Cegeka Acquires Computer Task Group (CTG) for $10.50 per Share

Curtiss-Wright Acquires Tactical Communications Group (TCG) for $50M

March 18, 2019

Aerospace & Defense

Curtiss-Wright Corporation has completed the acquisition of Tactical Communications Group (TCG), LLC for $50 million in cash. TCG, headquartered in Tewksbury, Massachusetts, is a provider of tactical data link software and simulation solutions for military communications and will operate within Curtiss-Wright’s Defense segment to enhance its flight test instrumentation and tactical data link capabilities.

Novacap Partners with Communications Tower Group (CTG)

July 31, 2024

Telecommunications

Novacap, a North American private equity firm, announced a partnership with Communications Tower Group I LLC (CTG), making CTG the third portfolio company within Novacap's Digital Infrastructure platform. CTG, headquartered in Charlotte, North Carolina and founded in 2015, is a developer and operator of communications tower infrastructure focused on supporting wireless network deployments including 5G.

CTG Acquires Eleviant Tech to Expand Digital Transformation and SaaS Capabilities

September 29, 2022

IT Services

CTG (Nasdaq: CTG) has acquired Eleviant Tech, a Dallas-based digital transformation firm, to strengthen CTG’s capabilities in AI/ML, intelligent automation, cloud migration, and SaaS platforms. The acquisition adds approximately $10 million of annualized revenue, increases CTG’s global delivery capacity with Eleviant teams in Chennai and Coimbatore, India, and is expected to be accretive to operating results.

Randstad NV Acquires Grupo CTC from Portobello Capital

July 20, 2023

Staffing & HR

Randstad NV has signed an agreement to acquire Grupo CTC, a Spanish outsourcing provider of industrial, logistics and sales & marketing services, from Portobello Capital. The deal (enterprise value €80.5 million) expands Randstad’s value-added service capabilities and strengthens its leadership presence in Spain; Grupo CTC generated about €230 million in revenue in 2022 and operates from multiple offices and logistics facilities across Spain and Portugal.

Accenture Acquires Comtech Group

October 26, 2023

Consulting

Accenture has acquired Comtech Group, a Toronto-based consulting and program management firm that supports large infrastructure and capital projects across Canada and the United States. The acquisition (terms undisclosed) expands Accenture’s capital projects and Industry X capabilities in Canada, adding approximately 300 Comtech employees and expertise in construction management, facility and manufacturing engineering, and process control automation.

Abacus Group Acquires Tribeca Technology Group

June 18, 2024

IT Services

Abacus Group, a global managed IT and cybersecurity provider for financial services, has acquired UK-based Tribeca Technology Group to strengthen its presence in the United Kingdom and expand capabilities in the financial MSP market. The deal will allow Abacus to extend its abacusFlex platform and cybersecurity services to Tribeca clients while scaling resources and maintaining continuity of service for existing customers.