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New Deal


Announced

Completed

GlobalLogic acquired Skookum.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Digital Services

Majority

Completed

United States

Private

Acquisition

Friendly

digital strategy

Single Bidder

Synopsis

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GlobalLogic, a leader in digital product engineering, acquired Skookum, a digital strategy, design and development firm headquartered in Charlotte, North Carolina. Financial terms were not disclosed. Skookum’s core offerings directly complement GlobalLogic’s existing portfolio of services, composed of complex software engineering, and strategic design capabilities used to drive cross-industry digital transformation. Further, the purchase strengthens GlobalLogic’s position in desirable technology hubs in the eastern and western US geographies—improving proximity to clients and increasing access to local talent.

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