How Aussie tech consultancy startup Transpire came to be acquired by a Brazilian unicorn for $23.4 million

When Transpire co-founder Josh Guest sat watching the earnings call of global digital specialist CI&T, in which it discussed its acquisition of his company Transpire, it all began to sink in.

“I was able to sit back and say, wow this is actually happening,” Guest said.

Behind the scenes it’s months and months of hard work to get to that point. 

“Absolutely surreal, that’s when it kind of clicked. It’s actually happening, we’re actually doing this, and (Transpire) has now got to the world.”

CI&T, a Brazilian unicorn listed on the New York Stock Exchange, acquired the Melbourne-based technology consultancy for $23.4 million. In that earnings call last week, CI&T CEO Cesar Gon said the acquisition is part of its strategy for expanding its reach.