Cegeka successfully completes the tender offer for Computer Task Group, Incorporated
Cegeka, a leading European provider of ICT solutions and services, present in Romania, announces that has successfully completed its tender offer to purchase Computer Task Group, Incorporated (“CTG”). CTG is a leader in North America and Western Europe, helping companies employ digital IT solutions and services to drive their productivity and profitability.
The transaction aligns with Cegeka’s long-term strategic vision for growth and ambition.
“This transaction is a logical next step in Cegeka’s continuous growth journey. By joining forces with CTG, we are creating a powerful IT player with a portfolio of integrated end-to-end solutions, supported by a strong Global Delivery Center Network and innovative technologies, transforming from a European to a global organization. Together, we will have operations in 19 countries and employ over 9,000 IT professionals,” said Stijn Bijnens, CEO of Cegeka.
“This merger enables both the customers and employees of CTG and Cegeka to grow forward together. On behalf of all Cegeka teams, we welcome the employees of CTG across the Americas, Colombia, Europe, and India to the Cegeka family,” said André Knaepen, Chairman of the Board of Directors of Cegeka. Mr. Bijnens continued: “We will take the time necessary to finish developing and executing a thoughtful and well-communicated integration plan with the well-being of our customers and employees of top consideration. In 2024, we’ll focus on establishing the fundamentals necessary to drive our evolution into a powerful and integrated company in 2025. “
“The acquisition of CTG marks a strategic decision for Cegeka Group, making us a strong global player in the IT industry. We are excited to explore this new phase, building together a future full of innovation and success internationally”, said Ovidiu Pinghioiu, Country Director Cegeka Romania.
About Cegeka
Cegeka is a family-owned ICT solutions provider in Europe. It was founded in 1992 by André Knaepen, who is currently Chairman of the Board. CEO Stijn Bijnens runs the company from its headquarters in Hasselt, Belgium. Cegeka currently employs more than 6,000 people with offices in the Benelux, Germany, Austria, Romania, Moldova, Italy, Czech Republic, Slovakia, Sweden and Greece.
Cegeka has been present on the Romanian market since 2012 and employs around 900 people providing end-to-end application development, IT team expansion, cloud services, IT infrastructure, data and automation services such as Artificial Intelligence/Machine Learning, Business Intelligence, RPA, IoT and DevOps. Cegeka helps clients stay relevant in the digital environment beyond digitization and cloud migration by delivering solutions that impact clients’ businesses.
About CTG
CTG is a leading provider of digital transformation solutions and services that accelerate clients’ project momentum and achievement of their desired IT and business outcomes. They have earned a reputation as a faster, more reliable, results-driven partner focused on integrating digital technology into all areas of its clients to improve their operations and increase their value proposition. CTG’s engagement in the digital transformation process drives improved data-driven decision-making, meaningful business performance improvements, new and enhanced customer experiences, and continuous innovation.