CGI Federal to acquire Vienna government contractor

CGI Federal, the U.S. arm of Montreal-based IT and professional services consultancy CGI, announced this week it plans to acquire Aeyon, a Vienna-based federal IT consulting firm. The purchase, for which terms were not disclosed, is expected to close by the end of September. 

With 725 employees, Aeyon has been owned by Enlightenment Capital, a Maryland investment firm that invests in middle-market companies in aerospace, defense, government and technology. The parties entered into the acquisition agreement on June 22, according to the announcement. 

CGI Federal officials noted the purchase will complement and expand its relationships with critical national security clients, multiple branches and agencies of the U.S. military, the Federal Aviation Administration and NASA.

Pending regulatory approval, the deal is expected to close in the fourth quarter of CGI’s fiscal 2024, which ends Sept. 30. 

“We look forward to welcoming the 725 Aeyon employees whose deep experience and expertise in government transformation has meaningfully contributed to the missions of U.S. federal government organizations,” CGI Federal President Stephanie Mango said in a statement. In June, CGI Federal won a place on an $8 billion contract to modernize the FBI’s IT systems. 

“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,” Aeyon President and CEO Sunny Singh said. “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.”

Aeyon was started in 2021 as an Enlightenment Capital portfolio company, when Artlin Consulting and Sehlke Consulting merged.

The parent company CGI has more than 90,000 employees at 80 offices in the United States and 400 locations worldwide, and it reported revenue of $10.4 billion for fiscal 2023, an 11.1% increase over 2022.