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New Deal


Announced

Completed

CGI completed the acquisition of Meti.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Management Consulting

Majority

Single Bidder

consulting services

Acquisition

Completed

France

Private

Friendly

Synopsis

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CGI, an independent IT and business consulting services firm, completed the acquisition of Meti Logiciels et Services, a company that offers integrated business solutions and consulting services for the retail sector. Financial terms were not disclosed. "We are pleased to join forces with Meti in helping retailers position themselves for the future through end-to-end services and digital technologies that drive efficiencies, innovation, customer satisfaction and value. Meti's capabilities, solutions and employees enable us to significantly strengthen our IP portfolio and services for the retail sector, and we warmly welcome its approximately 300 professionals to the CGI community," George D. Schindler, CGI President and Chief Executive Officer.

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