Tuesday, 15 October 2019

Genpact buys US Digital Consultancy Rightpoint

Genpact, a global professional services firm focused on delivering digital transformation, announced a definitive agreement to acquire Chicago based Rightpoint, a premier digital consultancy with technology at its core. The deal is designed to bring experience and process innovation together to help clients drive end-to-end digital transformation and win in the growing experience economy.

The convergence of market forces and consumer demand has elevated the role of experience from that of a front-end design function to a strategic lever that has the ability to impact the entire organization, connecting the front, middle and back-office. In fact, leading industry analysts predict rapid growth in experience innovation and have estimated the experience market to be more than $30 billion for middle and back-office functions in 2019.
This acquisition combines Genpact's deep process, domain, and digital expertise with Rightpoint's proven ability to create impactful experiences – for both customers and employees. Genpact's global reach and client base will help fuel Rightpoint's continued expansion, as it focuses on growth, which will also include expanding core offerings.

Rightpoint was founded in 2007 and has made a name for itself as a leading authority on customer experience. The company was ranked 28th fastest growing technology consultancy in America on the Inc. 5000 and serves more than 250 Fortune 1000 companies. In 2015, Rightpoint partnered with private equity firm Stella Point Capital to help fuel its growth. The company has five core solution areas, including customer experience and engagement, commerce, digital products, digital workplace, and digital operations.

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