M&A Deal Summary

CGI Acquires Codesic

On May 4, 2007, CGI acquired information services company Codesic for 24M USD

Acquisition Highlights
  • This is CGI’s 1st transaction in the Information Services sector.
  • This is CGI’s 3rd largest (disclosed) transaction.
  • This is CGI’s 1st transaction in the United States.
  • This is CGI’s 1st transaction in Washington.

M&A Deal Summary
Date 2007-05-04
Target Codesic
Sector Information Services
Buyer(s) CGI
Deal Type Add-on Acquisition
Deal Value 24M USD
Advisor(s) Alexander Hutton, Inc. (Financial)

Target

Codesic

Kirkland, Washington, United States
Codesic Consulting, an information technology services firm.

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Buyer(S) 1

Buyer

CGI

Montreal, Quebec, Canada
Category Company
Founded 1976
Sector Information Services
Employees90,000
Revenue 14.3B CAD (2023)
DESCRIPTION

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

DEAL STATS #
Overall 1 of 22
Sector (Information Services) 1 of 1
Type (Add-on Acquisition) 1 of 21
State (Washington) 1 of 1
Country (United States) 1 of 11
Year (2007) 1 of 1
Size (of disclosed) 3 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-16 Stanley

Arlington, Virginia, United States

Stanley, Inc. provides information technology services and solutions to the United States defense, intelligence, and federal civilian government agencies.

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