Latin America is without doubt one of the world’s quickest rising digital areas, so it’s a shock to listen to that Sapient, Publicis Groupe’s digital arm, didn’t have a base in there till now.
Publicis has made amends with the acquisition of Practia, which was based in Buenos Aires, Argentina, in 1995 and has since opened places of work in Chile, Mexico, Peru, Brazil, Colombia and Spain, in addition to having a presence in Uruguay and the US.
Practia and its 1200-strong workforce might be built-in into Sapient, including a 3rd main hub to the community alongside India and Japanese Europe. Shoppers embody Telefonica, Movistar, Banco de Chile, Western Union, and Santander.
Arthur Sadoun, chairman and CEO of Publicis Groupe, stated: “Publicis Groupe is scaling its experience in Latin America to raised serve its purchasers and assist them win in commerce. The addition of Practia will allow Publicis Sapient to interrupt into Latin America and broaden its digital enterprise transformation capabilities and international distributed supply mannequin.”
Nelson Sprejer, Co-Founder and Board Member of Practia, stated: “Leveraging our deep roots in software program engineering and our administration’s business experience and robust tutorial background… becoming a member of forces with Publicis Sapient will assist propel our mixed organizations ahead as we goal a number of the most vital challenges going through our purchasers right now.”
It’s the second acquisition of 2023 for Publicis Groupe, which added London-based advertising expertise firm Yieldify to its Epsilon community in January. Sapient and Epsilon had been the group’s two fastest-expanding networks in 2022, each exhibiting an natural progress of +19% and +12% respectively, in comparison with 10.1% for Publicis as an entire.
WPP has additionally been on an acquisition spree already this yr, shopping for influencer businesses Clearly and Goat in addition to German healthcare specialist 3K and Fenom Digital in North America.