DLA Piper advised the underwriters, led by J.P. Morgan Securities LLC, William Blair & Company, L.L.C. and TD Securities (USA) LLC, on a $108 million underwritten offering of common stock for Grid Dynamics Holdings Inc., a global digital engineering company specialized in technology consulting, platform and product engineering, AI, and digital engagement services. J.P. Morgan Securities LLC, William Blair & Company, L.L.C. and TD Securities (USA) LLC served as joint book-running managers and Needham & Company, LLC served as co-manager.
“It was truly an honor to work with these institutions and bring together the capabilities and resources of our firm to help our clients and the company execute a successful offering,” said Chris Paci, the DLA Piper partner who led the transaction for the firm.
Alongside Paci (New York) and Zach Altman (Boston), the core deal team included associates Andrew Wolfe, Alexander Grynszpan, Jasmine Judge and Bethany Weitzman (all New York). The team received support from partners Jennifer Kashatus, Melanie Garcia and Nicholas Klein (all Washington, DC), Bill Bartow (Philadelphia) and Danny Tobey (Dallas); of counsels Sean Fulton (Dallas) and Christie Lehr (Raleigh); and associates Kylie Au (Los Angeles) and John Wei (Boston).
DLA Piper’s global capital markets team represents issuers and underwriters in registered and unregistered equity, equity-linked and debt capital markets transactions, including initial public offerings, follow-on equity offerings, equity-linked securities offerings, and offerings of investments grade and high-yield debt securities.