AN Global has acquired AgileThought
7 Mile Advisors acted as the exclusive buy-side advisor to AN Global in their acquisition of AgileThought.
7 Mile Advisors Advised AN Global On Successful Acquisition of AgileThought
The combined businesses will operate under the brand name “AgileThought” with headquarters in Irving, Texas.
CHARLOTTE, NC — AN Global INC (“AN Global”), a leader in next-generation digital services, has successfully acquired AgileThought LLC (“AgileThought”), a leading provider of enterprise software development and transformation services and one of Microsoft’s premier enterprise partners. 7 Mile Advisors (“7 Mile”), a boutique investment bank focused on serving IT & Business Services organizations, acted as the exclusive buyside advisor to AN Global throughout the transaction. This transaction marks 7 Mile’s sixth IT Services transaction so far in 2019.
“Finding differentiated digital services firms at scale is a scarcity. This transaction will continue to differentiate AN Global in the market as a premier high growth, next-generation digital services firm with near-shore delivery,” says John Cooper, 7 Mile Advisors. “We look forward to continuing our work with the team to create a top-tier innovative digital services provider.”
“While AgileThought’s exemplary delivery and consistent growth among high-end and high-value clients were impressive, its culture and brand promise to deliver for clients were both fundamental reasons for this transaction,” said Manuel Senderos, Chairman and CEO of AN Global. “We were impressed by AgileThought’s delivery of cutting-edge cloud solutions for their enterprise clients and their successful and innovative corporate culture.” Senderos added, “We believe together we have the opportunity to build greater market opportunities as a combined innovation and digital services firm.”
By joining forces, AgileThought and AN Global will have a combined workforce of more than 3,000 employees, expanding their digital transformation organization to serve markets including the United States, Mexico, Argentina, Brazil, Chile, Costa Rica, Portugal, and Spain from offices on three continents. The combined businesses will operate under the brand name “AgileThought” with headquarters in Irving, Texas; Manuel Senderos, Founder and Chairman of AN Global, will act as Chairman and CEO.
Since its founding in 2004, AgileThought has generated average revenue growth of 44% per year. The company was recently listed on the Inc. 5000 fastest growing private companies for the twelfth consecutive year and was also recently recognized as a finalist for the 2019 Global Microsoft Artificial Intelligence and Machine Learning Partner of the Year Award. AgileThought combines enterprise software product development with digital and agile transformation services to deliver future-forward solutions focused on execution throughout the entire product lifecycle, thereby generating faster, more predictable, outcomes that drive marketplace differentiation for their Fortune 1000 clients.
7 Mile Advisors specializes in serving clients in the Business Services and Technology space, working to complete over 150 transactions in their 11 year history. The AN Global transaction marks their 40th in the Digital Transformation space. The firm also regularly publishes sector specific research reports, coverage of quarterly earnings calls, and whitepapers. In addition, the team conducts lively conversations with industry thought leaders that can be found on their podcast, Deal Talk with 7MA. All of these resources can be found on the 7 Mile website.
About 7 Mile Advisors
7 Mile Advisors provides Investment Banking & Advisory Services to the Business Services and Technology Industries globally. 7 Mile Advisors advises on M&A and private capital transactions, and provides market assessments and benchmarking. As a close-knit team with a long history together and a laser focus on our target markets, 7 Mile Advisors helps its clients sell companies, raise capital, grow through acquisitions, and evaluate new markets. All securities transactions are executed by 7M Securities, LLC, member FINRA / SIPC. For more information, including research on the M&A markets, visit 7mileadvisors.com.
About AN Global
AN Global connects talent, technology, and business expertise with your organization to drive growth. AN Global is driven by the passion and knowledge of a team collaborating throughout nine countries. AN Global’s digital transformation services include analytics, omnichannel commerce, software development, cloud solutions, user experience, and more – taking your IT potential further. For more information visit anglobal.com/en/.
AgileThought builds enterprise-grade software and provides agile transformation services throughout North America to the Fortune 1000 and growing enterprises aspiring to differentiate through technology. Unlike traditional software developers and systems integrators, AgileThought takes accountability throughout the entire product lifecycle to drive faster, more predictable outcomes. AgileThought is recognized as a Fortune Magazine Best Company to Work for and a 2019 Microsoft AI and Machine Learning Global Partner of the Year Finalist. It is currently listed on the Inc. 5000 for the eleventh consecutive year and was also listed as one of the Best Company Cultures by Entrepreneur Magazine. Founded in 2004, AgileThought is headquartered in Tampa, Florida with development hubs in Tampa, Atlanta and Orlando.
For more information, visit agilethought.com.
Ariail Barker, 7 Mile Advisors
1-864-706-7395 | firstname.lastname@example.org
Olga Shinkaruk, AN Global
1-972-501-1441 | email@example.com
Laurence Newell, AN Global
1-972-501-1441 | firstname.lastname@example.org