CGI Group acquires MPI Professionals
On August 10, 2005, CGI-AMS Inc., the wholly-owned U.S. operating subsidiary of CGI Group Inc. (TSX: GIB.SV.A; NYSE: GIB), announced that it had completed its acquisition of MPI Professionals. Founded in 2001, MPI is a privately-held, Manhattan-based consulting and systems integration firm with revenues of US$17 million.
MPI specializes in project management, compliance, convergence, risk management and straight-through processing for the financial services sector with a specific focus in capital markets.
Jean-René Gauthier advised CGI Group in this acquisition.