Grid Dynamics - M&A Summary and Business Overview

Information TechnologyCompany

Grid Dynamics M&A Summary

Grid Dynamics has acquired 5 companies, including 4 in the last 5 years.

Grid Dynamics’ largest acquisition to date was in 2024, when it acquired Corob for $293M. Grid Dynamics has acquired in 1 US state, and 4 countries. The Company’s most targeted sectors include software (60%) and information technology (20%).

Grid Dynamics Business Overview

Where is Grid Dynamics headquartered?

Grid Dynamics is headquartered in San Ramon, California.

What is Grid Dynamics’ revenue?

Grid Dynamics disclosed revenue of 313M USD for 2023 and 310M USD for 2022.

How many employees does Grid Dynamics have?

Grid Dynamics has 3,892 employees.

What sector is Grid Dynamics in?

Grid Dynamics is an information technology company.

When was Grid Dynamics founded?

Grid Dynamics was founded in 2006.

M&A Summary

  • M&A Total Activity5
    • M&A Buy Activity5
  • Total Sectors Invested 3
  • Total Countries Invested 4
  • M&A Buy/Sell Connections 1

Grid Dynamics

Grid Dynamics International, Inc.

5000 Executive Parkway, Suite 520,
San Ramon, California 94583
United States,
(650) 523-5000
www.griddynamics.com

Grid Dynamics International, Inc. is a provider of open, scalable, next-generation commerce technology solutions in the areas of omnichannel digital platforms, cloud enablement, and continuous delivery. Grid Dynamics was founded in 2006 and is based in San Ramon, California.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.8/yr) # 1 1 1 - - 2 5
vol $293M $293M
Sell (0.0/yr) # - - - - - - 0
  5

Most Recent M&A

Company Date Value Type
JUXT Ltd. 2024-09-26 - Add-on Acquisition
Milton Keynes, United Kingdom · www.juxt.pro
Corob S.p.A 2024-09-26 293M EUR Add-on Acquisition
Modena, Italy · www.corob.com
Tacit Knowledge 2021-05-29 - Divestiture
London, United Kingdom · www.tacitknowledge.com
Daxx Soft BV 2020-12-14 - Add-on Acquisition
Wormerveer, Netherlands · www.daxx.com
Tonomi, Inc. 2015-08-17 - Add-on Acquisition
Menlo Park, California · www.griddynamics.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Software 3 (60%) - - -
Information Technology 1 (20%) - - -
Machinery 1 (20%) 293M (100%) - -
Total 5 $293M - -

By Geo

State/Country Buy Value Sell Value
United Kingdom 2 - - -
Italy 1 293M - -
Netherlands 1 - - -
United States 1 - - -
  California 1 - - -
Domestic 1 (20%) - - -
Cross-border 4 (80%) 293M (100%) - -
Total 5 $293M - -

Deal Values

buy # Total
$100M to $1B 1 $293M
TOTAL $293M
Largest Corob S.p.A
$293M (2024-09-26)

M&A Connections

Deals
Acquired from
Strategic(s)
20%
1 (20%)

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