January 2022
RipeConcepts
Canaccord Genuity Advises Global Digital Creative Services Company RipeConcepts on its Combination with Nagarro (FRA: NA9)
Canaccord Genuity is pleased to announce it has advised RipeConcepts, a leader in global digital creative services, on its combination with Nagarro, a global leader in digital engineering.
Headquartered in Salt Lake City, Utah, with the majority of its employees in state-of-the-art creative hubs in Cebu, Philippines, RipeConcepts is a fast-growing company that positions itself as “digital lightning in a bottle” and delivers high quality, multi-channel creative content at scale. The award-winning company excels in the creative digital disciplines of design, illustration, 3D modelling, animation, and marketing. Its clients include Fortune 500 companies, as well as Silicon Valley unicorns. RipeConcepts has more than 650 employees.
Nagarro, a global digital engineering leader, helps clients become innovative, digital-first companies that win in their markets. The company is distinguished by its entrepreneurial, agile, and global character, its CARING mindset, and its approach of thinking breakthroughs. Nagarro employs more than 12,000 people in 27 countries.
The transaction strengthens Nagarro’s design and creative capabilities, which will be deployed to improve existing solutions, while developing new offerings related to a vision of a “metaverse” future. In addition, the transaction provides Nagarro access to a highly educated workforce in the Philippines.
Canaccord Genuity, with a team led by Edin Trto, served as the exclusive financial advisor to RipeConcepts.
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