DLA Piper advised Globant S.A. (NYSE: GLOB) in the follow-on underwritten offering of Globant shares held by a subsidiary of WPP plc. Total gross proceeds to the selling shareholder (including from the exercise of the underwriters' option to purchase additional shares) were US$347.8 million.
Globant is a digitally native company where innovation, design and engineering meet scale. Globant uses the latest technologies in the digital and cognitive field to empower its clients' organizations in every aspect. Globant has more than 6,900 professionals in 12 countries.
The DLA Piper team representing Globant was led by Christopher Paci (New York), and included partners Frank Mugabi and Diana Erbsen (both New York), and Christina Houston (Wilmington); and associates Stephen Alicanti, Emily Sanders (both New York), Kurtis Weaver (Boston), and Brittany McCants (Washington, DC).