CGI completes acquisition of UK-based BJSS, deepening its presence across key commercial industries and public sector

Rhea-AI Summary

CGI has completed its acquisition of BJSS, a leading UK-based technology and engineering consultancy. This strategic move aligns with CGI's goal to expand its consulting-led services and drive innovation in cloud, AI, data analytics, and software engineering for both commercial and public sector clients.

The acquisition brings 2,400 BJSS professionals into CGI's global network of 91,000 consultants, increasing CGI's UK workforce to over 8,500 employees. BJSS's team adds complementary skills and expertise that will enhance CGI's ability to deliver industry-leading technology solutions and advisory services.

This integration is expected to enable expanded service offerings and deeper client collaboration, particularly in the retail, financial services, healthcare, energy, and public sectors. According to Tara McGeehan, President of CGI UK & Australia, the combined expertise will strengthen CGI's capabilities to help clients navigate complex digital transformations, accelerate innovation, and achieve measurable outcomes aligned with their strategic goals.

Positive

• Acquisition adds 2,400 skilled professionals to CGI's workforce
• Expands CGI's UK presence to over 8,500 employees
• Strengthens capabilities in cloud, AI, data analytics, and software engineering
• Enhances service offerings in key sectors: retail, financial services, healthcare, energy, and public
• Aligns with CGI's strategic growth through acquisition strategy

Negative

• No financial details of the acquisition disclosed
• Integration costs and challenges not addressed
• Potential overlap in service offerings not discussed

News Market Reaction

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+0.85% News Effect

On the day this news was published, GIB gained 0.85%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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

LONDON, United Kingdom, Feb. 25, 2025 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) has completed its previously announced acquisition of BJSS, a leading UK-based technology and engineering consultancy. The acquisition aligns with CGI's strategy to expand its consulting-led services and drive innovation in cloud, AI, data analytics, and software engineering for commercial and public sector clients.

"We are really pleased to welcome all of the new joiners from BJSS, whose deep expertise in digital engineering enhances CGI's collective ability to deliver industry-leading technology solutions and advisory services to clients across the UK," said Tara McGeehan, President, CGI UK & Australia. "With the integration of BJSS's deep technical expertise and strong market presence, CGI continues to strengthen its ability to help clients navigate complex digital transformations, accelerate innovation and achieve measurable outcomes aligned with their strategic goals."

BJSS's 2,400 professionals will bring complementary skills and experience to CGI's global network of 91,000 consultants and professionals, bringing the number of CGI employees located in the UK to over 8,500. The integration of BJSS into CGI's UK operations will enable expanded service offerings and deeper collaboration with clients, particularly in the retail, financial services, healthcare, energy, and public sectors.

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. 

View original content:https://www.prnewswire.com/news-releases/cgi-completes-acquisition-of-uk-based-bjss-deepening-its-presence-across-key-commercial-industries-and-public-sector-302383925.html

SOURCE CGI Inc.

FAQ

How many employees does CGI (GIB) gain from the BJSS acquisition?

CGI (GIB) gains 2,400 professionals from the BJSS acquisition, bringing CGI's total UK workforce to over 8,500 employees.

What industries will benefit from CGI's (GIB) acquisition of BJSS?

The key industries that will benefit from CGI's acquisition of BJSS include retail, financial services, healthcare, energy, and public sectors, where the combined expertise will enhance service delivery.

What technology areas will CGI (GIB) strengthen through the BJSS acquisition?

CGI (GIB) will strengthen its capabilities in cloud, AI, data analytics, and software engineering through the BJSS acquisition, enhancing its consulting-led services portfolio.

How does the BJSS acquisition align with CGI's (GIB) business strategy?

The BJSS acquisition aligns with CGI's strategy to expand its consulting-led services and drive innovation in key technology areas, helping clients navigate complex digital transformations and achieve measurable outcomes.

What is the total size of CGI's (GIB) global workforce after the BJSS acquisition?

After the BJSS acquisition, CGI's global workforce consists of 91,000 consultants and professionals, with over 8,500 employees now located in the UK.