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Announced

Completed

Frontenac-backed RCG Global Services completed the acquisition of Woodridge Software.

Financials

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

Tags

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fintech

United States

software development

Software

Acquisition

Domestic

Majority

Private

Completed

Single Bidder

Friendly

Private Equity

Synopsis

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Frontenac-backed RCG Global Services, a global provider of digital transformation consulting services, combining digital strategy and modern cloud and data technologies, completed the acquisition of Woodridge Software, a FinTech focused software development firm. Financial terms were not disclosed. "We are very excited to welcome the talented team of Woodridge Software to the RCG family. The Woodridge team expands our geographic footprint in the Western US and deepens our offering of solutions, especially in the financial services market. In joining the RCG team, Woodridge clients have access to a larger portfolio of solution offerings as well as access to world class offshore service delivery," Ramesh Ramani, RCG CEO.

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