M&A

CGI makes deal to bolster digital chops

CGI Group has acquired a Boston-based business in a move that adds more capabilities to its digital technology and information management systems capabilities.

Collaborative Consulting has $76 million in annual revenue about 400 employees. Financial terms of the all cash deal were not disclosed.

Collaborative will become part of CGI Technologies and Solutions Inc., CGI’s U.S. based business.

“This combination is consistent with CGI’s well-articulated Build and Buy strategy to invest in both transformational and niche acquisitions that will spur future growth and expand coverage in targeted metro markets,” said George D. Schindler, president and CEO of CGI.

Collaborative adds to CGI’s footprint in Boston and the Northeast.

The company has several customers in the state and local market among labor, education and transportation related agencies. The company’s capabilities are focused on data analytics and digital platforms.

The company brings skills in what CGI said were high growth areas around improving usability, functionality and performance of digital platforms and information systems.

About the Author

Nick Wakeman is the editor-in-chief of Washington Technology. Follow him on Twitter: @nick_wakeman.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close

Trending

  • POWER TRAINING: How to engage your customers

    Don't miss our July 12 Washington Technology Power Training session on Mastering Stakeholder Engagement, where you'll learned the critical skills you need to more fully connect with your customers and win more business. Read More

  • PROJECT 38 PODCAST

    In our latest Project 38 Podcast, editor Nick Wakeman and senior staff writer Ross Wilkers discuss the major news events so far in 2019 and what major trends are on the horizon. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.