A definitive agreement was entered on Aug. 27th and the transaction was completed on Friday.
“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 of CGI Federal and 2019 Wash100 Award recipient.
“Sunflower Systems' industry-leading expertise and IP met 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,“ Hurlebaus added.
The merger strengthens CGI's position serving the needs of commercial entities and federal government agencies, including universities, government contractors, law enforcement organizations and national laboratories. These will now be offered as a fully integrated solution for budget planning, financial management, acquisitions, and asset management, the newest component of CGI's market-leading Momentum platform.
About CGI Federal
CGI Federal Inc. is a wholly-owned U.S. operating subsidiary of CGI Inc., dedicated to partnering with federal agencies to provide solutions for defense, civilian, healthcare and intelligence missions. Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With approximately 77,500 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.