Llorente & Cuenca, S.A. acquired Dattis Comunicaciones S.A.S. from Dario Vargas and other minority partners.
May 15, 2024
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Llorente & Cuenca, S.A. (BME:LLYC) acquired Dattis Comunicaciones S.A.S. from Dario Vargas and other minority partners on May 15, 2024. LLYC is acquiring Dattis at a valuation of six times EBITDA. Andres Ortiz, Senior Partner, will retain the remaining 21.31%.Dattis will operate as Dattis by LLYC in 2024, alongside LLYC Colombia, with Andres Ortiz leading Dattis and Camila Gomez Pardo as President. Starting in 2025, under the LLYC brand, Ortiz, Gomez, and Alejandra Aljure, LLYC Colombia's current general manager, will lead the unified structure. As of year ended 2023, Dattis Comunicaciones S.A.S reported revenue of ?6.2 million and EBITDA of ?1.6 million.
Llorente & Cuenca, S.A. (BME:LLYC) completed the acquisition of Dattis Comunicaciones S.A.S. from Dario Vargas and other minority partners on May 15, 2024.
Llorente & Cuenca SA is a Spain-based global communication and public affairs consulting public company. The Company helps its clients to proactively make strategic decisions, with the necessary creativity and experience, and their execution, minimizing risks, taking advantage of opportunities and always considering the reputational impact. The Company helps its clients achieve their short-term business goals and set a path, with a long-term vision, to defend their social license to operate and increase their reputation. The Company has 16 offices in Argentina, Brazil, Colombia, Chile, Ecuador, Spain, the United States (Miami, New York and Washington, DC), Mexico, Panama , Peru, Portugal and the Dominican Republic.
LLORENTE & CUENCA, S.A. 
