloud solutions. The acquisition expands Centroid’s application and infrastructure managed services capabilities and extends its geographic reach across Latin America. Financial terms were not disclosed.

EPAM Systems announced the acquisition of Vates S.A., a software development company with offices in Argentina and Chile. The deal expands EPAM’s Latin America delivery footprint and strengthens its software engineering capabilities across services such as custom development, testing, consulting, integrations, and big data analytics.

Engageware acquired Aivo to expand its cloud-based customer engagement platform with Aivo’s conversational and generative AI capabilities. The deal strengthens Engageware’s ability to help enterprises automate customer service, reduce call-center workload, and improve customer experience across multiple digital channels. Clearhaven Partners, Engageware’s private equity sponsor, will continue to support Engageware following the acquisition.

HireRight Holdings Corporation completed the acquisition of Inquiro Vitae, an Argentina-based background screening provider. The deal expands HireRight’s local presence and capabilities in Argentina and supports its broader growth strategy across Latin America, enhancing local fulfillment, faster checks, and the ability to invoice customers in Argentine pesos.

Cerberus Sentinel (NASDAQ: CISO) signed a definitive agreement to acquire RAN Security, a cybersecurity company headquartered in Buenos Aires, Argentina. RAN Security will become a wholly owned subsidiary, with founder and CEO Roberto Tursi continuing to lead the business. The transaction is expected to close later in the year, subject to customary closing conditions and regulatory approvals.

Citri&Co, a vertically integrated fresh fruit group and portfolio company of Miura Partners, signed an agreement to acquire the fresh fruit business of San Miguel. The deal includes integrating San Miguel subsidiaries in Peru and South Africa and obtaining exclusive commercialization of fresh fruit production in Argentina and Uruguay, supporting Citri&Co’s year-round citrus supply and international expansion.

Accenture has acquired Ergo, an Argentina-based data-centered business focused on big data, analytics and artificial intelligence, to expand its Data & AI capabilities within Accenture Cloud First. Ergo’s approximately 200 data specialists will join Accenture’s Data & AI team to support data-led cloud transformations, particularly across Hispanic South America. Financial terms were not disclosed.

Netrix, a provider of cybersecurity and end-to-end IT services, acquired cloud solutions provider Edrans to expand its global public cloud and DevOps capabilities. Edrans adds delivery capacity and technical expertise across AWS and Microsoft Azure, with near- and off-shore centers in Buenos Aires, Argentina and Barcelona, Spain. Financial terms were not disclosed.

LIFULL Connect acquired Properati, OLX Group’s real estate platform in Latin America. The deal expands LIFULL Connect’s network by adding Properati’s presence in Argentina and Uruguay and strengthening its reach in Colombia, Peru, and Ecuador, creating one of the largest real estate portal audiences in Latam. Properati will continue operating under its brand as it transitions into LIFULL Connect’s global network.

Veritran, Inc., a global FinTech low-code software platform provider, announced a strategic growth investment from Trivest Growth Investment Fund II (TGIF II), managed by Trivest Partners. The investment supports Veritran’s continued product enhancement and geographic expansion; financial terms were not disclosed.

The Acacia Group acquired TradeHelm, an Argentina-based software development, DevOps, and technology managed services provider. The deal is intended to create a nearshore center of excellence to support Acacia Group portfolio companies’ commercial-sector customers, with TradeHelm working closely with Acacia-owned Highmetric (acquired in 2019). Raymond James and Associates served as exclusive financial advisor to TradeHelm.

L Catterton announced a $150 million private placement investment in Despegar.com through the purchase of non-convertible preferred stock plus warrants to buy ordinary shares. Despegar.com is a leading online travel agency operating across Latin America, and the investment is intended to support the company’s continued growth as travel demand recovers.

Globant acquired Belatrix Software, an agile product development and software engineering services provider with operations across Latin America, the United States, and Spain. 7 Mile Advisors served as exclusive sell-side advisor to Belatrix on the transaction.

Evernex, a global third-party maintenance (TPM) provider for data center hardware and critical IT assets, agreed to acquire Roer, Argentina’s premier independent TPM services provider. The deal strengthens Evernex’s expansion in Latin America, combining operations to create a multi-country maintenance and logistics platform across seven countries in the region. Evernex is majority-owned by The Carlyle Group, which highlighted the acquisition as part of Evernex’s ongoing global consolidation strategy.

Susana Balbo Wines received a strategic investment from L Catterton’s Latin America fund to support the global growth of its Argentine wine portfolio. The parties formed a strategic partnership, with L Catterton joining Susana Balbo and her team to help expand capital investments and strengthen sales and distribution. Financial terms were not disclosed.