Nagarro

Deal News | Oct 31, 2024 | PR Newswire Cision Nagarro

Nagarro, a leading global digital engineering company, has announced its acquisition of UK-based FWD View Limited, a specialist in data transformation and visualization solutions within the financial markets. This strategic acquisition aims to strengthen Nagarro's presence in the UK financial services sector by incorporating FWD View’s data-driven solutions and expertise in data quality, governance, protection, and analytics, as well as cloud-based solutions. FWD View, known for its extensive use of advanced platforms such as Delphix, Collibra, Databricks, and AWS, will help Nagarro access key players in the UK financial services market and provide enhanced IT services to clients. The acquisition not only adds a team of around fifty experts, comprising employees and contractors, but also aligns with Nagarro’s people-centric leadership culture, fostering collaboration and innovation. With this merger, Nagarro aims to leverage the synergies from FWD View’s capabilities in critical data solutions for financial services companies, alongside its own specialization in AI and engineering excellence.

Sectors

  • Financial Services
  • Information Technology

Geography

  • United Kingdom – The acquisition of FWD View Limited, a UK-based company, underscores Nagarro's strengthening presence in the UK market.
  • Germany – Nagarro is headquartered in Munich, Germany, highlighting its European roots and operations.

Industry

  • Financial Services – The article focuses on the enhancement of Nagarro's capacity to provide digital engineering solutions in the financial services sector through the acquisition of FWD View Limited.
  • Information Technology – Nagarro's acquisition involves advanced data transformation and visualization solutions, indicating its relevance in the IT sector.

Financials

    Participants

    NameRoleTypeDescription
    NagarroAcquiring CompanyCompanyA global leader in digital engineering with over 18,300 employees in 37 countries.
    FWD View LimitedTarget CompanyCompanyA UK-based company specializing in data transformation and solutions for the financial services sector.
    James HeathCEOPeopleCEO of FWD View Limited, commenting on the strategic acquisition's complementarity.
    Surya VedulaHead of BFSI UnitPeopleResponsible for the Banking, Financial Services, and Insurance unit at Nagarro.