Podcast: Sudhir Panikassery, Founder & CEO of Aeries Technology, and Daniel Webb of Worldwide Webb
by Kristi Marvin on 2023-04-05 at 7:35am

SPACs have been searching hard for combination targets with lean balance sheets and strong cash flow. So, why not combine with a company that helps other companies develop lean balance sheets and strong cash flow?

Aeries Technology does just that, working frequently in conjunction with private equity firms to find efficiencies in their target companies amid a turnaround.

This week, we speak with Sudhir Panikassery, Founder and CEO of Aeries. It announced a $391 million combination with Worldwide Webb Acquisition Corp in March.

Sudhir explains why sourcing clients through private equity firm partners has helped it maintain sticky retention while expanding its margins as it embeds its services deeper in company operations.

Daniel Webb, CEO and CFO of Worldwide Webb Acquisition Corp. (Nasdaq: WWAC), also joins to discuss why Aeries is a fit for the current climate and how they have structured the transaction to provide additional potential upside.

Give it a listen.


 

 

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