Thoughtworks acquires leading product development consultancy, Connected

2 minute read
27 April 2022

On April 27, 2022, Thoughtworks (NASDAQ: TWKS) announced its acquisition of privately-held, Canada-based Connected.

Thoughtworks is a global technology consultancy that integrates strategy, design and engineering to drive digital innovation. The company has over 10,000 employees across 49 offices in 17 countries. 

Connected is an end-to-end, product development service firm based in Toronto that partners with its clients to discover and deliver products. 

Together with Connected, Thoughtworks will advance its capabilities in solving business problems through product-led design processes, from defining the strategy to discovery and delivery. The addition of Connected significantly expands Thoughtworks' Canadian footprint with an especially strong presence in Toronto, one of North America's fastest growing technology talent markets. 

Gowling WLG advised Thoughtworks in this acquisition with a team that included Lorne Segal, Karen Hennessey, Garrett Hamel and Shannon Gallant (corporate/M&A); Melanie Polowin (employment); and Paul Carenza (tax); assisted by student-at-law Sarah Muboyayi and law clerk Karen Ethier.

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