CGI expands Miami presence with acquisition of Momentum Consulting

13 October 2023 2 min. read
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CGI, a Montreal-headquartered management and technology consulting firm, has acquired Momentum Consulting Corp., a Miami, Florida-based IT consultancy.

Founded in 2002, Momentum has practices in digital transformation, data and analytics, delivery excellence, and managed services. The firm’s offerings including web and mobile development, UX design, cloud integration, big data and AI, project management, and 24/7 monitoring and support.

Momentum’s technology partners include AWS, Microsoft, IBM, Informatica, and UKG, among others.

The works with clients across retail, manufacturing, transportation, and logistics, and has approximately 175 employees.

CGI’s acquisition of Momentum will further expand its Miami operations. The company’s US operations comprise approximately 13,000 employees across 80 offices.CGI expands Miami presence with acquisition of Momentum Consulting“CGI and Momentum Consulting Corp. are a great cultural fit as both companies share a strong commitment to their people, a dedication to management fundamentals and a passion for excellence in execution for clients," said Tim Hurlebaus, CGI president of US commercial and state government operations.

CGI has 91,500 professionals globally and $12.87 billion in annual revenue. The firm provides services in IT strategy, systems integration, business process services, and managed IT. CGI also offers a variety of industry-specific proprietary technology solutions. The company, which was founded in 1976 and went public in 1986, is listed on the TSX and NYSE.

"For Momentum Consulting Corp., the merger enables us to continue our growth trajectory by providing scale and access to new technology platforms, expertise and partners, a global delivery network, digital consulting capabilities, and managed services options," said Mayte Fernandez, managing partner of Momentum, who will join CGI as SVP for consulting services and Miami leader.

CGI last year acquired Harwell Management, a Paris-based management consultancy focusing on the financial services industry. The deal added approximately 150 people.