Responding to the growing demand for specialized cloud services, Stefanini Group, a global tech consultancy, today announced the acquisition of a 60% stake in Escala 24×7, an Amazon Web Services (AWS) Consulting Premier Partner in Latin America.
This strategic move will enable Stefanini to significantly expand its AWS cloud service offerings to accelerate the growth of 24×7 Scale, which is expected to generate $100 million in revenue by 2025, and capitalize on the rapidly evolving cloud market in the region.
According to recent reports by IDC and Gartner, by 2028, more than 50% of companies will use cloud platforms, with investments growing 30% annually. In Brazil alone, cloud investments in 2024 exceeded US$ 1.5 billion, signaling a rapid modernization. Despite this growth, many Latin American companies face difficulties in adopting the cloud, particularly in regulated sectors such as finance. Customers need trusted partners with deep expertise to navigate complex migrations and ensure robust security and compliance.
The combination of Stefanini's global reach and comprehensive technology transformation capabilities with Escala 24×7's AWS expertise will provide organizations with a powerful and complete solution for their cloud needs. This investment will provide companies with greater access to specialized know-how for their AWS cloud journeys, accelerating their migration, reducing operational costs through optimization, and ensuring the highest levels of security and compliance.
"This investment marks one of our five largest in history and highlights our aggressive growth strategy focused on cloud, analytics, cybersecurity and artificial intelligence," said Marco Stefanini, founder and CEO of the Stefanini group. "Bringing 24×7 Scale to our group will significantly accelerate the delivery of new AWS cloud projects in Latin America, a region where both companies have a strong presence. Their deep focus on AWS and their expertise perfectly complement our existing capabilities, allowing us to deliver even more value to our customers."
Customers can expect seamless integration of services, leveraging AWS's next-generation practices of 24×7 Scale along with Stefanini's broad portfolio of services. This collaboration will provide a unified approach to cloud transformation, backed by a team of more than 250 cloud experts, more than 380 global certifications, 13 AWS competencies, and a strong track record of 1,500 successful projects in 19 countries, including projects for clients such as Snap Finance, Allianz, Bancolombia, Banesco Group, Establishment Labs, and Grupo Quimmco. among others.
For Escala 24×7 customers, this alliance means they now benefit from a partnership strengthened by the established reliability of the Stefanini group, as well as simplified access to its comprehensive suite of technology solutions: applications, infrastructure, digital workplace, enterprise platforms; and its other six business units – data & analytics, cybersecurity, technology for the financial market, enterprise operations,
commerce & marketing, digital industry & supply chain, all powered by the experience and capabilities of more than 14 years working with generative AI.
According to Bruno Caloi, Director of Mergers and Acquisitions at Stefanini Group, this business plan is structured in two phases: "First, we will deepen our AWS practice in our current customer base and in other customers in Latin America. We then planned a second phase, focused on expanding the capabilities of Escala 24×7 in Brazil." Also according to the executive, since the beginning of the discussions, Stefanini recognized in the founders an exceptional technical capacity and a strong cultural fit. "They will remain at the helm of the company alongside its executive team, and we are confident that they will become Stefanini's global platform for AWS cloud services."
"We are excited to join forces with the Stefanini group, deepen our services and offerings for current and future customers in LATAM and, at a later time, expand our reach to new markets, including Brazil, taking advantage of Stefanini's extensive customer network," said Alejandro Planas, CEO of Escala 24×7. "Only 25% of corporate data is currently in the cloud, and the synergy between our companies will create an attractive and competitive offering, allowing us to scale and improve the service currently provided to our current and future customers in their cloud transformation journeys, with the strong seal of the Stefanini group."