CGI Inc. count the U.S. as one of their biggest clients, including cabinet-level federal agencies and military branches
CGI will add more than 3,500 consultants to its 91,000-person global workforce once the deals close. No financial details were provided.
“We have a lot of space for other ones, including transformational acquisitions,” CGI chief executive Francois Boulanger said in a conference call with analysts.
He added that market pressures in the systems integration consulting business are pushing some targets “to think more” about selling, and competition from private equity firms has slowed down.
The company had $1.8 billion in cash and cash equivalents as of the end of 2024.
One of CGI’s major clients is the United States government, including “nearly every cabinet-level federal agency, military branch and other federal entities,” according to its website.
“They will need to bring automation, AI and new systems to be capable of reducing some of these costs,” Boulanger said.
Last year, the firm acquired Aeyon in the U.S. and the credit union business of Celero in Canada.