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.
With over two decades of software development, UX design and technology integration experience, the highly skilled Woodridge team helps financial institutions create revenue generating products and services that drive their customers’ businesses forward and improve their profitability. Their customer-first approach to building software and knowledge in architecting secure, easy to use banking systems, makes them a technology partner of choice for financial institutions as well as an ideal addition to RCG.
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As a result of the acquisition, RCG has expanded its delivery team in the U.S. which strengthens RCG’s existing capabilities in strategy, design, development, and operations for the financial services industry.
“We are very excited to welcome the talented team of Woodridge Software to the RCG family,” said Ramesh Ramani, RCG CEO. “The Woodridge team expands our geographic footprint in the Western U.S. 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.”
By combining the companies, clients will have access to more resources to accelerate their digital transformation journeys. The collaboration between Woodridge’s highly skilled onshore delivery team and RCG’s quality offshore resources in India and the Philippines will empower our team to take on larger projects and provide even better service to our existing clients.
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“Woodridge has been built by an extremely dedicated team, whose talents allow us to exceed our client’s expectations. RCG allows our team to continue to grow, and their culture of exceptional people is a great fit,” said Kaj Gronholm, Woodridge CEO. “We are looking forward to growing the combined company and allowing our people to thrive and helping our clients expand with exceptional software.”
DLA Piper LLP served as legal counsel to RCG Global Services, and Technology Holdings, led by Terry Kavanaugh and Rahul Malpani, advised Woodridge on the transaction.
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