Announced

Completed

ChaSerg Technology completed the merger with Grid Dynamics in a $465m deal.

Synopsis

ChaSerg Technology, a special purpose acquisition company, completed the merger with Grid Dynamics, an enterprise-level digital transformation company, in a $465m deal. “This is a tremendous milestone for Grid Dynamics and a testament to the hard work and dedication of our global team. We would especially like to thank ChaSerg for their partnership and many contributions to our success. We are excited to move forward together with our new board of directors and investors as we continue to execute on Grid Dynamics’ growth plan as a public company. With Grid Dynamics’ strong foundation in digital transformation and vision for growth, we see significant opportunities for long-term value creation,” Leonard Livschitz, Grid Dynamics CEO.

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