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M&A Deal Summary

CGI Acquires HMB - Professional Services Division

On January 6, 2021, CGI acquired business services company HMB - Professional Services Division from HMB

Acquisition Highlights
  • This is CGI’s 4th transaction in the Business Services sector.
  • This is CGI’s 7th transaction in the United States.
  • This is CGI’s 1st transaction in Ohio.

M&A Deal Summary
Date 2021-01-06
Target HMB - Professional Services Division
Sector Business Services
Buyer(s) CGI
Sellers(s) HMB
Deal Type Divestiture

Target

HMB - Professional Services Division

Columbus, Ohio, United States
HMB’s Professional Services Division provides high-end technology consulting and services for commercial and government clients.

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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 12 of 29
Sector: Business Services M&A 4 of 7
Type: Divestiture M&A Deals 1 of 2
State: Ohio M&A 1 of 1
Country: United States M&A 7 of 12
Year: 2021 M&A 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-20 Meti Logiciels Et Services SAS

Larmor-Plage, France

Meti Logiciels Et Services SAS is a provider of integrated business solutions and consulting services for the retail sector, Meti works with Europe's largest retailers, providing solutions across thousands of stores, warehouses and merchant locations for clients in 20 countries. Meti Logiciels Et Services is based in Larmor-Plage, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-28 Sense

Austin, Texas, United States

Sense is a professional services firm focused on digital systems integration and consulting for state and local government and commercial clients. Sense was founded in 1996 is based in Austin, Texas.

Buy -

Seller(S) 1

SELLER

HMB

Columbus, Ohio, United States
Category Company
Founded 1994
Sector Information Technology
DESCRIPTION

HMB, Inc. is a business technology services firm. HMB develops custom IT solutions to help solve your challenges and meet your goals quickly and efficiently.

DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Ohio M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-30 Syscom Services

Silver Spring, Maryland, United States

Syscom Services, Inc. is a provider of technologies from enterprise information management systems to data capture to advanced fax technology to address these problems for clients of all sizes

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