Announced
Completed
Financials
Sources
Tags
United States
asset management software
Private
Completed
Software
Friendly
Acquisition
Single Bidder
Synopsis
CGI, a Canadian global information technology consulting, systems integration, outsourcing, and solutions company, acquired Sunflower Systems, a leading provider of asset management software solutions and services. Financial terms were not disclosed. "CGI's merger with Sunflower Systems is aligned to our Build and Buy strategy, providing opportunities to expand our offerings to the public and private sector, and offering IT modernization opportunities aligned with our strategy," said Tim Hurlebaus, President, CGI Federal. "Sunflower Systems' industry-leading expertise and IP meet a critical need in an evolving and complex asset management market. Sunflower Systems member's deep expertise in asset management complements CGI's expertise in financial and acquisition management. Together, we will continue to innovate and strengthen our collective leadership positions, and—through the delivery of surrounding services—will create greater value for our customers."
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.