Canada Pension Plan Investment Board to Acquire an Approximate 48 Percent Stake in GlobalLogic Inc. from Apax Funds
Summary
GlobalLogic’s clients represent well-known global brands across multiple industry verticals and the company has experienced significant revenue growth over the past three years. Creating these types of products requires advanced skill-sets, as well as large development teams to build and support these solutions that truly accelerate digital innovation for customers. “In the past three years with Apax, we’ve enjoyed a 20%+ compound annual growth rate (CAGR), consistently outperforming the broader product engineering services (PES) market,” said Shashank Samant, CEO, GlobalLogic. We expertly integrate design, complex engineering, and agile delivery capabilities to deliver superior business outcomes for global brands. Headquartered in Silicon Valley, GlobalLogic operates design studios and engineering centers around the world, extending the benefits of our true global presence to customers in telecom, automotive, healthcare, technology, media and entertainment, manufacturing, and semiconductor industries.