Making Science continues its international expansion with the acquisition of Sweeft Digital, one of the leading e-commerce, payments and applications companies.
Adds over 200 software engineers and data scientists, contributes over $ 1 million of pro forma EBITDA, generating over 50% outside of Spain
– José Antonio Martínez Aguilar, CEO of Making Science
MIAMI, FLORIDA, USA, September 15, 2021 /EINPresswire.com/ – Making Science, a digital technology and marketing consultancy, has announced a new step in its growth strategy with the acquisition of Sweeft Digital, a Electronic commerce payment platform and application development company based in Tbilisi (Georgia).
“By acquiring Sweeft Digital, we are strengthening our expertise in e-commerce, payment platforms and applications, which experienced strong growth during the pandemic. The engineering team at Sweeft Digital complements and adds to our capabilities, ”said José Antonio Martínez Aguilar, CEO of Making Science.
With this investment, Making Science will secure Sweeft Digital customers in the UK, Italy, Germany and Georgia. It will also add a proprietary digital wallet product (Sweeft Wallet), which has been operating in Georgia since 2017.
“We are delighted to continue our growth as part of Making Science. By expanding our global footprint, we can bring our innovative solutions to an even wider audience. I am delighted to see the opportunities that will arise from this union ”commented the CEO of Sweeft Digital, Vako Turnava.
Making Science will continue its international expansion plan, focusing on geographic diversification and business segments, and adds more than $ 1 million in pro forma EBITDA for this year 2021. As a highlight, Making Science already generates more than 50% of EBITDA in international markets, a statistic which “shows the strength of our expansion plan outside Spain”, adds José Antonio.
Managing Partner of Sweeft Digital, Giorgi Mariamidze is delighted with the merger of the teams and the way forward. Mariamidze added that their team is “thrilled to be a part of Making Science’s future and its unprecedented growth”.
Sweeft Digital is a full-stack business creation and development agency, offering a wide range of creative and personalized technology solutions. With a dedicated team of professionals, the company provides end-to-end mobile solutions, including iOS, Android, frontend, backend, and third-party integration. She also develops any type of web application and has extensive experience in the fields of Fintech and e-commerce, among others.
The acquisition is part of the company’s international expansion, which already includes a presence in Spain, Portugal, Mexico, Colombia, United States, Ireland, France, Italy and UK. In this regard, Making Science accelerated its growth plan in 2020 by joining BME Growth in Spain and Euronext Growth Paris in France to increase its financing capacity and boost its international growth.
About doing science
Making Science is a technology and digital marketing consulting firm specializing in e-commerce and digital transformation. Its business model responds to the growing need of companies to digitize their entire value chain, particularly in the area of marketing. The markets in which Making Science operates are digital advertising, data analytics, e-commerce, cloud analytics, e-commerce, and the cloud, all of which have high growth rates. The Making Science group currently employs over 500 people and has a presence and technological development in Spain, Portugal, Mexico, Colombia, France, Italy, UK, Ireland and USA. The company was voted SME of the Year 2019 by the Madrid Chamber of Commerce and recently received the CRECE (Fast Exponentially Growing Company) award from the consultancy firm Ernst and Young as part of the entrepreneur of the year. It also achieved 71st place in the FT1000: Europe’s Fastest-Growing Companies 2021 ranking, established by the Financial Times, positioning itself as the first and fastest growing European company in the marketing and sales sector. Making Science has also joined the Pledge1% initiative, supporting nonprofits in our community with a commitment that will have a major impact going forward.
write us here