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Acquisition will accelerate CGI's UK-wide
expansion, deepening the firm's presence across key commercial
industry sectors as well as public sector
LONDON, Jan. 29,
2025 /PRNewswire/ - CGI (NYSE: GIB) (TSX: GIB.A)
today announced the signature of a share purchase agreement on
January 29, 2025, to acquire BJSS, a
UK-based technology and engineering consultancy known for its
innovative IT solutions, software engineering expertise and
delivery excellence. The transaction is subject to regulatory
approvals and other customary closing conditions and is expected to
close in February 2025.
More than 2,400 highly skilled consultants and professionals
will join CGI, deepening the company's operations across the UK in
key industry sectors such as retail, health, government, financial
services and energy & utilities.
Founded in 1993, BJSS is one of the UK's largest independent IT
and software engineering consultancies. The company partners with
clients to deliver large-scale high-quality software systems and
address complex technology challenges through services such as
technology strategy and delivery, customer experience design,
managed services, software engineering, artificial intelligence
(AI), data and insights, cloud and platform solutions, and
cybersecurity services.
"BJSS has a well-earned reputation for delivering exceptional
value to its clients, driven by technical excellence and innovative
thinking," said Tara McGeehan,
President of CGI's UK and Australia operations. "By joining forces, we
will strengthen our ability to help clients across the private and
public sectors achieve measurable outcomes, such as driving
efficiencies, improving customer experiences and generating
business growth."
McGeehan added, "Our companies share a strong cultural alignment
and pride in helping clients solve complex challenges to deliver
value. BJSS employees will benefit from CGI's ownership culture,
which empowers all employees to become company owners and actively
shape our future direction, whilst providing an enjoyable and
collaborative working environment where they can fulfil their
career potential."
Glynn Robinson, BJSS Chairman
commented: "Joining CGI represents an exciting new chapter for
BJSS. Both CGI and BJSS share a commitment to sustainability,
employee engagement and long-term client relationships. Together,
we can leverage our complementary strengths to deliver even greater
value for our clients while creating new opportunities for our
talented team."
Upon successful completion of the acquisition, CGI will have
operations across 26 locations in the UK, enabling our consultants
to partner with clients through a proximity-based model, while
drawing on the support of the company's broad international
presence and wide range of services to deliver value.
About CGI
Founded in 1976, CGI is among the largest independent IT and
business consulting services firms in the world. With 91,000
consultants and professionals across the globe, CGI delivers an
end-to-end portfolio of capabilities, from strategic IT and
business consulting to systems integration, managed IT and business
process services and intellectual property solutions. CGI works
with clients through a local relationship model complemented by a
global delivery network that helps clients digitally transform
their organizations and accelerate results. CGI Fiscal 2024
reported revenue is CA$14.68 billion and CGI shares are listed on
the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.
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content:https://www.prnewswire.com/news-releases/cgi-enters-into-an-agreement-for-the-acquisition-of-bjss-a-leading-uk-technology-and-engineering-consultancy-302362882.html
SOURCE CGI Inc.
