20-20 Technologies Inc.’s Acquisition of Promob Software Solutions

Pinheiro Neto and Souza, Berger, Simões, Plastina e Zouvi advised on the deal

2020 announced today the planned merger of its business operations with Promob Software Solutions (Promob). The combination of these two industry-leading software providers will bring more robust solutions to existing and prospective customers, along with newly developed opportunities across the globe. The Promob business, headquartered in Caxias do Sul, Brazil, will continue to operate under the Promob brand. Terms of the transaction were not disclosed.

2020 is the only global provider of applications, solutions and content for interior space planning, omnichannel retail and furniture manufacturing, delivering an end-to-end solution that offers a compelling alternative to ad hoc integration of multiple source component products.

Promob leads the market in Latin America with interior space planning applications, solutions and content tailored for designers, architects, retailers and manufacturers. Promob operates and has offices in multiple countries, including Argentina, Colombia, Peru, Mexico, South Africa and Spain and more than 80,000 users of their software.

The combination of 2020 and Promob represents a significant expansion of the company’s global leadership and includes tens of thousands of local, independent kitchen and bathroom dealers as well as many of the world’s largest home improvement retailers and manufacturers. The combined team of more than 850 employees will provide global support to multinational customers located across the world.

Pinheiro Neto advised 20-20 Technologies Inc. with Raphael de Cunto (Picture), Larissa Galimberti, Carlos Eduardo Gazineu de Azevedo and Giovanna Christina Selena Cezario.

Souza, Berger, Simões, Plastina e Zouvi advised Promob Software Solutions with Socios Rodrigo Rosa de Souza, Eduardo Plastina, Fernando Porfírio Bitello Teixeira and Andrea Bodanese.

Involved fees earner: Rodrigo Rosa de Souza – Souza, Berger, Simões, Plastina e Zouvi ; Fernando Teixeira – Souza, Berger, Simões, Plastina e Zouvi ; Andréa Bodanese – Souza, Berger, Simões, Plastina e Zouvi ; Eduardo Plastina – Souza, Berger, Simões, Plastina e Zouvi ; Raphael de Cunto – Pinheiro Neto; Carlos Eduardo Gazineu de Azevedo – Pinheiro Neto; Giovanna Christina Selena Cezario – Pinheiro Neto; Larissa Maria Galimberti Afonso – Pinheiro Neto;

Law Firms: Souza, Berger, Simões, Plastina e Zouvi ; Pinheiro Neto;

Clients: 20-20 Technologies Inc.; Procad Softwares S/A;

Author: Ambrogio Visconti.