CGI and Daugherty Join Forces Expanding Consulting Services Across Major U.S. Cities

CGI Expands Operations with Daugherty: A Strategic Merger

CGI Inc., a leading global IT and business consulting firm, has officially signed an equity purchase agreement to merge its operations with Daugherty, a St. Louis-based professional services firm known for its expertise in artificial intelligence, data analytics, and strategic IT consulting. This strategic move, effective December 2024, is designed to enhance CGI’s offerings to Fortune 500 clients across several critical sectors including financial services, healthcare, communications, retail, and manufacturing.

Strengthening Market Presence

With this merger, CGI is set to bolster its presence in several metropolitan markets such as St. Louis, Atlanta, Minneapolis, Chicago, Columbus, Dallas, and New York. Daugherty, which has a stellar reputation for driving innovation and customer satisfaction for over 39 years, will contribute more than 1,100 skilled consultants to CGI’s workforce. This increase in personnel is expected to deepen the industry expertise and strengthen the strategic advisory services CGI offers.

CGI's President of U.S. Commercial and State Government Operations, Vijay Srinivasan, emphasizes the merger’s potential to deliver additional value to clients through enhanced industry insight and a proven track record of successful business outcomes. “The combined strengths of Daugherty and CGI align perfectly as both companies prioritize their teams and communities while maintaining a commitment to excellence,” he remarked.

Benefits to Clients

Current Daugherty clients will benefit from maintaining local relationships and specialized expertise, all while gaining access to CGI’s extensive global capabilities and delivery network. This merger ensures a continuity of service excellence, as Daugherty clients will now be able to tap into CGI’s wide range of end-to-end services and solutions.

Shared Commitment to Community

Both CGI and Daugherty share a strong commitment to community service. From the onset, the two firms have demonstrated a dedication to making a positive impact in their local areas. This is exemplified by CGI’s support of The Daugherty Foundation, which aims to provide education, mentorship, and career opportunities to underserved youth in technology sectors. This initiative reflects their goal of not just being industry leaders, but also community pillars that drive social change.

Ron Daugherty, the President and CEO of Daugherty, highlighted their strategic vision, “We are forging a path with CGI that expands our global capabilities, creates meaningful professional opportunities, and enhances our collective potential to drive innovation.”

A Larger Network for Clients

As CGI operates out of 80 offices across the U.S., organized in a metro market proximity model, this merger will provide an expanded local reach supported by CGI’s vast international presence. This combination of local and global service capabilities positions CGI as an industry leader poised to meet the evolving needs of its clients more efficiently and effectively.

With the transaction expected to close in December 2024, subject to regulatory approval and standard closing conditions, clients and partners of both firms can look forward to the enhanced service offerings that this merger promises to bring.

Conclusion

The CGI and Daugherty merger represents a strategic alignment that reinforces the respective firms' abilities to offer robust consulting services to Fortune 500 companies while enhancing both operational capabilities and community commitments. As CGI continues to grow, this partnership is anticipated to set a benchmark for consulting excellence in the technology-driven future.