Aurica Capital sells 100% of its stake in Babel
After four years of successful collaboration, Aurica Capital announces the exit from the board of Babel, a multinational technology company specialising in digital transformation solutions, with the gratification of having fulfilled our mission of supporting the company in its transformation and international expansion.
Since the beginning of this partnership, we have worked closely with the management team to reinforce Babel’s position as a leader in the IT sector, advancing along an ambitious roadmap that involved the integration of five strategic companies. This was driven by the objective of fostering both organic and inorganic growth, while enhancing Babel’s capacity to undertake more ambitious global projects.
This milestone marks the end of an extraordinary chapter, reinforces the success of our strategy, and highlights the value we have created within the company. At Aurica, we extend our best wishes to Babel and Mubadala Capital for continued success in this next chapter, which will further strengthen the company’s global position in the digital transformation and IT services sector.