On March 8, 2005, Garda World Security Corporation (TSX: GW), Canada's leading provider of security and cash handling services, and CGI Group Inc. (NYSE: GIB; TSX: GIB.SV.A), among the largest independent information technology and business process services firms, announced that Garda World had entered into an agreement to acquire the principal assets of Keyfacts Entreprises Canada Inc. (Keyfacts), a wholly-owned subsidiary of CGI, valued at $3.5 million. The sale was completed later in the quarter.
Jean-René Gauthier advised CGI in this transaction.