CGI has agreed to acquire Daugherty, a St. Louis-based professional services firm specializing in AI, data analytics, strategic IT consulting and business advisory for Fortune 500 clients in sectors including finance, healthcare, communications, retail and industrials. . This acquisition will add more than 1,100 consultants to the company, strengthening its presence in key growth markets in the United States, including St. Louis, Atlanta, Minneapolis, Chicago, Columbus, Dallas and New York.
The purchase agreement was signed on November 29, 2024 and the transaction is expected to be completed in December 2024, pending regulatory approval and other customary conditions.
“Our strategic vision focuses on a double commitment to our clients and our team. The alliance with CGI expands our global capabilities, creates meaningful career opportunities and enhances our positive impact in communities,” explains Ron Daugherty, president and CEO of Daugherty.
CGI acquires Daugherty
For nearly four decades, Daugherty has driven innovation, growth and customer satisfaction while positively contributing to the community. For CGI, this merger represents a significant expansion into specific US markets, expanding its sector expertise and enhancing its strategic advisory services in areas such as digital engagement, technology modernization, cloud transformation, FinOps and sustainability.
The merger with CGI allows Daugherty clients to maintain local relationships and expertise while accessing CGI’s global capabilities, network of delivery centers and breadth of comprehensive services and solutions.
The integration with CGI will allow Daugherty’s clients to maintain their local relationships and expertise, while accessing CGI’s global capabilities and network of delivery centers. Daugherty has repeatedly been recognized as a Top IT Consulting Firm by the St. Louis Business Journal and has received several top workplace awards, including a top spot in the Top Workplaces USA of 2024.
CGI is also committed to investing in the communities where it operates, supporting the Daugherty Foundation, which provides access to education, mentoring, and career opportunities in technology for youth and underrepresented groups.
Vijay Srinivasan, President of CGI US State Government and Private Sector Operations, said: “The combination of Daugherty and CGI brings additional value to clients through deep sector knowledge and technological expertise, with strong commitment and a proven track record in delivering reliable results. “Both companies share an excellent cultural affinity, with a strong commitment to their professionals and communities, a dedication to management and a passion for excellence in project execution.”
In the United States, CGI operates in 80 offices organized under a model of proximity to the local market, supported by its extensive international presence, variety of services and knowledge to add value locally.
