BrazilCGI doubles down in Spain with Cognicase Management Consulting
Spain’s Cognicase Management Consulting has been acquired by CGI, one of the globe’s larger technology consultancies.
The deal – CGI’s largest in Europe since it bought Anglo-Dutch IT services giant Logica back in 2012 – adds around 1,500 professionals to its footprint in Spain. Previous notable deals in Europe include those of SCISYS in 2019 (which added 670 experts in Germany and the UK) and CKC in 2018 (which added 300 professionals in Germany).
Founded in 1993, Cognicase Management Consulting delivers a range of business consulting and technology services to clients across Spain, including a majority of the IBEX 35’s companies. The digital-focused consulting firm has six offices in Spain; in Madrid, Bilbao, Sevilla, Barcelona, Zaragoza and Mallorca.
The firm also has hubs in Italy, Portugal, Colombia, and Mexico. The deal will see Cognicase Management Consulting and all sub-brands – CMC O2, Avanttic, Brujula, CRM10, DKS and Galeon Software – join CGI.
George Schindler, President and Chief Executive Officer at CGI, said: “CMC has served as a digital partner of choice through its end-to-end services portfolio and its solid ecosystem of technology partners.”
“We are looking forward to joining forces with CMC in helping our clients accelerate their digitisation and driving even greater business value from our united end-to-end capabilities. Cognicase Management Consulting will enable us to significantly strengthen our services portfolio and capabilities in Spain.”
For Cognicase Management Consulting, the joining of forces will provide it access to the network and capabilities of one of the globe’s largest IT-focused professional services firm. The Canada-listed group has over 80,000 employees globally, and offices across the world.
Jaime Hortelano, Chairman of CMC commented: “CMC is tremendously proud to have been chosen by such a renowned industry leader as CGI to continue to grow its business.”
Meanwhile, in the Americas, CGI has over the past two years acquired three companies in its home market of Canada. The M&A drive is part of its ambition to double in size in next five to seven years.
