{"id":26776,"date":"2022-11-18T11:34:22","date_gmt":"2022-11-18T11:34:22","guid":{"rendered":"https:\/\/itcluster.lviv.ua\/avenga-acquires-argentinian-it-powerhouse-incluit\/"},"modified":"2023-01-11T09:35:19","modified_gmt":"2023-01-11T09:35:19","slug":"avenga-acquires-argentinian-it-powerhouse-incluit","status":"publish","type":"post","link":"https:\/\/itcluster.lviv.ua\/en\/avenga-acquires-argentinian-it-powerhouse-incluit\/","title":{"rendered":"Avenga Acquires Argentinian IT Powerhouse IncluIT"},"content":{"rendered":"<article class=\"single-content content\">\n<div style=\"text-align: justify\">\n<p><i><span style=\"font-weight: 400\">Avenga, a global engineering and consulting platform, has acquired Argentina-based IncluIT. The Cordoba-headquartered IT company counts some of the world\u2019s most famous brands among its<\/span><\/i><i><span style=\"font-weight: 400\"> more than 60 active clients, as well as 800 professionals working from 17 countries, mainly in Latin America. <\/span><\/i><i><span style=\"font-weight: 400\">This will allow Avenga to operate in the same time zone as its American customers and enhance the platform\u2019s already strong presence in the U.S. market.<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400\">IncluIT\u2019s founders and experienced leaders, Alberto Harriague and Rafael Ibanez, will stay on board to drive Avenga\u2019s future organic growth in the U.S. and Latin America and pursue further acquisitions in the LATAM region.<\/span><\/p>\n<p><i><span style=\"font-weight: 400\">\u201cIncluIT is a strong, successful company with a long and proud history of almost three decades. With this sizable acquisition, Avenga is becoming a true global champion with a wide network of delivery centers in Europe, Latin America and South East Asia. We intend to use the existing ecosystem developed by IncluIT to further expand in the Latin American region. With the IncluIT team\u2019s experience in the Automotive, Telecom, Insurtech and Finance verticals, we are uniquely positioned to provide premier services to our customers from convenient locations\u201d,<\/span><\/i><span style=\"font-weight: 400\"> says <\/span><b>Yuriy Adamchuk<\/b><span style=\"font-weight: 400\">, Group CEO of Avenga.<\/span><\/p>\n<p><b>Avenga Accelerates Growth<\/b><\/p>\n<p><span style=\"font-weight: 400\">Avenga was formed in 2019 by merging four formerly independent IT companies. Since then, the platform has grown rapidly and established itself as a global player when it comes to complex IT and digital transformation projects for enterprise-level customers. With the acquisition of IncluIT, Avenga now has 4,300 profession<\/span><span style=\"font-weight: 400\">als and 31 off<\/span><span style=\"font-weight: 400\">ices in Europe, Asia, Latin America, and the U.S. The platform is backed by funds managed by Oaktree Capital Management L.P. (\u201cOaktree\u201d) and Cornerstone Investment Management.<\/span><\/p>\n<p><i><span style=\"font-weight: 400\">\u201cIncluIT has come a long way since Alberto and I founded it in 1994, and the last few years have been characterized by rapid growth. Joining Avenga will provide us with an even steeper growth curve because we will get access to a bigger, more diverse set of competencies and a broader customer base, <\/span><\/i><i><span style=\"font-weight: 400\">allowing us to develop IncluIT\u2019s purpose with even more power<\/span><\/i><i><span style=\"font-weight: 400\">\u201c<\/span><\/i><span style=\"font-weight: 400\">, says<\/span><b> Rafael Ibanez<\/b><span style=\"font-weight: 400\">, Managing Director, Sales, Avenga LATAM.<\/span><\/p>\n<p><i><span style=\"font-weight: 400\">\u201cJust like us, Avenga is preceded by the reputation of being a value-driven company that focuses on customer satisfaction and being a great place to work. I am looking forward to this exciting new chapter and to unlocking potentials and synergies enabled by close collaboration\u201d<\/span><\/i><span style=\"font-weight: 400\">, says <\/span><b>Alberto Harriague<\/b><span style=\"font-weight: 400\">, Managing Director, Operations, Avenga LATAM.<\/span><\/p>\n<p><i><span style=\"font-weight: 400\">\u201cWe believe Avenga\u2019s partnership with IncluIT and its founders will further enhance its global footprint and allow it to strengthen its already fast-growing US business.\u00a0 We also see IncluIT as a very strong platform for further growth in Latin America through acquisitions and partnerships\u201d,<\/span><\/i><span style=\"font-weight: 400\"> says <\/span><b>Karim Khairallah<\/b><span style=\"font-weight: 400\">, Managing Director and Co-Portfolio Manager of the European Principal Group at Oaktree.<\/span><\/p>\n<\/div>\n<\/article>\n","protected":false},"excerpt":{"rendered":"<p>Avenga, a global engineering and consulting platform, has acquired Argentina-based IncluIT. The Cordoba-headquartered IT company counts some of the world\u2019s most famous brands among its more than 60 active clients, as well as 800 professionals working from 17 countries, mainly in Latin America. This will allow Avenga to operate in the same time zone as [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":26777,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[22],"tags":[],"class_list":["post-26776","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lviv-it-cluster-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/itcluster.lviv.ua\/en\/wp-json\/wp\/v2\/posts\/26776","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itcluster.lviv.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itcluster.lviv.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itcluster.lviv.ua\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/itcluster.lviv.ua\/en\/wp-json\/wp\/v2\/comments?post=26776"}],"version-history":[{"count":1,"href":"https:\/\/itcluster.lviv.ua\/en\/wp-json\/wp\/v2\/posts\/26776\/revisions"}],"predecessor-version":[{"id":27079,"href":"https:\/\/itcluster.lviv.ua\/en\/wp-json\/wp\/v2\/posts\/26776\/revisions\/27079"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/itcluster.lviv.ua\/en\/wp-json\/wp\/v2\/media\/26777"}],"wp:attachment":[{"href":"https:\/\/itcluster.lviv.ua\/en\/wp-json\/wp\/v2\/media?parent=26776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itcluster.lviv.ua\/en\/wp-json\/wp\/v2\/categories?post=26776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itcluster.lviv.ua\/en\/wp-json\/wp\/v2\/tags?post=26776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}