Computer Task Group, Incorporated (NasdaqGS:CTG) acquired Eleviant Technologies, Inc. for $23.6 million on September 29, 2022. The consideration is segregated in approximately $17.4 million in cash and the remainder of which was paid in CTG common stock equal to approximately $1.2 million and an Earnout of $5 million. The Initial Purchase Price is subject to adjustment. PALAZZO LLC acted as financial advisor.

Computer Task Group, Incorporated (NasdaqGS:CTG) completed the acquisition of Eleviant Technologies, Inc. on September 29, 2022.