CGI's Polish unit enters deal to acquire Comarch Polska

Executive Summary

• CGI Inc. has entered into a conditional agreement to acquire Comarch Polska SA, a leading IT company in Poland specializing in IT solutions for public administration.
• The acquisition is expected to add more than 460 IT and business consulting professionals to CGI, growing its presence in Poland and the Baltic states to approximately 1,500 professionals.
• The transaction is subject to regulatory approvals and other customary closing conditions.

Key Details

• Transaction Structure: Conditional agreement between CGI Inc. (via its wholly owned Polish subsidiary, CGI Information Systems and Management Consultants (Polska) sp zoo) and Comarch SA to acquire Comarch Polska SA.
• Target Profile: Comarch Polska SA specializes in IT solutions for public administration, having delivered software and IT service solutions since 1993. Key offerings include ERP solutions, digital process/document management tools, consulting, and managed services.
• Strategic Rationale: The acquisition strengthens CGI's public sector expertise, enables knowledge transfer, and supports the implementation of CGI's intellectual property for public administration agencies. It also aims to accelerate growth in Poland, described as one of Europe's most digitally advanced regions.
• Operational Impact: Post-acquisition, CGI will deliver comprehensive digital and business transformation offerings for social security, health, and agricultural agencies, leveraging CGI's AI expertise to enhance public services.
• Personnel: More than 460 IT and business consulting professionals from Comarch Polska will join CGI.
• Closing Conditions: The transaction is subject to regulatory approvals and other customary closing conditions.

Notable Quotes

• Francois Boulanger, CGI President and CEO: "CGI and Comarch Polska share entrepreneurial roots... Upon completion, the merger enables CGI to strengthen the depth of our public sector expertise, bring our global expertise to clients and accelerate growth in Poland..."
• Jaroslaw Mikos, Comarch CEO: "The acquisition of Comarch Polska by CGI demonstrates that the solutions developed by Comarch are not only innovative but also competitive on international markets... It is also proof of the maturity of our teams and the effectiveness of our business model..."
• Bartlomiej Niescierowicz, Senior Vice-President and Leader for CGI in Poland, Lithuania, Latvia and Estonia: "Through our acquisition of Comarch Polska SA, we will deliver comprehensive digital and business transformation offerings for social security, health and agricultural agencies... Furthermore, by leveraging CGI's expertise in AI, we open up new opportunities to enhance public services..."
• Tomasz Matysik, Director of the Public Sector, Comarch: "Joining CGI opens up new opportunities for growth, allowing us to strengthen our services and deliver even greater value to our clients."