March 2020
Lev
CG Petsky Prunier Advises Lev on Its Pending Sale to Cognizant (Nasdaq: CTSH)
CG Petsky Prunier is pleased to announce that it has advised Lev on its pending sale to Cognizant (Nasdaq: CTSH), one of the world’s leading professional services companies, transforming clients’ business, operating and technology models for the digital era. Lev was previously a portfolio company of Inoca Capital Partners.
Lev is a marketing-focused Salesforce Platinum consultancy that delivers highly creative customer engagement solutions. Lev uses the Salesforce Marketing Cloud to help businesses simplify and modernize their marketing campaigns, connect with customers and drive revenue. Lev specializes in custom cloud solutions that equip marketers to use automation, personal preferences and data to forge stronger customer connections through personalized experiences. Lev provides strategy consulting, architecture design, technical optimization and application integration services. Clients include major brands in health and life sciences, entertainment, retail, financial services, and hospitality, among other industries.
Lev was named to the 2019 Inc. 5000, an annual list of the fastest-growing private companies in the U.S., and in 2018, as one of Consulting Magazine’s “Seven Small Jewels.” Headquartered in Indianapolis, Ind., Lev has a second office in Chandler, Ariz., and remote employees around the country. The company was founded in 2006 as Levementum.
Cognizant is one of the world’s leading professional services companies, transforming clients’ business, operating and technology models for the digital era. Cognizant’s unique industry-based, consultative approach helps clients envision, build and run more innovative and efficient businesses. Headquartered in the U.S., Cognizant is ranked 193 on the Fortune 500 and is consistently listed among the most admired companies in the world.
The acquisition of Lev will further expand Cognizant’s Salesforce practice and is expected to close in the first quarter of 2020, subject to satisfaction of certain closing conditions. Financial details were not disclosed.