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New Deal


Announced

Wipro to acquire Rizing from One Equity Partners for $540m.

Financials

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Transaction Value£423m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

Private Equity

SAP consulting

Pending

Single Bidder

Software

Majority

Cross Border

Private

United States

Synopsis

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Wipro, a global information technology, consulting, and business process services company, agreed to acquire Rizing, a global SAP consulting firm, significantly expanding its breadth of capabilities in helping businesses transform into intelligent enterprises, from One Equity Partners, a private equity firm, for $540m. “Rizing’s complementary consulting capabilities and strong client relationships will significantly boost our existing offering, creating one of the most differentiated SAP services in the marketplace. Together, we will be able to expand our presence in high-growth industry sectors,” Thierry Delaporte, Wipro CEO.

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