CGI acquisition of Stanley named ‘Deal of the Year’
CGI Group Inc. (NYSE: GIB; TSX: GIB.A), a leading provider of information technology and business process services, was recognized with the Deal of the Year Award (Over US$100M in value) for the company’s acquisition of Stanley, Inc. The award was presented by the Association for Corporate Growth (ACG), National Capital, during the Annual ACG Corporate Growth Awards Gala late last week.
“The Annual ACG Corporate Growth Awards Gala is Washington D.C.’s premier event to honor and celebrate the region’s most significant deals and dealmakers,” said Jason Rigoli, ACG National Capital president. “This year’s slate of awardees highlights business leaders that are driving the deals that make this region the most vibrant and resilient regional economy in the United States.”
The Deal of the Year Award recognizes the most outstanding transaction based on the value of the transaction, its complexity, and its impact on shareholder value and market share.
“We are honored to be recognized for an acquisition that has already created strong value for our clients, employees, and shareholders,” said Donna Morea, President, U.S., Europe and Asia, CGI. “Our increased scale and additional services enable us to deliver against critical client mission and business requirements, including cloud computing, cybersecurity, health IT, and energy/environment. The powerful combination of talent and capabilities we now have creates opportunity for growth and solidifies our position as a leading technology partner to government and commercial clients.”
About the ACG National Capital
ACG National Capital serves the US's fourth largest economy including Washington, DC, northern Virginia and southern Maryland. It is the leading authority on corporate growth in the mid-Atlantic region. ACG National Capital provides unparalleled opportunities for networking, deal making and professional development for individuals involved in building corporate value through M&A, strategic partnerships, organic growth and capital funding.
Founded in 1976, CGI Group Inc. is one of the largest independent information technology and business process services firms in the world. CGI and its affiliated companies employ approximately 31,000 professionals. CGI provides end-to-end IT and business process services to clients worldwide from offices and centres of excellence in the United States, Canada, Europe and Asia Pacific. As at March 31, 2011, CGI's annualized revenue was approximately C$4.5 billion and its order backlog was approximately C$12.6 billion. CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB) and are included in both the Dow Jones Sustainability Index and the FTSE4Good Index. Website: www.cgi.com.
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