Ciklum Acquires CN Group to Expand European Presence

August 31, 2021

Ciklum, a global digital engineering company, has acquired Prague-headquartered CN Group to accelerate growth across the DACH and Scandinavian markets and expand its CEE delivery footprint. The deal adds CN Group's ~360 digital technology specialists to Ciklum's more than 3,500-strong engineering organization; CN Group had previously been supported by private equity partner Genesis Capital.

Buyers
Ciklum
Targets
CN Group
Sellers
Genesis Capital
Industry
IT Services
Location
Prague, Czech Republic
Transaction Type
Buyout

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