TH Global Capital advises leading Salesforce Partner Xappia on its sale to Globant

Nov 2020
Has been acquired by

Salesforce Consulting

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TH Global Capital advises leading Salesforce Partner Xappia on its sale to Globant
Seller Xappia
Buyer Globant
Focus Sector Salesforce Consulting
Date November 2020

TH Global Capital is pleased to announce the strategic sale of our client Xappia, a Salesforce Gold partner, to Globant.

quote TH Global Capital is very knowledgeable about the Salesforce ecosystem and the strategic buyers looking to invest in the space. They are also well connected with all the relevant stakeholders. Their strategic rationale for Globant being the most suitable partner for us was spot on. It was a pleasure working with the team and we deeply appreciated their inputs through the process.
Dario Bak Founder & CEO , Xappia

Xappia offers a full stack of Salesforce consulting services – from strategy to implementation, support and managed services, leveraging its proprietary accelerators and methodologies. Through Xappia Labs, it enables clients to digitally transform their sales, service, marketing and commerce functions. Xappia’s client base consists of leading enterprises across the US and Latin America.

With revenues of ~$1 billion, Globant is a digitally native company with global scale across innovation, design and engineering.. Its 16,200 employees across 16 countries support companies globally in their digital initiatives. With Xappia, Globant further boosts its digital transformation capabilities and adds ~150 Salesforce experts.

Terry Kavanaugh, Managing Director at TH Global Capital commented “Xappia is an incredible success story in the Salesforce ecosystem. In a short period, Xappia has created immensely valuable IP and established scalable processes around training and client management. All these factors have driven its client success and superlative growth. We are pleased to have identified the ideal partner in Globant.”

Vivek Subramanyam, Founder and CEO of TH Global Capital said “Salesforce is the platform of choice for companies looking at digital transformation and the ecosystem is growing rapidly. This is our 4th Salesforce transaction, a testament to our deep expertise and global reach in the Salesforce ecosystem.”

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