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Date July, 2022
Client Reign
Counterparty Apply Digital
Industry Technology
Amount Not disclosed
Landmark Alantra acted as exclusive financial advisor to the founders of Reign, Juan Claudio Lopez and Juan Manuel Fluxa, on the sale of its shares to its strategic partner Apply Digital of Canada, a global digital transformation and innovation consultancy an Interlock Equity portfolio company.
With Reign, Apply Digital will increase to 450 employees through their eight global offices across Canada, the US, Mexico, Chile, and the Netherlands. The Reign integration will help Apply Digital continue its growth and transform complex problems into simple digital solutions.
Founded in 2015 in Chile, Reign delivers digital transformation through the design and development of web and mobile applications using headless content and ecommerce solutions. The company has helped clients like Socofar, Coca-Cola Embonor, Tigo, and Atlassian create smarter business solutions.
With offices in Santiago, Chile, and Miami, Florida, Reign knows that its diverse, focused, talented team of 175+ employees makes them a highly effective organization and helps them bring a fresh and open attitude to everything they do. The company has been internationally recognized for its capabilities and recently won an award for their B2B solution for Coca Cola bottler Embonor at the inaugural MACH Alliance Awards.
Founded in Vancouver, British Columbia, in 2016, Apply Digital is an innovation, products, and experiences company that builds successful digital solutions to help its clients gain a competitive advantage. The company has a human-centric design approach and leverages modern composable technologies for a roster of long-term clients that includes Moderna, Tishman Speyer, Lululemon, and Kraft Heinz.
Apply Digital has proven success in many sectors including Entertainment, Healthcare, Retail, Gaming, and Insurance, and has received international recognition for its work. The company received a growth investment from Interlock Equity in December 2021 and is one of the fastest-growing technology services companies in North America.