Wipro to Acquire Rizing from One Equity Partners
April 26, 2022
Wipro Limited has signed a definitive agreement to acquire Rizing (Rizing Intermediate Holdings, Inc.), a global SAP consulting and systems-integration firm headquartered in Stamford, Connecticut. Rizing, previously owned by One Equity Partners, has roughly 1,200–1,300 employees across multiple countries; the deal expands Wipro's SAP consulting and cloud capabilities and is subject to regulatory approvals.
- Buyers
- Wipro Limited
- Targets
- Rizing (Rizing Intermediate Holdings, Inc.)
- Sellers
- One Equity Partners
- Industry
- IT Services
- Location
- Connecticut, United States
- Transaction Type
- Buyout
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