KKR is to acquire Ness Digital Engineering (Ness), a global provider of full-lifecycle end-to-end digital transformation services that specialises in building digital software products and platforms, from The Rohatyn Group (TRG).
KKR is to acquire Ness Digital Engineering (Ness), a global provider of full-lifecycle end-to-end digital transformation services that specialises in building digital software products and platforms, from The Rohatyn Group (TRG).
Founded in 1998 and headquartered in Teaneck, New Jersey, Ness offers a wide range of digital practices that include cloud engineering, data and analytics, experience design, intelligence engineering, and salesforce for businesses across sectors. Today, Ness has a presence in North America, Europe, the Middle East, and Asia, with a globally diversified talent pool across India, Eastern Europe, and the United States.
Ness adds to KKR’s global portfolio of technology investments, which includes Cloudera, a provider of enterprise-grade, hybrid data management software in the United States; 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, a leading Australian online business management company; and Jio, a next-generation technology platform that provides digital services across India.
KKR is making its investment from its Asian Fund IV. Additional terms of the transaction, which is subject to customary closing conditions, have not been disclosed.
