M&A Deal Summary

CGI Acquires Cognicase Management Consulting

On October 20, 2021, CGI acquired business services company Cognicase Management Consulting

Acquisition Highlights
  • This is CGI’s 6th transaction in the Business Services sector.
  • This is CGI’s 2nd transaction in Spain.

M&A Deal Summary

Date 2021-10-20
Target Cognicase Management Consulting
Sector Business Services
Buyer(s) CGI
Deal Type Add-on Acquisition

Target

Cognicase Management Consulting

Madrid, Spain
Cognicase Management Consulting is a provider of technology and management consulting services and solutions. Cognicase Management Consulting was founded in 1993 and is based in Madrid, Spain.

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Buyer(S) 1

Buyer

CGI

Montreal, Quebec, Canada

Category Company
Founded 1976
Sector Information Technology
Employees93,000
Revenue 14.7B CAD (2024)
DESCRIPTION

CGI is an independent IT and business consulting services firm. CGI was incorporated in 1976 and is based in Montreal, Quebec.


DEAL STATS #
Overall 16 of 29
Sector: Business Services M&A 6 of 7
Type: Add-on Acquisition M&A Deals 15 of 26
Country: Spain M&A 2 of 2
Year: 2021 M&A 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-20 CMC

Madrid, Spain

CMC is a provider of technology and management consulting services and solutions. CMC delivers high-value digital services to a majority of the IBEX 35’s companies and serves large clients across all industries. CMC operates through a strong metro market footprint supported by delivery centers serving clients in Spain, Italy, Portugal, Colombia, and Mexico. Over the years, CMC has served as a digital partner of choice through its end-to-end services portfolio and its solid ecosystem of technology partners. CMC was founded in 1993 and is based in Madrid, Spain.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-06 Unico

Melbourne, Australia

Unico is a technology consultant and systems integrator that drives business transformation through innovation. Unico software engineers and technology specialists combine deep systems integration experience with industry-leading platform development skills. Unico was founded in 1984 and is based in Melbourne, Australia.

Buy -