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New Deal


Announced

The Rohatyn Group-backed Ness completed the acquisition of Risk Focus.

Synopsis

The Rohatyn Group-backed Ness, a digital transformation services provider, completed the acquisition of Risk Focus, an IT solutions provider. Financial terms were not disclosed. “Adding Risk Focus’s core competence in Digital Transformation services to Ness’s core DNA in product engineering strengthens Ness’ position as a full lifecycle digital engineering firm offering digital advisory through scaled engineering services. With this acquisition, Ness also continues to execute on its strategy to build strong industry expertise in Financial Services and bolster our competencies in cloud and data services," Ranjit Tinaikar, Ness CEO.

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