CGI buys Collaborative Consulting, adds 400 professionals in US

14 November 2016

Global technology giant CGI has acquired Collaborative Consulting, a Boston-based IT consultancy with nearly 400 professionals.

Collaborative Consulting was founded in 1999 by William Robichaud, who, after over 15 years in the consulting industry, believed there was a way to provide better IT consulting services. Under his direction the IT consultancy grew to its current team of approximately 400 professionals, operating from offices in Boston (headquarters), Wisconsin, Maine and New Jersey. The firm provides a range of services that help organisations improve their technology performance, including Digital Strategy, Information Management, Systems Implementation, IT-Infrastructure, Cloud Solutions and IT-Support.

Last week Robichaud, who today still serves as President and CEO, unveiled that Collaborative Consulting has been acquired by CGI, a Canadian IT giant, with revenues of $10.7 billion globally (for the fiscal year ended September 30, 2016) one of the globe’s largest information technology players. The deal sees all employees of Collaborative Consulting join CGI’s ranks in the US, and adds around $76 million in fee income.

CGI buys Collaborative Consulting

David L. Henderson, CGI’s President of US Operations, says that the bolt on brings valuable skills, experience and deep relationships in a fast growing IT services segment, adding that it enables the firm to boost its digital technology and information management offerings to clients. The move will predominantly benefits CGI’s operations in the country’s Northeast region: “The combination with Collaborative will have a significant positive impact on CGI’s footprint in the Boston metro area as well as the surrounding New England region, while acting as a catalyst for future organic growth for the overall US business, contributing to both our high-end consulting offerings while adding to our onshore delivery options.”

George D. Schindler, President and Chief Executive Officer of CGI, adds, “Collaborative Consulting brings both unique local relationships and deep industry experience to the CGI global platform.”

IT consultancy deal space

Deal activity in the IT consultancy space has been heating up in recent months, on the back of the growing demand for digital technology services. Three of CGI’s larger rivals, Atos, Capgemini and Accenture, have of late also been active with M&A in the North American market. Accenture for instance picked up US-based cyber consultant Defense Point Security, French-origin Atos acquired Anthelio Healthcare Solutions for $275 million, while Capgemini last year completed a massive move with the purchase of Igate, a deal which saw North America become the firm’s largest region in terms of size.


SQW Group purchases property-based regeneration consultancy

19 April 2019

UK consulting firm SQW Group has completed its first acquisition since it completed a management buyout in January 2019. BBP Regeneration joins the company having collaborated with SQW for more than 20 years.

Established in 1983, SQW Group now operates all over the world. Comprising SQW, Oxford Innovation, Oxford Innovation Services – one of the UK’s leading innovation centre operators – and Oxford Investment Opportunities Network, the organisation’s origins can be traced to Britain’s two ancient university cities: Oxford, through Oxford Trust founders, Martin and Audrey Wood, and Cambridge, through SQW’s work in producing The Cambridge Phenomenon.

The consultancy specialises in public policy, working with entities from the public, private and voluntary sectors to research, develop, implement and evaluate social and economic development interventions. It now employs over 250 people across regional offices in London, Oxford and Edinburgh, and provides business support to over 4,000 entrepreneurs and small businesses each year. At the start of 2019, SQW secured its independence in a management buyout, advised on by M&A experts from Liberty Corporate Finance and Penningtons Manches.

SQW Group purchases property-based regeneration consultancy

SQW has strengthened its position as a provider of services across the business spectrum with the acquisition of BBP Regeneration. Founded in 1994, the consulting firm specialises in land and property-based regeneration and growth schemes, and is a leading social and economic development consultancy. 

The two firms first worked together over 20 years ago, when SQW and BBP collaborated to develop the first Regional Economic Strategy for the South East. More recently, they developed an economic strategy for Thanet and are now working together in locations stretching from Cwmbran via Oxfordshire to London.

With the addition of BBP, SQW can now provide an integrated advisory service for organisations developing property schemes which deliver economic benefit to their local area. By joining SQW, meanwhile, BBP hopes to further enhance its ability to support clients in delivering property and place-making ambitions. 

Speaking about the deal, SQW CEO David Crichton-Miller commented, “The UK more than ever needs solutions to the challenges of places – of high streets under threat, of meeting housing delivery targets, and of both economically over-successful and economically challenged towns and cities – and the combination of SQW and BBP is uniquely suited to developing those solutions. [This deal] brings together critical and complementary services relating to places to serve our clients with leading edge and practical advice.”

Andy Smith, Director of BBP Regeneration, added, “SQW shares with BBP the same values of seeking to provide outstanding, practical, real world advice that helps get buildings built and places developed.  We greatly look forward to the opportunities that come from joining our two organisations together.”