U.S. private equity firm KKR<\/a> & Co. said on Thursday it signed a definitive agreement to buy 100 percent stake in Ness Digital Engineering<\/a>, a digital services transformation company, from The Rohatyn Group<\/a>.

Although both the companies did not reveal the value terms of the transaction, KKR has agreed to pay over $500 million to buyout Ness, according to people familiar with the matter.

Founded in 1998 and headquartered in Teaneck, New Jersey, Ness is a leading provider of end-to-end digital transformation services that specializes in building
digital software products<\/a> and platforms.

The Company offers a wide range of digital practices that include
cloud engineering<\/a>, data and analytics, experience design, intelligence engineering, and salesforce for businesses across sectors. Its clientele includes S&P Global, JP Morgan, Michelin and Veritas<\/a> group among others.

\"\"
<\/span><\/figcaption><\/figure>
“Digital transformation and adoption is a critical strategy for businesses of all sizes worldwide. Against this backdrop, KKR believes that Ness is well-positioned for growth, supported by its exceptional, experience-led product engineering heritage. KKR is pleased to invest in Ness’ capabilities and looks forward to working alongside its talented team to further scale Ness’ digital-first platform, achieve its global ambitions, and better enable its customers to compete in the digital economy,” said Gaurav Trehan, Partner and CEO of KKR India.

KKR has made this investment from its Asia Fund IV. Ness adds to KKR’s portfolio of technology investments, which includes, Cloudera, a provider of enterprise-grade, Yayoi, a software developer, distributor, and support service provider for small and medium-sized enterprises in Japan, Probe CX, a provider of outsourced customer experience and business process outsourcing solutions in Australia, MYOB, an Australian online business management company and Jio in India, the statement said.

“We believe this transaction will help us turbocharge our growth plans and further strengthen our competitive market position. We look forward to leveraging KKR’s global platform and strong investment and operational expertise to deliver more innovative solutions to help our customers keep up with the pace of digitalization required by the accelerated online economy,” said Ranjit Tinaikar, CEO of Ness.

Founded by partners including former JPMorgan Chase & Co. banker Nicolas Rohatyn in 2002, Rohatyn Group focuses on investments in emerging markets and real assets, its website shows.

“We are proud to have tapped into TRG’s technology services expertise and extensive global experience to help Ness become a unique, global leader in the digital space. We wish the Company the best in its next chapter,” said Nicolas Rohatyn, chief executive officer and founder of The Rohatyn Group.

Ness employees over 4000 people spread across India, eastern Europe, and the US, with around 45 percent of the talent pool is from India. It engages with chief digital officers and business heads of client organizations looking to build consumer-facing or revenue-generating applications with domain expertise in Financial Services, Media, Entertainment & Education, High-Tech ISVs, and Manufacturing & Transportation.
<\/p><\/body>","next_sibling":[{"msid":95132772,"title":"Comcast quarterly revenue beats but broadband, advertising growth muted","entity_type":"ARTICLE","link":"\/news\/comcast-quarterly-revenue-beats-but-broadband-advertising-growth-muted\/95132772","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"95123443","title":"Deal-","entity_type":"IMAGES","seopath":"industry\/indl-goods\/svs\/engineering\/kkr-acquires-ness-digital-engineering-for-over-500-million\/deal-","category_name":"KKR acquires Ness Digital Engineering for over $500 million","synopsis":false,"thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-32504\/95123443.cms?width=150&height=112","link":"\/image\/industry\/indl-goods\/svs\/engineering\/kkr-acquires-ness-digital-engineering-for-over-500-million\/deal-\/95123443"}],"msid":95132843,"entity_type":"ARTICLE","title":"KKR acquires Ness Digital Engineering for over $500 million","synopsis":"Founded in 1998 and headquartered in Teaneck, New Jersey, Ness is a leading provider of end-to-end digital transformation services that specializes in building digital software products and platforms.","titleseo":"telecomnews\/kkr-acquires-ness-digital-engineering-for-over-500-million","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2022-10-28 07:43:33","lastupd":"2022-10-28 07:43:55","breadcrumbTags":["ness digital engineering","kkr","The Rohatyn Group","digital software products","cloud engineering","veritas","enterprise services"],"secinfo":{"seolocation":"telecomnews\/kkr-acquires-ness-digital-engineering-for-over-500-million"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2022-10-28" data-index="article_1">

KKR获得洛克数字工程超过5亿美元

成立于1998年,总部设在蒂内克市,新泽西,洛克是一个端到端的数字转换服务的领先供应商,专门从事建筑数字软件产品和平台。

  • 更新2022年10月28日07:43点坚持

美国私人股本公司KKR& co .)周四表示,签署了一份最终协议购买100%的股份洛克数字工程数字服务转换公司罗哈廷集团

尽管这两个公司没有透露交易的价值方面,KKR已同意支付5亿美元收购湖水,据知情人士透露。

成立于1998年,总部设在蒂内克市,新泽西,洛克是一个端到端的数字转换服务的领先供应商,专门从事建筑数字软件产品和平台。

该公司提供了一个广泛的数字实践,包括云计算工程,体验设计数据和分析情报工程和销售团队对企业各部门。其客户包括标普全球,摩根大通,米其林和真理集团等等。

广告

采用“数字转换和各种规模的企业是一个关键战略。在这种背景下,KKR认为洛克具备增长,支持异常,经历使得产品工程遗产。KKR高兴地投资于湖水的能力和期待与优秀的团队一起工作,进一步规模洛克的数字领先平台,实现其全球的野心,和更好的使客户在数字经济竞争,“Gaurav Trehan说,KKR的合伙人兼首席执行官印度。

KKR已经从其亚洲投资基金第四。洛克技术增加了KKR的投资组合投资,其中包括,Cloudera,企业级的提供者,弥生,一个软件开发人员,经销商,和支持服务提供者对中小企业在日本,探头CX,外包供应商客户体验和业务流程外包解决方案在澳大利亚,MYOB,澳大利亚在线业务管理公司和Jio在印度,声明说。

“我们相信这笔交易将帮助我们提高我们的发展计划和市场地位进一步加强我们的竞争力。我们期待着利用KKR的全球平台和强大的投资及运营能力,为市场提供更多的创新的解决方案,以帮助客户跟上步伐的加速所需的数字化网络经济,”首席执行官Ranjit说Tinaikar湖水。

由合作伙伴包括前摩根大通银行家尼古拉•罗哈廷2002年,罗哈廷集团重点投资在新兴市场和实际资产,其网站上所示。

“我们很自豪了丹的技术服务专业知识和广泛的全球经验帮助洛克成为一个独特的,全球领先的数字空间。我们希望公司最好的下一章,“尼古拉•罗哈廷说,Rohatyn Group的首席执行官和创始人。

广告
洛克的雇员超过4000人遍布印度、东欧、美国,大约45%的人才库是来自印度。与首席数字官和业务的客户组织寻求构建面向消费者的收益或应用程序域专家在金融服务、媒体、娱乐、教育、高科技isv和制造业和运输业。

  • 发布于2022年10月28日07:43点坚持
是第一个发表评论。
现在评论

加入2 m +行业专业人士的社区

订阅我们的通讯最新见解与分析。乐动扑克

下载ETTelec乐动娱乐招聘om应用

  • 得到实时更新
  • 保存您最喜爱的文章
扫描下载应用程序

U.S. private equity firm KKR<\/a> & Co. said on Thursday it signed a definitive agreement to buy 100 percent stake in Ness Digital Engineering<\/a>, a digital services transformation company, from The Rohatyn Group<\/a>.

Although both the companies did not reveal the value terms of the transaction, KKR has agreed to pay over $500 million to buyout Ness, according to people familiar with the matter.

Founded in 1998 and headquartered in Teaneck, New Jersey, Ness is a leading provider of end-to-end digital transformation services that specializes in building
digital software products<\/a> and platforms.

The Company offers a wide range of digital practices that include
cloud engineering<\/a>, data and analytics, experience design, intelligence engineering, and salesforce for businesses across sectors. Its clientele includes S&P Global, JP Morgan, Michelin and Veritas<\/a> group among others.

\"\"
<\/span><\/figcaption><\/figure>
“Digital transformation and adoption is a critical strategy for businesses of all sizes worldwide. Against this backdrop, KKR believes that Ness is well-positioned for growth, supported by its exceptional, experience-led product engineering heritage. KKR is pleased to invest in Ness’ capabilities and looks forward to working alongside its talented team to further scale Ness’ digital-first platform, achieve its global ambitions, and better enable its customers to compete in the digital economy,” said Gaurav Trehan, Partner and CEO of KKR India.

KKR has made this investment from its Asia Fund IV. Ness adds to KKR’s portfolio of technology investments, which includes, Cloudera, a provider of enterprise-grade, Yayoi, a software developer, distributor, and support service provider for small and medium-sized enterprises in Japan, Probe CX, a provider of outsourced customer experience and business process outsourcing solutions in Australia, MYOB, an Australian online business management company and Jio in India, the statement said.

“We believe this transaction will help us turbocharge our growth plans and further strengthen our competitive market position. We look forward to leveraging KKR’s global platform and strong investment and operational expertise to deliver more innovative solutions to help our customers keep up with the pace of digitalization required by the accelerated online economy,” said Ranjit Tinaikar, CEO of Ness.

Founded by partners including former JPMorgan Chase & Co. banker Nicolas Rohatyn in 2002, Rohatyn Group focuses on investments in emerging markets and real assets, its website shows.

“We are proud to have tapped into TRG’s technology services expertise and extensive global experience to help Ness become a unique, global leader in the digital space. We wish the Company the best in its next chapter,” said Nicolas Rohatyn, chief executive officer and founder of The Rohatyn Group.

Ness employees over 4000 people spread across India, eastern Europe, and the US, with around 45 percent of the talent pool is from India. It engages with chief digital officers and business heads of client organizations looking to build consumer-facing or revenue-generating applications with domain expertise in Financial Services, Media, Entertainment & Education, High-Tech ISVs, and Manufacturing & Transportation.
<\/p><\/body>","next_sibling":[{"msid":95132772,"title":"Comcast quarterly revenue beats but broadband, advertising growth muted","entity_type":"ARTICLE","link":"\/news\/comcast-quarterly-revenue-beats-but-broadband-advertising-growth-muted\/95132772","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"95123443","title":"Deal-","entity_type":"IMAGES","seopath":"industry\/indl-goods\/svs\/engineering\/kkr-acquires-ness-digital-engineering-for-over-500-million\/deal-","category_name":"KKR acquires Ness Digital Engineering for over $500 million","synopsis":false,"thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-32504\/95123443.cms?width=150&height=112","link":"\/image\/industry\/indl-goods\/svs\/engineering\/kkr-acquires-ness-digital-engineering-for-over-500-million\/deal-\/95123443"}],"msid":95132843,"entity_type":"ARTICLE","title":"KKR acquires Ness Digital Engineering for over $500 million","synopsis":"Founded in 1998 and headquartered in Teaneck, New Jersey, Ness is a leading provider of end-to-end digital transformation services that specializes in building digital software products and platforms.","titleseo":"telecomnews\/kkr-acquires-ness-digital-engineering-for-over-500-million","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2022-10-28 07:43:33","lastupd":"2022-10-28 07:43:55","breadcrumbTags":["ness digital engineering","kkr","The Rohatyn Group","digital software products","cloud engineering","veritas","enterprise services"],"secinfo":{"seolocation":"telecomnews\/kkr-acquires-ness-digital-engineering-for-over-500-million"}}" data-news_link="//www.iser-br.com/news/kkr-acquires-ness-digital-engineering-for-over-500-million/95132843">