M&A: CGI Federal acquisition to expand footprint across FedCiv, bolsters Financial Systems Modernization and data analytics capabilities

“CGI (NYSE: GIB) (TSX: GIB.A) announced its intent to acquire TeraThink, a leading information technology and management consulting firm providing digitization, enterprise finance, risk management, and data analytics services to the U.S. federal government. The two companies signed an agreement to proceed with the transaction, which is expected to close by the end of March.”

“This merger will strengthen CGI Federal’s consulting expertise, and expand its enterprise application development and management services. Combining TeraThink’s agile enablement, application development, and data analytics capabilities with CGI’s Federal’s breadth of IT services will enhance offerings available to federal agencies. This merger will significantly increase the scale of enterprise applications support CGI Federal provides to all three branches of government…”

Read the full press release here.

Source: CGI to Acquire TeraThink – March 25, 2020. CGI.

G2X TAKE: Those firms that focus on Financial Systems Modernization, risk management, and data analytics, especially at DOJ, USDA and PBGC, will be certain to take notice of this acquisition of TeraThink as CGI not only bolsters their capabilities, but also adds to their existing Federal Civilian footprint.  

Related Items

Included below is a snapshot of Obligated Funds by Funding Account and Fiscal Year for TeraThink 


Federal contracting data provided to G2Xchange by Federal Compass; Date: March 2020


This topic contains 1 reply, has 2 voices, and was last updated by  Anonymous 7 months ago.

  • Author
  • #93217

    Replies viewable by members only

  • #93299
    • Anonymous

    Replies viewable by members only


You must be logged in to reply to this topic.


Questions?. Send us an email and we'll get back to you, asap.


©2020 G2Xchange all rights reserved | Community and Member Guidelines | Privacy Policy | About G2Xchange FedCiv

Opportunities. Starting Points.

About our Data

The Vault is a listing of expiring contracts, task orders, etc. within a certain set of parameters, to include:

  • Have an initial total estimated contract value of $10 million or above
  • Federal Civilian Only – DHS, Transportation, Justice, Labor, Interior, Commerce, Energy, State, and Treasury Actions
  • NAICS codes include: 511210, 518210, 519130, 519190, 541511,
    541513, 541519, 541611, 541618,
    541690, 541720, 541990
  • Were modified within the last 12 calendar months
  • The data represented is based on information provided by the government

Who has access? Please note that ALL G2Xchange FedCiv Members will receive access to all basic and much of the advanced data. G2Xchange FedCiv Corporate Members will receive access to ALL Vault content (basic and advanced).

Feedback/Suggestions? Contact us at Vault@G2Xchange.com and let us know what you think. 

G2Xchange FedCiv

Log in with your credentials for G2Xchange FedCiv

Forgot your details?