RCG Global Services Acquires Woodridge Software to Expand its FinTech Services Capabilities
Summary
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. As a result of the acquisition, RCG has expanded its delivery team in the U.S. which strengthens RCGs existing capabilities in strategy, design, development, and operations for the financial services industry. 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. Over the last 50+ years, Frontenac has built a franchise working with over 300 owners of mid-sized businesses as they address complex transition issues of liquidity, management enhancement, and growth planning.