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Announced

20 Feb 2024

Completed

20 Feb 2024

Babel completed the acquisition of KinetIT.

Synopsis

Babel, a provider of software quality assurance, software development, cloud technology and cybersecurity, completed the acquisition of KinetIT, a Portuguese specialised IT company. Financial terms were not disclosed.

Principals

target

KINETIT

bidder

BABEL

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Seller Team (1)

alexandre costa

CEO at KINETIT

Manager

target

Deal

n/a

Total Value

Bidder Team (4)

paulo soares

Partner at ONEtoONE Corporate Finance

Financial Advisor

bidder

Deals

n/a

Total Value

tony olivo

Group CEO at BABEL

Manager

bidder

Deal

n/a

Total Value

josé ramón cos

Partner at ONEtoONE Corporate Finance

Financial Advisor

bidder

Deal

n/a

Total Value

ana castro

Country Director of Babel Portugal at BABEL

Manager

bidder

Deal

n/a

Total Value

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