Corporate services platform Edenred acquires 75% of GOintegro’s share capital

Cuatrecasas has advised Edenred, the leading corporate services platform, on acquiring 75% of the share capital of Integro Worldwide S. A., a GOintegro group holding company, whose main activity is helping companies improve their organizational culture, helping their users recruit and retain talent through its platform, which combines technological innovation and human resources experience. 

The purchase agreement for 75% of the share capital of Integro Worldwide S.A. and its subsidiaries is part of the strategic plan of Edenred, which currently connects over 52 million users and 2 million business partners in more than 45 countries through approximately 1 million clients. The transaction enables the digital platform to achieve its objective and extend its commitment to its clients in Spain, Argentina, Chile, Colombia and Mexico to increase the benefits they offer and, at the same time, strengthen its value proposition for human resources managers in Latin America. 

After closing the transaction (subject to authorization by Brazilian competition authorities), GOintegro founders remain as minority shareholders with the other 25% shareholding.

The Cuatrecasas team for this transaction was led by partner Pere Kirchner and associate Javier García Peris from the Corporate and M&A Practice in Barcelona (Spain) and partner Tomás Kubick and associate Tomás Montes from the Corporate and M&A Practice in Santiago (Chile), working in collaboration with the teams at the offices in Bogotá (Colombia), Lima (Perú) and Mexico City (Mexico).