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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Sun., Feb. 24, 12:01 AM

Slide #89. CTG, Inc. Tech-IT PSF S.A.

Acquirer: CTG, Inc. (NASDAQ:CTG)
Acquiree: Tech-IT PSF S.A.
Details: CTG, Inc. (NASDAQ: CTG) hereby referred to as "CTG" or the "Company", a leading provider of information technology (IT) solutions and services in North America and Western Europe, today announced the successful completion of CTG's previously announced transaction to acquire Luxembourg-based Tech-IT PSF S.A. ("Tech-IT"), a leading consulting and IT solutions company.

Computer Task Group provides information technology (IT) services. These services include IT Solutions and IT and Other Staffing. Co.'s IT solutions include the implementation and optimization of packaged software applications, the development and deployment of customized software and solutions designed to fit the needs of a specific client or market, and the design and distribution of complex technology components. Co.'s IT and Other Staffing recruits, retains, and manages IT and other talent for its clients, which are primarily technology service providers and other companies with multiple locations and significant need for high-volume external IT, administrative, or other resources.

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Company Name:  Computer Task Group, Inc.
Stock buyback:  CTG buyback
Sector:  Information Technology Services
Number of ETFs Holding CTG:  3
Total Market Value Held by ETFs:  $202466
Total Market Capitalization:  $58.00M
% of Market Cap. Held by ETFs:  0.35%

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February 24, 2019    12:01 AM Eastern
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Strong Buy (4.00 out of 4)
95th percentile
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