Cegeka Acquires CTG 2023

TLDR

Cegeka acquired Computer Task Group (CTG) for approximately $170M in December 2023, significantly expanding its IT services scale.

Overview

Computer Task Group (CTG) is a US-listed IT staffing and solutions company operating across North America and Europe. Cegeka's acquisition of CTG in December 2023 was a major step in the Belgian IT services group's international expansion strategy.

The approximately $170M deal gave Cegeka access to CTG's client base, particularly in North America, and added thousands of IT professionals to its workforce. The acquisition expanded Cegeka's geographic footprint well beyond its Belgian and European core.