PE-Backed CGI Group's Revenues Grow 148%
CGI Group Inc., a Montréal-based IT and business process services company, achieved revenues totaling C$2.53 billion in the first quarter of 2013, which represents year-over-year growth of 148 percent. The growth takes into account the impact of CGI's C$2.7 billion acquisition of British IT provider Logica plc in August 2012. Around the time of this acquisition, CGI received a C$1.0 billion private equity investment from Canadian pension fund manager the Caisse de dépôt et placement du Québec.
31 January 2013•3 mins read
