AERT | Market Cap: $37.7M (07/13/26)
Industry:
Commercial Services

DESCRIPTION

Aeries provides professional services that help private equity-backed companies and mid-market enterprises establish and run Global Capability Centers (GCCs). These centers operate as offshore or nearshore hubs in India and Mexico, performing functions such as IT, finance, software engineering, and customer service. Aeries recruits and employs the professionals who work in these centers, deploying them as integrated extensions of a client's team while Aeries manages HR, compliance, and regulatory requirements. Clients retain functional control over their teams and choose between models where Aeries operates the center directly or the client maintains legal ownership. Aeries generates revenue by charging a markup on direct labor costs while passing through indirect expenses like rent and utilities. The business focuses on North American clients, specifically targeting those within the private equity ecosystem. Aeries grows by increasing headcount within existing centers, winning new clients through private equity relationships, and selling specialized services such as AI implementation and digital transformation. By using cost-advantaged labor markets, Aeries helps companies access skilled talent and reduce operational costs without the burden of building their own offshore subsidiaries.

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