Ness, a Teaneck-based digital engineering firm, has been active on the dealmaking front in recent years. Its latest transaction, announced May 20, was the purchase of Risk Focus, a New York consulting and advisory firm. The acquisition brings expertise in financial services and cloud and data services the buyer, which is backed by The Rohatyn Group.
For this edition of NJBIZ Conversations, Editor Jeff Kanige spoke with Ness CEO Ranjit Tinaikar about how the deal will help the company assist clients in managing the technological transformation washing over every sector of the economy, putting together an acquisition during the pandemic and his overall economic outlook. “My general prediction is, listen, we are a global company so I get to see a little bit of Europe, Asia and the United States and what i’m seeing right now is two fundamentally very different pictures of the economy, and they do affect each other, because we run a global supply chain of talent. So you cannot separate Asia from the United States,” he said. “The United States is looking a lot more optimistic. A percentage of the population – I’m going out and eating inside restaurants, not on pavements anymore, which is nice. But at the same time, if I were to look at our colleagues in India they’re going through a tough time.”