Alantra advises Wormhole on its sale to Crehana
SECTORTechnology
ServiceM&A
Buenos Aires – Alantra, the global investment banking firm and asset management specialist, is pleased to announce that it has acted as exclusive financial advisor to Wormhole, a tech-solutions provider that enhances companies’ human capital development across Latin America, on the sale of its shares to Crehana, a leading global people development platform.
Founded in 2007 by Endeavor entrepreneurs and headquartered in Buenos Aires, Wormhole provides SaaS B2B training solutions, including Wormhole Campus (Learning Management System) and Wormhole Talent Suite (Performance Management System), as well as other education and human resources services.
Crehana, backed by General Atlantic, among other funds, is a leading global people development platform providing skill training courses and team management solutions to help companies build a competitive and highly-skilled workforce.
Sally Buberman, CEO of Wormhole, stated: “We are very happy to join Crehana, a leading company in this market, which will allow us to multiply our joint offering and provide additional, better solutions to our clients.”
“We are proud to announce the acquisition of Wormhole, a company we admire and share values with. Thanks to this transaction we are significantly expanding our portfolio of companies in the region to close the year with more than 3,650 companies working with us,” added Diego Olcese, CEO and Co-Founder of Crehana.
Hernán Sambucetti, Partner at Alantra, commented on the transaction: “We are proud to have successfully closed this new transaction within the HRTech and EdTech verticals. This transaction confirms the industry’s path towards further regional consolidation, particularly in the B2B segment.”
“It was a pleasure to advise the Founders of Wormhole, Sally Buberman, Maxi Menasches and Ignacio López in the sale of their business. This transaction broadens our track record with Latin American tech entrepreneurs, proving once more Alantra’s ability to carry out complex cross-border transactions in the region,” added Matías Lahusen, Vice President at Alantra.
