Logica Buy Continues to Boost Revenues of PE-Backed CGI
CGI Group Inc., a Montréal-based IT and business process services company, achieved revenues totaling $2.57 billion in the third quarter of 2013, more than doubling on a year-over-year basis. A report from Reuters notes that these results are linked to the continuing impact of CGI's C$2.7 billion acquisition of British IT provider Logica Plc in August 2012. That deal was assisted by $1.0 billion private equity investment in company by the Caisse de dépôt et placement du Québec.
31 July 2013•5 mins read
