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M&A Deal Summary

CGI Acquires Online

On December 3, 2025, CGI acquired information technology company Online

Acquisition Highlights
  • This is CGI’s 19th transaction in the Information Technology sector.
  • This is CGI’s 4th transaction in Canada.
  • This is CGI’s 1st transaction in Manitoba.

M&A Deal Summary
Date 2025-12-03
Target Online
Sector Information Technology
Buyer(s) CGI
Deal Type Add-on Acquisition

Target

Online

Winnipeg, Manitoba, Canada
Online is an IT consulting and services firm offering digital-transformation, cybersecurity, cloud, customer experience, contact-centre, and IT service-management solutions to enterprise clients. Online was founded in 1986 and is based in Winnipeg, Manitoba.

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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 29 of 29
Sector: Information Technology M&A 19 of 19
Type: Add-on Acquisition M&A Deals 26 of 26
State: Manitoba M&A 1 of 1
Country: Canada M&A 4 of 4
Year: 2025 M&A 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-10-22 Comarch Polska

Krakow, Poland

Comarch Polska specializes in IT solutions for public administration. Comarch Polska is based in Krakow, Poland.

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