CGI completes acquisition of Comarch Polska

Executive Summary

• CGI Inc. has completed the acquisition of Comarch Polska SA, a move designed to accelerate its expansion in Poland and the Baltic States.
• The transaction adds more than 460 IT and business consulting professionals to CGI, bringing the firm's total presence in the region to approximately 1,500 professionals.
• The acquisition aims to strengthen CGI's public sector capabilities by combining Comarch's local expertise with CGI's technology-agnostic offerings and proven solutions.

Key Details

• Transaction Status: Acquisition of Comarch Polska SA completed by CGI Inc. through its wholly owned Polish subsidiary, CGI Information Systems and Management Consultants (Polska) spzoo.
• Personnel Impact: More than 460 IT and business consulting professionals from Comarch Polska are joining CGI.
• Regional Footprint: CGI’s presence in Poland and the Baltic States is growing to approximately 1,500 professionals.
• Operational Expansion: CGI will expand its physical presence in several major cities in Poland.
• Strategic Focus: The deal leverages CGI’s deep expertise in the public sector and transfers proven capabilities from operations across Europe.
• Target Company Background: Comarch Polska has been delivering software and IT service solutions for the public administration sector since 1993.
• Comarch Key Offerings: ERP (enterprise resource planning) solutions, tools for digital process and document management, consulting, and managed services.
• Performance Benchmark: CGI aims to deliver 95% of projects on time and within budget, setting a new benchmark for performance and reliability in the Polish market.

Notable Quotes

• "CGI continues to grow both organically and through strategic acquisitions, in alignment with our long-term business objectives. We are reinforcing our presence in Poland and the Baltic states by leveraging our deep expertise in the public sector and transferring proven capabilities from our operations across Europe." — Niraj Sood, CGI president in Finland, Poland and Baltics.
• "We see significant opportunities for growth in the public sector by not only transferring best practices and solutions developed with our clients across Europe, but also by strengthening the capabilities of the team joining us... By combining Comarch's local expertise with CGI's technology-agnostic offerings, we are expanding the portfolio of proven solutions available to public sector organizations in Poland." — Bartomiej Niecierowicz, senior vice-president and business unit leader for CGI in Poland, Lithuania, Latvia and Estonia.
• "With over 30 years of experience delivering IT services in Poland, we strongly believe that as a part of CGI, we will further expand our presence in the public sector by introducing globally developed, market-proven intellectual property solutions tailored to the needs of the Polish market." — Tomasz Matysik, chief executive officer of Comarch Polska.
• "The completion of the transaction with CGI underscores the maturity and international competitiveness of the solutions developed by Comarch, as well as the high quality of work delivered by our teams." — Jarosaw Mikos, president of the management board of Comarch.