Aeries Technology to go public via merger with Worldwide Webb Acquisition in a $656m deal.

Aeries Technology, a global professional services and consulting partner for business leadership teams, private equity sponsors, and their portfolio companies, agreed to go public via merger with Worldwide Webb Acquisition, a publicly traded special purpose acquisition company, in a $656m deal. “Aeries is excited to enter the public markets as we believe the opportunity provided by this transaction will fuel our projected growth and help us achieve our mission of providing superior solutions to our clients. We want to revolutionize the way companies outsource technology and business process services by helping to build internal solutions for their most complex challenges through our ‘One Team’ culture and seamlessly integrating Aeries Technology professionals across teams, from technology to finance, operations, and HR," Sudhir Panikassery, Aeries CEO. On November 2, 2023, Worldwide Webb Acquisition stockholders approve business combination with Aeries Technology.