Beccar Varela advises EPAM on the acquisition of NEORIS
November, 2024 - Buenos Aires, Argentina
Beccar Varela advised EPAM Systems Inc., a digital transformation services and product engineering company, on the acquisition of the global advanced technology consultancy NEORIS. The closing of the deal was announced on October 31.
EPAM completed the purchase of NEORIS from funds managed by Advent International, one of the largest global private equity investors, and Cemex, a global construction materials company. Since EPAM is a leading global provider of digital engineering, cloud and AI-enabled transformation services, the acquisition will broaden EPAM’s delivery capabilities in Latin America and Europe and enhance value for customers in key industries.
NEORIS is a Miami-headquartered global advanced technology consultancy with more than 4,800 professionals across major talent hubs in Latin America, Spain, and the U.S.
Beccar Varela advised EPAM in Argentina, handling due diligence and providing legal assistance in drafting the transaction documents. The law firm Orrick coordinated the operation across all involved jurisdictions.
Argentine counsel to EPAM
Beccar Varela: team led by partner María Shakespear, along with senior associate Luciana Liefeldt and associate Tomás Burllaile and further supported by partners Florencia Rosati, María Eduarda Noceti, and Santiago Montezanti; senior associates Mariana Lamarca Vidal, Gonzalo Ochoa, Francisco Grosso, Alejandra Bouzigues, María Luján Callaci, and María de los Ángeles Olano; and associates Tomás Caputo, Franco Montiel, and Juan Ignacio Pazos.
