Covington Associates Announces Advisory Role in Sale of Grid Dynamics International, Inc. to Automated Systems Holdings Limited

April 7, 2017 (Boston, MA) – Covington Associates LLC, a leading middle market investment bank announced its role as exclusive advisor to Grid Dynamics International, Inc., a provider of scalable, next-generation technology solutions, on the sale of its business to Automated Systems Holdings Limited (ASL) (HKSE: 771), a Hong Kong based IT services leader in system integration, hardware, software and support services. ASL is a subsidiary of Beijing Teamsun Technology Co., Ltd (Teamsun), the leading IT service provider in China (SHSE: 600410). >Press Release


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