CGI completes acquisition of Apside, a France-based digital and engineering services leader

Rhea-AI Summary

CGI (NYSE: GIB) has completed its acquisition of Apside, a prominent digital and engineering services provider. The strategic acquisition brings over 2,500 professionals to CGI, including nearly 2,200 in France, expanding the company's presence across France, Belgium, Canada, Morocco, Portugal, and Switzerland.

Apside brings significant expertise in manufacturing, finance, insurance, and public sector industries, along with advanced technological capabilities in data, AI, cloud, and cybersecurity. This acquisition strengthens CGI's market position and service capabilities, particularly in manufacturing and financial services sectors.

Positive

• Addition of over 2,500 skilled professionals to CGI's workforce
• Geographic expansion across 6 countries strengthening European and African presence
• Enhanced technological capabilities in data, AI, cloud, and cybersecurity
• Strategic consolidation in key sectors: manufacturing, finance, insurance, and public sector

Negative

• Integration costs and challenges of merging 2,500+ employees
• Potential cultural adaptation challenges across multiple countries

Stock Market Symbols
GIB.A (TSX)
GIB (NYSE)
cgi.com/newsroom

PARIS, Aug. 28, 2025 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, has completed its previously announced acquisition of Apside, a leading provider of digital and engineering services.

Present in France, Belgium, Canada, Morocco, Portugal and Switzerland, Apside is recognized for its in-depth industry knowledge in manufacturing, finance, insurance and the public sector, as well as its technology expertise in areas such as data, AI, cloud and cybersecurity.

With this acquisition, CGI further consolidates its presence in France as well as other European countries and Morocco, and strengthens its capabilities, particularly in manufacturing and financial services.

More than 2,500 professionals have joined CGI through this acquisition, including nearly 2,200 in France.

"We are delighted to welcome Apside's talented team to CGI. Our companies share a culture and common values focused on innovation, responsibility, commitment and putting our employees at the heart of everything we do. By combining our strengths, we are enriching our technology offering and strengthening our ability to support our clients in their most complex transformations," said Caroline de Grandmaison, President of CGI's France operations.

About CGI

Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 93,000 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

View original content:https://www.prnewswire.com/news-releases/cgi-completes-acquisition-of-apside-a-france-based-digital-and-engineering-services-leader-302541030.html

SOURCE CGI Inc.

FAQ

How many employees did CGI acquire through the Apside acquisition?

CGI acquired over 2,500 professionals through the Apside acquisition, with nearly 2,200 located in France.

What are the key markets where Apside operates?

Apside operates in six countries: France, Belgium, Canada, Morocco, Portugal, and Switzerland.

What industries will CGI strengthen through the Apside acquisition?

The acquisition strengthens CGI's presence in manufacturing, finance, insurance, and public sector industries.

What technological capabilities does Apside bring to CGI?

Apside brings expertise in data, artificial intelligence (AI), cloud computing, and cybersecurity technologies.

Who will lead the integrated Apside operations at CGI?

The integrated operations in France will be led by Caroline de Grandmaison, President of CGI's France operations.