CGI’s (NYSE: GIB) U.S. government arm has agreed to acquire Aeyon to expand its portfolio of technology offerings and relationships with U.S. military agencies and other critical national security customers.
CGI Federal said Tuesday both parties expect the transaction to conclude in the fourth quarter of fiscal year 2024, pending regulatory clearances and other customary closing conditions.
Aeyon is a portfolio company of private investment firm Enlightenment Capital and is focused on providing data management, intelligence automation, analytics, artificial intelligence and digital transformation support for U.S. federal government customers.
“By joining forces with CGI, our clients will benefit significantly from their access to new and complementary global capabilities, greater scale and opportunities to enhance and broaden their mission impact; and for our employees the opportunities to advance their careers with an industry leader are also significant,” said Sunny Singh, president and CEO of Aeyon.
“We are thrilled to combine our capabilities, strengthen our offerings and advance our history of delivering innovative, trusted digital transformation, data, and intelligent automation services and solutions to our clients,” added Singh.
CGI Federal President Stephanie Mango said the company looks forward to welcoming Aeyon’s 725 employees whose government transformation experience has supported U.S. federal agency customers’ missions.
Mango added that the merger will help strengthen CGI Federal’s position in delivering mission-critical platforms and end-to-end services to U.S. government clients.
Baird Managing Director Jean Stack, a 2024 Wash100 awardee, told GovCon Wire that the private equity firm advised Aeyon on the transaction.
