Digital services company Improving has acquired Leniolabs – a software development company leveraging nearshore talent in Chile and Argentina.
The transaction is expected to increase Improving’s annualized revenue to exceed $265 million and expand the company’s development services into South America.
The Lenio leadership team will continue to manage and grow the business – with the added advantage of diverse services available through Improving’s extensive portfolio.
Curtis Hite, CEO, Improving, said: “We eagerly anticipate collaborating with the Lenio team and working together towards our shared objectives.”
Leniolabs service offerings include engineering, innovation and design for a variety of software projects across North America and Europe.
Leniolabs experience is heavily based on data, backend, and frontend solutions – with a focus on AI projects leveraging data visualization.
“We are excited to partner with Improving, whose culture, values and dedication to customer success mirror our own. This acquisition is another step forward to provide the best services to our clients and the best opportunities to our team members. We are eager to start the collaboration with all the Improving offices in US and Canada,” said Iago Rodriguez, Co-Founder and Partner, Leniolabs.
The acquisition of Leniolabs will establish an Improving presence in South America. The company has been designated as SOC 2 compliant, demonstrating a commitment to protecting client data with industry-leading security measures.
