Menu People

GP Bullhound advises Great Fridays on its sale to EPAM (NYSE:EPAM)

London, 12 November 2014 – GP Bullhound, the international technology investment bank, acted as the exclusive financial advisor to Great Fridays, a product and service design group, on its sale to EPAM (NYSE:EPAM. Market Cap. $2.2bn), a leading provider of product development and software engineering solutions.
 
Headquartered in Manchester, UK, with studios in London, San Francisco and New York, Great Fridays focuses on bridging the gap between business and design. Through its design-focused thinking, Great Fridays has helped companies such as Sonos, Pearson, MasterCard and Vodafone, create not only beautiful products and services but also smart new business practices that deliver lasting commercial value and business transformation.
 
Tiff Pike, CFO at Great Fridays commented: “GP Bullhound have been a great advisor, working with us to position the company for the next phase of our journey. They were instrumental in introducing us to a partner who can help us realise our full potential and in structuring a transaction that worked for all parties. GP Bullhound’s deep sector knowledge, global network and strong advisory experience proved invaluable in this process.”
 
“The combination of Great Fridays and EPAM, who are both recognized leaders in their respective fields, will create a powerful force in the design sector.” said GP Bullhound Partner Alec Dafferner.
 
This represents the completion of GP Bullhound’s 26th transaction in 2014 and further highlights the firm’s commitment to working with category leaders in the Design Services sector.

Enquiries
For enquiries, please contact: Manish Madhvani, Managing Partner manish.madhvani@gpbullhound.com, or Alec Dafferner, Partner alec.dafferner@gpbullhound.com

GP Bullhound
As dealmakers in technology, GP Bullhound provides independent strategic advice on mergers and acquisitions and private placements to entrepreneurs, companies and investors. By combining a true passion for innovation with great access to global buyers and capital across Europe, US and Asia, GP Bullhound has completed transactions for many category leaders, recently selling Fetch to Dentsu Aegis, Flowfact to ImmobilienScout24, Textlocal to IMImobile, Pingdom to SolarWinds, Cambridge Technology Partners to Atos, Pozitron to Monitise, Tunigo to Spotify, and Fjord to Accenture.
The firm was founded in London in 1999.

EPAM Systems
Established in 1993, EPAM Systems, Inc. (NYSE: EPAM) is recognized as a leader in software product development by independent research agencies. Headquartered in the United States, EPAM serves clients worldwide utilizing its award-winning global delivery platform and its locations in 19 countries across North America, Europe, Asia and Australia. EPAM was ranked #6 in 2013 America’s 25 Fastest-Growing Tech Companies and #3 in 2014 America’s Best Small Companies lists by Forbes Magazine.
For more information, please visit www.epam.com

Great Fridays
Established in 2008, Great Fridays is a product and service design group, specialising in the design and implementation of strategies that help clients maximise success across all of their customer channels: digital, physical and human interactions. The company’s headquarters are in Manchester, England, with studios in London, San Francisco and New York.
For more information, please visit www.greatfridays.com