November 2022
Ntersol
Canaccord Genuity Advises Financial Services-Focused Digital Transformation Provider NTERSOL on its Sale to CI&T
Canaccord Genuity is pleased to announce it has advised NTERSOL Consulting LLC, a US-based financial services-focused digital transformation provider, on its sale to CI&T (NYSE: CINT), a global digital specialist. The acquisition of NTERSOL further expands CI&T’s operations in North America and bolsters the company’s expertise and capabilities within the financial segment.
NTERSOL is a strategy and solutions firm providing digital transformation services to leading companies throughout the financial sector. Helping companies rethink and reshape their operations for the digital age, the consulting firm’s core industry expertise lies within the banking, financial services, and insurance (BFSI) vertical. NTERSOL is headquartered in Irvine, California.
CI&T is a partner in digital transformation for 100+ large enterprises and fast growth clients. As digital natives, the company brings a 27-year track record of accelerating business impact through complete and scalable digital solutions. With a global presence in nine countries with a nearshore delivery model, CI&T provides strategy, data science, design, and engineering, unlocking top-line growth, improving customer experience, and driving operational efficiency. Recognized by Forrester as a Leader in Modern Application Development Services, CI&T is the employer of choice for more than 6,700 professionals.
CI&T's digital transformation expertise has accelerated business impact for leading brands around the world. By combining insight-driven digital strategy, customer-centric design, and best-in-class engineering, the company brings ideas to market faster, generating immediate business results. As part of this strategic acquisition, NTERSOL will add more than 170 US-based digital specialists to CI&T, including an executive roster of seasoned veterans, a core team of developers, and product and business strategists.
Canaccord Genuity, with a team led by Ben Lunka, Sanjay Chadda, and Greg Staton, served as the exclusive financial advisor to NTERSOL.