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  6. CTG Acquires Eleviant

M&A Deal Summary

CTG Acquires Eleviant

On September 29, 2022, CTG acquired information technology company Eleviant

Acquisition Highlights
  • This is CTG’s 4th transaction in the Information Technology sector.
  • This is CTG’s 2nd transaction in the United States.
  • This is CTG’s 1st transaction in Texas.

M&A Deal Summary
Date 2022-09-29
Target Eleviant
Sector Information Technology
Buyer(s) CTG
Deal Type Add-on Acquisition

Target

Eleviant

Richardson, Texas, United States
Eleviant provides businesses with digital products and services to enhance productivity, engagement, communication, and scale. In addition to its primary services, which include mobile and web application development, cloud migration, and managed IT services, the Company also provides intelligent process automation, and blockchain services. Eleviant was founded in 2004 and is based in Richardson, Texas.

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Buyer(S) 1

Buyer

CTG

Amherst, New York, United States
Category Company
Founded 1966
Sector Information Technology
Revenue 325M USD (2022)
DESCRIPTION

CTG is an information technology (IT) solutions and staffing company with operations in North America and Europe. CTG provides IT services to its clients, which includes IT Solutions and IT Staffing. CTG was founded in 1966 and is based in Amherst, New York.

DEAL STATS #
Overall 4 of 4
Sector: Information Technology M&A 4 of 4
Type: Add-on Acquisition M&A Deals 4 of 4
State: Texas M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-03 Tech-IT PSF S.A.

Bertrange, Luxembourg

Tech-IT PSF S.A. is an IT solutions provider and integrator with high added value. Tech-IT was formed in 2007 and is based in Bertrange, Luxembourg.

Buy $10M
Mergr

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