Canada Pension Plan Investment Board to Acquire an Approximate 48 Percent Stake in GlobalLogic Inc. from Apax Funds


Toronto, Ontario and San Jose, California – January 11, 2017 – Canada Pension Plan Investment Board (“CPPIB”) and Apax Partners LLP (“Apax”) announced today that CPPIB has signed a definitive agreement to acquire an approximate 48 percent stake in GlobalLogic Inc., a global leader in digital product development services, from funds advised by Apax. Apax funds will retain an equal stake to CPPIB in the company.