Highmetric, a technology strategy, design and operations provider and a partner of cloud computing service ServiceNow, has acquired NewRocket, a supplier of employee experiences on the ServiceNow platform. Highmetric is a portfolio company of Gryphon Investors, a middle-market private equity firm.
Based in San Diego, CA, NewRocket is a user experience design company within the ServiceNow ecosystem.
Gabe Stephenson, Managing Director at Gryphon, said, “As the largest pure-play ServiceNow firm in the world, Highmetric has unique capabilities to help customers leverage the power of ServiceNow to optimize digital transformation workflows. We believe the acquisition of NewRocket further strengthens Highmetric’s differentiated market leadership position.”
As part of the transaction, Nathan Firth, president and principal engineer at NewRocket, will join Highmetric as chief creative officer.
Matt Stoyka, Highmetric CEO, said, “We are delighted to welcome Nathan and his crew to Highmetric. NewRocket’s broad capabilities in creative design, design thinking, and user empathy are highly complementary to Highmetric’s offerings and will augment our ability to unite workflows and provide seamless integration to customers across web and mobile platforms. This acquisition demonstrates Highmetric’s commitment to rapidly scaling our business to create powerful solutions that drive meaningful business results for our clients.”
Firth commented, “I’m beyond excited to partner with Highmetric for this next chapter in our intergalactic journey. Our mission has always been to deliver extraordinary user experiences on the ServiceNow platform, and now with the additional fuel and crew, we look forward to delivering a broader range of products and services.”
7Mile Advisors served as financial advisors to Highmetric, and Kirkland & Ellis served as legal advisor.