Swiss Partners Group buys stock worth $1 billion in one of Ukraine’s largest IT companies

Swiss Partners Group buys stock worth $1 billion in one of Ukraine’s largest IT companies

The Swiss company Partners Group announced it had acquired 48% of GlobalLogic share

Partners Group, a Swiss investment company, has bought shares in international GlobalLogic, one of the three most profitable Ukrainian tech firms, and one the biggest employers in Ukraine’s tech sector.

The Swiss company announced on May 23 it had acquired 48% of GlobalLogic shares, which, given the company’s market capitalization ($2 billion), means the deal cost about $1 billion.

“Partners Group has a long and successful track record of working with high-growth companies, and we are very pleased to have an investor that understands our business and shares our vision of building an even stronger company,”  Shashank Samant, GlobalLogic’s CEO on May 23.

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