FGI Buys CRM Integrator Plaut

CGI Group Inc. has announced the acquisition of Plaut Consulting SAS, a French management and technology consulting firm.

Founded in 1998, the company, which is headquartered in Paris, is privately owned and has annual revenues of approximately 14 million euros. The acquisition, expected to close on June 1st 2006, will allow CGI to increase its footprint in France.

Known primarily for implementing SAP (News - Alert) products, Plaut Consulting SAS guides its worldwide clients through organizational and information systems transformation projects in the manufacturing, retail and distribution, financial services and telecommunications markets.

Didier Moscatelli, President of Plaut Consulting SAS said by coming together with CGI, “we will be well positioned to increase our service offering.”

In addition to specializing in SAP integration, Plaut Consulting SAS also handles business intelligence, CRM and integrated technologies.

“This acquisition is ideally aligned with our strategic plan to profitably triple our operations in Europe by 2010,” stated Jacques Leray, Vice-President, General Manager of CGI France.

Plaut might have been casting about for options, as they had announced reduced revenue expectations for 2006 after posting “negative equity” of about $19 million in 2005.

David Sims is contributing editor for TMCnet. For more articles please visit David Sims’ columnist page.

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