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New Deal


Announced

Completed

BABEL completed the acquisition of Software services division.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Domestic

consultancy

Management Consulting

professional services

Majority

Single Bidder

Acquisition

Completed

Friendly

Spain

Synopsis

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BABEL, a Spanish digital transformation company, completed the acquisition of Software services division. The acquisition enables the Spanish company to complete its capacities and services, focusing on emerging technologies in fields such as blockchain, big data/analytics, low-code, artificial intelligence, chatbots, etc., by incorporating new digital transformation solutions based on IoT products, real-time information analytics, appification or business architecture. “Our goal is to make our company an attractive place to work and grow professionally. If the best professionals want to be in BABEL, the benefits for partners and customers are automatically produced . With this acquisition I think we take a big step towards that goal," Salvador Fontán,BABEL Cairman.

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