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M&A / Property

CGI acquires Online Business Systems

By The Northwire Desk — AI Analysis Dec 03, 2025 · 14:16 GIB · 124.20 CGI Inc
GIB · Price

Executive Summary

  • CGI Inc. has acquired Online Business Systems, an IT consulting firm based in Winnipeg, to expand its Canadian footprint and presence in the region.
  • The acquisition brings more than 350 highly skilled professionals to CGI across Canada and the United States.
  • The deal enhances CGI's portfolio of services, specifically in digital transformation, cybersecurity, and artificial intelligence, while providing Online Business Systems' clients access to CGI's global expertise and delivery network.

Key Details

  • Acquirer: CGI Inc.
  • Target: Online Business Systems (IT consulting firm based in Winnipeg, founded in 1986).
  • Transaction Type: Acquisition.
  • Personnel: More than 350 professionals are joining CGI.
  • Strategic Rationale: Strengthens CGI's presence in Winnipeg; adds local expertise in digital transformation, cybersecurity, and AI; expands reach among enterprise clients in Canada and the US.
  • Target Leadership: Charles Loewen, founder, president, and CEO of Online Business Systems, cited strong cultural alignment and benefits from CGI's global scale.
  • CGI Financial Context: CGI's fiscal 2025 reported revenue is $15.91 billion.
  • CGI Listing: Listed on the Toronto Stock Exchange (GIB.A) and the New York Stock Exchange (GIB).

Notable Quotes

  • "We are delighted to welcome Online Business Systems' talented team of professionals to CGI. This acquisition significantly strengthens our presence in Winnipeg, and Online Business Systems' local expertise in digital transformation, cybersecurity and AI further enhances CGI's portfolio of services and solutions." — Michael Godin, President, CGI Canada
  • "We have always been guided by a strong commitment to excellence, innovation and long-term client partnerships... this new chapter with CGI will allow our clients and our team to benefit from the breadth, depth and global scale of CGI." — Charles Loewen, Founder, President and CEO, Online Business Systems
Read the original news release →

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