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Aeries Establishes New Hub in Guadalajara’s La Colonia Americana to Support Growing Nearshore Demand

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Aeries Technology (Nasdaq: AERT) has opened its second office in Mexico, located in Guadalajara's La Colonia Americana. This expansion supports the growing trend of nearshoring, catering to U.S. clients seeking outsourcing benefits with proximity and cultural alignment. The new office will support diverse roles including customer service representatives, implementation specialists, and technology positions.

The strategic location aims to enhance operational efficiency and add business value to clients. According to a Bloomberg report, 80% of North American companies are considering nearshore options. This move aligns with Aeries' commitment to delivering top-tier services while capitalizing on nearshore advantages, including improved communication and faster response times.

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Positive

  • Expansion into a second office in Mexico, indicating company growth
  • Strategic location in Guadalajara's La Colonia Americana, known for its talent pool
  • Diversification of service offerings including customer service, implementation, and technology roles
  • Alignment with growing nearshoring trend, potentially attracting more U.S. clients
  • Enhanced ability to provide faster response times and improved communication with clients

Negative

  • None.

News Market Reaction 1 Alert

-1.83% News Effect

On the day this news was published, AERT declined 1.83%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

GUADALAJARA, Mexico, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (“Aeries” or “the Company”) (Nasdaq: AERT), a global leader in professional services and technology consulting, announced the opening of its second office in Mexico, located in the prestigious La Colonia Americana area of Guadalajara. This strategic expansion highlights the increasing trend of nearshoring, as U.S. clients seek to leverage the benefits of outsourcing while maintaining proximity and cultural alignment.

Strategic Expansion to Bolster Capabilities

The new office will support a diverse range of roles for our clients, including customer service representatives, implementation specialists, training specialists, and other technology positions, aimed at enhancing operational efficiency and adding business value to our clients. This expansion complements Aeries' existing operations in Mexico, further bolstering its nearshore capabilities.

“Opening a second office in Guadalajara aligns with our commitment to delivering top-tier services to our clients while capitalizing on the advantages of nearshore operations,” said Ajay Khare, Chief Operating Officer – Americas and CRO, Aeries. “La Colonia Americana offers an excellent talent pool and a dynamic business environment, making it an ideal location for our growth.”

Nearshoring Benefits

Nearshoring has become increasingly significant as companies aim to balance cost efficiency with operational agility. According to a Bloomberg report, 80% of companies in North America are actively considering nearshore, underscoring its growing importance. Latin America, particularly Mexico, has emerged as a preferred nearshoring destination due to its proximity to the U.S., cultural similarities, and robust educational infrastructure.

“Our new office in Guadalajara will enhance our ability to serve U.S. clients by providing high-quality services and the benefits of nearshore operations,” said Mario Jimenez, Head of Mexico Operations. “We are excited to leverage the local talent and contribute to the region’s economic growth.”

The strategic location of the new office will facilitate closer collaboration with clients, offering improved communication and faster response times. This expansion reflects Aeries’ vision of driving innovation and operational excellence through strategic nearshore operations.

About Aeries Technology
Aeries Technology (Nasdaq: AERT) is a global professional services and consulting partner for businesses in transformation mode and their stakeholders, including private equity sponsors and their portfolio companies, with customized engagement models that are designed to provide the right mix of deep vertical specialty, functional expertise, and digital systems and solutions to scale, optimize and transform a client’s business operations. Founded in 2012, Aeries Technology now has over 1,600 professionals specializing in Technology Services and Solutions, Business Process Management, and Digital Transformation initiatives, geared towards providing tailored solutions to drive business success. Aeries Technology’s approach to staffing and developing its workforce has earned it the Great Place to Work Certification.

Company Contact Information
Ryan Gardella
AeriesIR@icrinc.com


FAQ

What is the significance of Aeries Technology's new office in Guadalajara?

Aeries Technology's new office in Guadalajara supports growing nearshore demand, enhances operational efficiency, and improves service delivery to U.S. clients by leveraging local talent and cultural alignment.

How does the new Guadalajara office benefit Aeries Technology (AERT) clients?

The new office benefits clients by providing diverse roles such as customer service representatives and implementation specialists, offering improved communication, faster response times, and the advantages of nearshore operations.

What percentage of North American companies are considering nearshore options according to the PR?

According to a Bloomberg report mentioned in the press release, 80% of companies in North America are actively considering nearshore options.

Where is Aeries Technology's (AERT) new office located in Guadalajara?

Aeries Technology's new office is located in the La Colonia Americana area of Guadalajara, Mexico.
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