On April 27, 2022, CGI announced the acquisition of Harwell Management through its subsidiary, CGI France SAS. Harwell Management, a French management consulting firm specializing in the financial services industry, was founded in 2009 and employs approximately 150 consultants.

This acquisition is set to bolster CGI's expertise in various financial sectors, including retail and corporate banking, capital markets, insurance, and specialized services like energy trading and asset management. The deal aims to expand CGI Business Consulting's reach, particularly in the French market, integrating Harwell Management's in-depth industry knowledge and client-focused approach.

The finalization of the acquisition is contingent on the completion of necessary procedures with the employee representative bodies of both Harwell Management and CGI France. The transaction value and legal advisors involved in the deal were not mentioned in the article.

Laurent Gerin, President of CGI's Western and Southern Europe, and Pierre-Dominique Martin, Senior Vice President of CGI Business Consulting, expressed enthusiasm for the enhanced capabilities and growth opportunities this merger brings. Harwell Management's founders, Christophe Da Cunha and Franck Benzon, also highlighted the aligned values and complementary strengths the union with CGI Business Consulting offers, anticipating benefits for their teams and clients.