CGI (TSX: GIB.A) (NYSE: GIB), a Montreal, Quebec-based impartial IT and enterprise consulting providers agency, acquired Apside, a Boulogne-Billancourt, France-based digital and engineering providers agency.
The quantity of the deal was not disclosed. The proposed transaction is topic to regulatory approvals and different customary closing situations, in addition to the prior data and session of the related worker consultant our bodies. Topic to receiving all required regulatory approvals and completion of the session procedures, the deal is predicted to shut in June 2025.
The settlement was signed with Apside’s primary shareholders, Siparex and investments firms of Crédit Agricole Group.
With the acquisition, CGI will broaden its choices.
Led by Valérie Lafdal, Apside is a digital and engineering providers agency that makes a speciality of manufacturing, monetary providers, insurance coverage and mutual medical health insurance providers and public sector. With a broad know-how experience in areas comparable to information, AI, cloud and cybersecurity, the agency serves greater than 300 shoppers worldwide and has operations throughout 28 places of work in six nations. Upon closing, greater than 2,500 professionals would be a part of CGI, deepening the corporate’s native presence in France in addition to in Canada, Portugal, Belgium, Morocco and Switzerland.
Based in 1976, CGI is a big impartial IT and enterprise consulting providers agency with 91,000 consultants and professionals throughout the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and enterprise consulting to programs integration, managed IT and enterprise course of providers and mental property options. CGI works with shoppers by way of a neighborhood relationship mannequin complemented by a world supply community that helps shoppers digitally rework their organizations and speed up outcomes. CGI Fiscal 2024 reported income is CA$14.68 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB).
FinSMEs
01/04/2025
