Cegeka to acquire CTG for approximately $170m.

Cegeka, a European family-owned IT company, agreed to acquire CTG, an American multinational company that provides information technology staffing, for approximately $170m. “We are excited to enter into this transaction with Cegeka, which is a testament to the significant efforts we have undertaken to drive our transformation strategy to make CTG a pure-play digital IT solutions provider. At CTG, our mission is to drive better, faster results for our customers with high-value digital transformation solutions. In Cegeka, we are pleased to have found a partner that will enable us to accelerate this important work. We are confident that joining with Cegeka is in the best interest of our employees, will continue to drive the high-value services and solutions our customers have come to expect, and will deliver immediate value to our shareholders,” Filip Gydé, CTG President and CEO.