From left to right: Pablo Argáiz, Corporate M&A Director at Babel; Angélica Garzón, Founding Partner of Meraki; Evelyn González, Head of the Legal Department at Babel; and Christian Rojas, Founding Partner of Meraki.
- This operation strengthens the company’s presence in Latin America, a key region for its international expansion strategy.
- Meraki has more than 120 professionals specialized in cutting-edge technologies for solutions in the banking sector.
- Babel thus continues its growth and expansion based on a combination of organic growth and strategic inorganic operations.
Babel, a Spanish-origin multinational technology company specializing in digital transformation solutions, announces the acquisition of the Colombian technology firm Meraki. With this operation, the company strengthens its presence in Colombia, one of the most important markets in Latin America, gaining greater operational capacity and expanding its service network in the country — particularly in strategic sectors such as financial services. In doing so, it reinforces its model of supporting global clients from different countries through consolidated local structures.
With the integration of the Meraki team, the group now has a global workforce of over 3,500 people, reinforcing its inorganic growth strategy, which adds to the other five acquisitions carried out over the past four years.
Alongside Babel’s service offering, Meraki brings extensive expertise in banking technologies. In this field, it operates along two main lines: providing professional services with training or experience in financial platforms (APX Online and Batch, ASO, Seemas, DataX, Control M, Host, and Cells) and developing tailor-made projects in these environments. Its team masters both advanced systems and legacy technologies under Datapower.
An integration model based on creating a single team
The integration of Meraki follows the model that Babel applies to all its acquisitions: a comprehensive integration process over a period of 12 to 18 months, during which all processes, policies, procedures, KPIs, brand, and systems are unified. The goal is to create a single, unified company that operates as one team with one culture. This model, already proven in previous Babel acquisitions, once again plays a key role in an initiative that further strengthens the company’s position in Latin America.
Tony Olivo, CEO of Babel, highlights:
“The incorporation of the Meraki team into Babel consolidates our presence in Colombia and confirms our commitment to the country. Moreover, it further enhances our technological capabilities in the financial sector, where Babel is already a reference. This is a milestone within our Hyperspace 2029 Strategic Plan, which focuses, among other aspects, on international growth in the countries where we already operate, positioning us as leaders in the ICT sector. We are very excited about this operation and the opportunities it opens up for us in Colombia, one of the countries with the greatest potential in Latin America.”
Angélica Garzón, founding partner of Meraki, adds:
“Being part of Babel allows us to take a step forward in our evolution as a company.”
Christian Rojas, also a founding partner of Meraki, adds:
“We are convinced that this integration will open up new opportunities both for our teams and for our clients.”
Babel thus strengthens its position as a partner in accelerating digital transformation across the region and as a driver of Colombian ICT talent. The company plans to close one or two more deals this year in other regions, in line with its inorganic growth strategy.