Lawyer Monthly Magazine - May 2019 Edition
MAY 2019 www. lawyer-monthly .com 92 This announcement appears as a matter of record only Estrela acquires 12% Interest in TruckPad Tecnologia e Logística Legal adviser to TruckPad: Legal adviser to Estrela Comércio e Participações: Estrela Acquires 12% Interest in TruckPad Tecnologia e Logística Estrela Comércio e Participações S.A., part of Grupo Tora Logística, executed this acquisition of a 12% interest in TruckPad Tecnologia e Logística S.A. Truckpad Tecnologia e Logística Ltda. has developed a mobile application that connects truck drivers with their clients. Its application, TruckPad, also enables companies to find, hire, and manage freelance drivers. Tora Transportes and TruckPad announced an agreement for the creation of Tora Digital during the Intermodal South America fair in São Paulo. The service offered through the new technology platform will be to manage the location, contracting, payment and follow-up of the transportation carried out by autonomous truck drivers, from the beginning of the operation until the delivery of the cargo to the recipient. The starting point is the contract with TruckPad. Through it, Tora's operation with freelance truckers, which contracts around 2,500 trucks every month, will be managed by the system created by the TruckPad team responsible for the application of the same name launched in 2012. Dias Carneiro advised Estrela Comércio e Participações S.A. with a team including Anna Dutra, Karin Luiza Fernandes Rocha and Beatriz Angelo. Barros Pimentel, Alcantara Gil e Rodriguez advised TruckPad Tecnologia e Logística S.A. with a team including Silvia Hachiya and Luís Francisco Jardim. Law Firms: Barros Pimentel, Alcantara Gil e Rodriguez ; Dias Carneiro Advogados; Clients: Estrela Comércio e Participações SA; TruckPad Tecnologia e Logística S.A.; This announcement appears as a matter of record only Globant Acquires Avanxo Legal advisers to Globant: Legal advisers to Avanxo: Globant Acquires Avanxo Globant (NYSE: GLOB), a digitally native technology services company, announced it has entered into an agreement to acquire Avanxo, a leading cloud transformation company with presence in the United States, Brazil, Mexico, Colombia, Peru and Argentina. Subject to the fulfilment of certain requirements, the transaction is expected to close in February 2019. “The trans-jurisdictional nature of the deal is a welcome challenge to our established M&A practice, as it allows us to tackle complex corporate issues on a truly global level”, explains Napoleão Casado Filho, founding partner at Clasen, Caribé & Casado Filho, the lawfirm responsible for the Brazilian end of the operation. With this acquisition, Globant continues to focus its capabilities in creating digital experiences for large organizations worldwide, expanding its broad expertise in corporate process optimization and cloud technologies. "Avanxo shares our visionon how todeliver profounddigital andcognitive transformations for the most demanding customers. With Avanxo, we'll broaden our transformation approach as we keep bringing our digital culture to optimize our customers' corporate processes," explains Martin Migoya, Globant CEO and Co-founder. "We have found an amazing team that complements our model, and we are confident that this acquisition will help us propel.” Transactions
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