CGI to Acquire BJSS: Strengthening Position in the UK Tech Landscape
CGI to Acquire BJSS: Strengthening Position in the UK Tech Landscape
On January 29, 2025, CGI, a global leader in IT and business consulting, confirmed that it has signed a share purchase agreement to acquire BJSS, a prominent UK-based technology and engineering consultancy. This strategic move is set to bolster CGI's operations within the UK across key commercial sectors, including retail, health, government, financial services, and energy utilities.
A Significant Acquisition
The acquisition, which is still pending standard regulatory approvals and other customary conditions, is anticipated to be finalized by February 2025. With this deal, CGI will welcome over 2,400 skilled consultants from BJSS, enhancing its capacity to meet customer demands and solve complex technological challenges.
BJSS, founded in 1993, is known for its innovative IT solutions and software engineering, positioning itself as one of the UK's largest independent consultancies in this field. The company collaborates with clients to deliver high-quality software systems and tackle intricate technology issues. This includes offerings in technology strategy, customer experience design, managed services, software engineering, artificial intelligence, cloud solutions, and cybersecurity.
Strengthening Capabilities
Tara McGeehan, President of CGI's UK and Australia operations, highlighted the immense benefits the acquisition will bring to CGI’s client base. With BJSS's strong reputation for delivering exceptional value through technical excellence and innovative thinking, CGI aims to enhance its ability to produce measurable outcomes for clients, including improved efficiency and customer experience.
“Our shared cultural values and dedication to solving intricate challenges for our clients will foster greater collaboration,” said McGeehan. “BJSS employees will also have the opportunity to thrive in CGI's ownership culture, where every employee is regarded as a business owner, thereby actively contributing to the future direction of the company.”
A New Chapter for BJSS
Glynn Robinson, Chairman of BJSS, expressed his enthusiasm for joining CGI, describing it as an exciting chapter in the company's history. He emphasized their shared commitment to sustainability and employee engagement, which aims at fostering long-term client relationships. Robinson noted that this partnership will harness their combined strengths, ultimately creating enhanced value for clients and new opportunities for their talented workforce.
Expanding Presence and Services
Once the acquisition is completed successfully, CGI will operate from 26 locations throughout the UK, creating a proximity model that allows consultants to engage closely with clients. This will be complemented by CGI's extensive global presence and service offerings, which will augment their ability to deliver exemplary value to various sectors.
Founded in 1976, CGI is recognized as one of the largest independent IT and business consulting firms worldwide, equipped with a workforce of 91,000 professionals. Its broad portfolio includes services ranging from strategic IT consulting to systems integration, managed IT services, and much more. With reported fiscal 2024 revenue of CA$14.68 billion, CGI continues to grow as an influential player in the business technology landscape.
In conclusion, this acquisition is more than just a business transaction; it is a step towards enhancing technological capacities and operational efficiencies. As CGI prepares for this significant development, clients across diverse sectors can look forward to improved service and innovation through the combined expertise of CGI and BJSS.