JEGI Represents Digital Strategy & Experience Design Firm NavigationArts in Sale to EPAM Systems
New York, NY, July 13, 2015 – EPAM Systems, Inc. (NYSE:EPAM), a leading global provider of product development and software engineering solutions, announced today its acquisition of NavigationArts, a digital strategy and experience design firm. The acquisition will enhance EPAM’s ability to provide digital consulting, architecture and content solutions to customers in North America and beyond.
The Jordan, Edmiston Group, Inc. (www.jegi.com), the leading independent investment bank for the global media, information, marketing, software and tech-enabled services sectors, headquartered in New York, NY, represented NavigationArts in this transaction.
Headquartered in McLean, VA, NavigationArts combines business and customer experience consulting with a strong content management systems practice to lead digital initiatives for marquee clients, including Ernst & Young, Marriot International, General Dynamics, Time Warner Cable, and Mary Kay Inc. With locations in New York, Boston and Philadelphia, NavigationArts has a strong northeast regional presence.
“Experience platforms have become the backbone of our customers’ multi-channel engagement strategies,” said Arkadiy Dobkin, EPAM CEO and President. “The expertise of NavigationArts in architecting and deploying Adobe, Sitecore and Drupal-based solutions, combined with their proven ability to act as a strategic advisor to Fortune 500 clients, makes them an exciting addition to our fast-growing Digital Engagement practice.”
“While NavigationArts has been very successful helping our clients transform in the face of digital disruption,” commented Leo Mullen, CEO and co-founder of NavigationArts, “we always knew we could provide more value if we were part of a larger entity. Joining EPAM allows us to offer a much broader array of services and solve even more complex and technically sophisticated challenges that face our clients.”
About NavigationArts
Headquartered in McLean, VA, NavigationArts is a full-service Web consultancy specializing in Web strategy, user experience design, and technology. NavigationArts combines business and customer experience consulting with a strong content management systems practice to lead digital initiatives for marquee clients, including Ernst & Young, Marriot International, General Dynamics, Time Warner Cable, and Mary Kay Inc. With locations in New York, Boston and Philadelphia, NavigationArts has a strong northeast regional presence. For more information, visit www.navigationarts.com.
About 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 over 20 countries across North America, Europe, Asia and Australia. EPAM was ranked #6 in America’s 25 Fastest-Growing Tech Companies and #3 in America’s Best Small Companies lists by Forbes Magazine. For more information, visit www.epam.com.
About The Jordan, Edmiston Group, Inc.
The Jordan, Edmiston Group, Inc. (JEGI) has been the leading independent investment bank for the global media, information, marketing, software and tech-enabled services sectors for nearly 28 years. Headquartered in New York, with offices in Boston and Atlanta, as well as affiliates in London and India, JEGI has completed over 500 high‐profile M&A transactions, serving global corporations; middle‐market and emerging companies; entrepreneurial owners and founders; and private equity and venture capital firms. For more information, visit www.jegi.com.
“Years ago, I had the chance to watch Michael Jordan play in a championship game in Chicago. It was equal parts graceful, powerful and astonishing – a performance unlike any I had ever seen. I feel much the same way about the JEGI team. You were strong strategically and tactically, as well as persistent and understanding. Somehow, JEGI made it look easy, which I know it wasn’t.”
– Leo Mullen, CEO, NavigationArts