United Virtualities Acquired by Argano, a Trinity Hunt Portfolio Company
Sellside Advisor to United Virtualities
7 Mile Advisors Represents United Virtualities in Their Sale to Digital Foundations Builder, Argano
United Virtualities joins ArganoKeste and ArganoInterRel on the Argano platform
CHARLOTTE, N.C. — United Virtualities, a LATAM e-commerce and digital solutions provider for the world’s leading brands and ambitious startups, has been acquired by Argano, a next-generation business and technology services provider focused on architecting and building the intelligent, cloud-based, and frictionless Digital Operating Platforms that make businesses run better.
Upon joining Argano, United Virtualities is now ArganoUV. 7 Mile Advisors acted as ArganoUV’s exclusive sellside advisor throughout the transaction, making this 7 Mile’s ninth transaction this year.
“This partnership represents a next-generation consultancy built for today’s post-COVID environment where businesses are reimagining game-changing products, services, and experiences to keep pace with and even lead fast-changing customer’s expectations. We are excited to see what UV has in store over the next few years as a top nearshore solutions provider,” said Garth Martin, 7 Mile Advisors Vice President.
ArganoUV was founded in 2009 as United Virtualities to be a destination for world-class design and technology talent to deliver ground-breaking commerce experiences for leading brands. ArganoUV provides B2C ecommerce and digital expertise to Argano’s clients and will continue leveraging an agile approach to architect comprehensive solutions, using best-in-class technology.
“We have valued 7 Mile Advisors’ role in bringing us together with world class teams who help make Argano what we are today,” said Argano CEO, and former Co-CEO of Publicis Sapient, Chip Register. “They understand the emphasis we place on businesses that deliver impact, not staffing. They know we look for cultures that are lauded by clients, and who clients refer to others. We have exceptionally high standards and appreciate partners and counterparties who understand our demand for rigorous excellence.”
7 Mile Advisors has been increasingly active in the Digital Transformation M&A ecosystem over the last 12 months. Since April of 2020 the firm has completed 19 successful transactions in the space, including the sale of Keste to Trinity Hunt, and anticipate continued success throughout the remainder of 2021. 7 Mile Advisors’ senior-led deal teams take pride in their sector focused strategy and have distilled firsthand market insights into research that can be found at 7mileadvisors.com.
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, as well as 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 www.7mileadvisors.com.
Argano is a next-generation business and technology services provider building the intelligent and frictionless Digital Operating Platforms that make businesses run better. Argano is purpose built for the “Digital Renaissance,” leveraging insight and innovation to help leaders design and implement the complex digital foundations necessary to not just survive but thrive and improve financial and operational performance. Argano believes the Digital Operating Platform should be an enabler of commercial innovation, not a constant source of limitation, and is committed to helping clients think differently about how they deploy and manage people, processes and technology. For more information visit argano.com.