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  6. CGI Acquires Momentum Technologies

M&A Deal Summary

CGI Acquires Momentum Technologies

On March 25, 2025, CGI acquired information technology company Momentum Technologies

Acquisition Highlights
  • This is CGI’s 16th transaction in the Information Technology sector.
  • This is CGI’s 3rd transaction in Canada.
  • This is CGI’s 2nd transaction in Quebec.

M&A Deal Summary
Date 2025-03-25
Target Momentum Technologies
Sector Information Technology
Buyer(s) CGI
Deal Type Add-on Acquisition

Target

Momentum Technologies

Québec, Quebec, Canada
Momentum Technologies is an IT consulting services company, specializing in data analytics and business intelligence. The company also specializes in managed services, cloud computing, and enterprise software development, empowering organizations with scalable, secure, and customized technology solutions. Momentum Technologies was formed in 2003 and is based in Québec City.

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Buyer(S) 1

Buyer

CGI

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

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

DEAL STATS #
Overall 26 of 27
Sector (Information Technology) 16 of 17
Type (Add-on Acquisition) 24 of 25
State (Quebec) 2 of 2
Country (Canada) 3 of 3
Year (2025) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-30 Novatec

Leinfelden-Echterdingen, Germany

Novatec is an IT services firm specializing in agile software engineering, digital products, and strategic business & IT consulting services. Novatec was formed in 1996 and is based in Leinfelden-Echterdingen, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-03-31 Apside

Boulogne Billancourt, France

Apside engages in technological and industrial engineering, particularly for the aeronautics, space, defense, and automotive sectors; engineering of information systems and digital solutions for the banking/finance/insurance and telecom sectors; and outsourcing for large tertiary accounts. Apside was founded in 1976 and is based in Billancourt, France.

Buy -
Mergr

Product

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