CGI - M&A Summary and Business Overview

Information ServicesCompany

CGI M&A Summary

CGI has acquired 22 companies, including 15 in the last 5 years. A total of 1 acquisition came from private equity firms.

CGI’s largest acquisition to date was in 2019, when it acquired Acando AB for $511M. CGI has acquired in 10 different US states, and 8 countries. The Company’s most targeted sectors include information technology (55%) and business services (32%).

CGI Business Overview

Where is CGI headquartered?

CGI is headquartered in Montreal, Quebec.

What is CGI’s revenue?

CGI disclosed revenue of 14,296M CAD for 2023 and 12,867M CAD for 2022.

How many employees does CGI have?

CGI has 90,000 employees.

What sector is CGI in?

CGI is an information services company.

When was CGI founded?

CGI was founded in 1976.

M&A Summary

  • M&A Total Activity22
    • M&A Buy Activity22
  • Total Sectors Invested 5
  • Total Countries Invested 8
  • M&A Buy/Sell Connections 3
  • M&A Advisors 2

CGI

CGI Inc.

1350 Rene-Levesque Boulevard West 15th Floor,
Montreal, Quebec H3G 1T4
Canada,
(514) 841-3200
www.cgi.com

CGI business consulting. Systems integration.IT outsourcing services. CGI was incorporated in 1976 and is based in Montreal, Canada.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (2.4/yr) # 10 1 6 2 1 2 22
vol $535M $349M $885M
Sell (0.0/yr) # - - - - - - 0
  22

Most Recent M&A

Company Date Value Type
Aeyon 2024-09-13 - Add-on Acquisition
Vienna, Virginia · www.aeyon.us
Celero Solutions, Inc. 2024-07-04 - Add-on Acquisition
Calgary, Alberta · www.celero.ca
Momentum Consulting 2023-10-11 - Add-on Acquisition
Miami Lakes, Florida · www.momentumcc.com
Groupe Harwell Management 2022-04-27 - Add-on Acquisition
Paris, France · www.harwell-management.com
Umanis 2022-03-11 349M EUR Add-on Acquisition
Paris, France · www.umanis.com
Unico Computer Systems Pty Ltd 2021-12-06 - Add-on Acquisition
Melbourne, Australia · www.unico.com.au
Grupo CMC 2021-10-20 - Add-on Acquisition
Madrid, Spain · www.grupocmc.es
Cognicase Management Consulting SL 2021-10-20 - Add-on Acquisition
Madrid, Spain
Array Holding Co. Inc. 2021-10-04 - Add-on Acquisition
, United States
Sense Corp. 2021-04-28 - Add-on Acquisition
Austin, Texas · www.sensecorp.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Information Technology 12 (55%) 349M (39%) - -
Business Services 7 (32%) 511M (58%) - -
Defense 1 (5%) - - -
Information Services 1 (5%) 24M (3%) - -
Software 1 (5%) - - -
Total 22 $885M - -

By Geo

State/Country Buy Value Sell Value
United States 11 24M - -
  Virginia 2 - - -
  Washington 1 24M - -
  Texas 1 - - -
  Pennsylvania 1 - - -
  Ohio 1 - - -
  New Jersey 1 - - -
  Massachusetts 1 - - -
  Florida 1 - - -
  California 1 - - -
France 3 349M - -
Canada 2 - - -
  Quebec 1 - - -
  Alberta 1 - - -
Spain 2 - - -
Australia 1 - - -
Germany 1 - - -
Sweden 1 511M - -
United Kingdom 1 - - -
Domestic 2 (9%) - - -
Cross-border 20 (91%) 885M (100%) - -
Total 22 $885M - -

Top M&A Advisors

Financial Deals
Societe Generale Corporate & Investment Banking
 1
Legal Deals
Bredin Prat
 1

Deal Values

buy # Total
$100M to $1B 2 $861M
< $100M 1 $24M
TOTAL $885M
Largest Acando AB
$511M (2019-03-11)

M&A Connections

Deals
Acquired from
Investor(s)
5%
1 (5%)
Strategic(s)
9%
2 (9%)

Company Summary

SECTOR

Information Services

Revenue

14,296   12% 2023
12,867   7% 2022
12,127   1% 2021
12,164   1% 2020
12,111   6% 2019
11,507   7% 2018
10,845   2% 2017
10,683   4% 2016
10,287   3% 2015
10,500   5% 2014
10,085   2013
(millions of CAD) Show More Show Less

Employees

90,000

Established

1976

Public

NYSE: GIB

Former Name

CGI Group, Inc.

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