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Rcg Global Services Acquires Woodridge Software To Expand Its Fintech Services Capabilities

Aug 02, 2023about 2 years ago

Acquiring Company

Rcg Global Services

Acquired Company

Woodridge Software

ConsultingInformation Technology

Description

RCG Global Services, a global digital transformation services provider, announced the acquisition of Woodridge Software, a FinTech focused software development firm based in Colorado. Woodridge provides services to clients in a range of industries with strong specialization in financial services and has successfully delivered projects to banks and credit unions across the United States, Canada, and Europe. Woodridge has extensive partnerships with leading financial technology companies including Temenos, Alloy, Personetics, and MaxMyInterest.

Company Information

Company

Rcg Global Services

About

RCG is a global provider of digital transformation consulting services, combining digital strategy and modern cloud and data technologies to deliver measurable business outcomes. RCG helps customers ignite transformational thinking and unlock new value throughout their journey to achieve their digital ambitions. RCG serves Fortune 1000 enterprise clients across a range of markets, with special emphasis on the consumer, financial services and insurance, and healthcare industries. RCG is part of the Frontenac portfolio of companies, and is based in Iselin, New Jersey, with offices throughout the United States, and offshore delivery centers in the Philippines and India. For more information, please visit rcgglobalservices.com.

FundzWatch™ Score

63
High M&A Activity

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed