A visionary encounter between two key technology players in Quebec (Canada)
Founded in 2003, Momentum Technologies has established itself as a key player in digital transformation in Quebec. With over 250 highly qualified consultants and professionals specializing in enterprise software development, data analysis and business intelligence, Momentum Technologies has quickly distinguished itself by offering customized solutions, particularly for the public sector, but also for other sectors such as healthcare and financial services.
Thanks to its ability to solve complex challenges and build long-term relationships with strategic customers, Momentum Technologies has established a solid reputation as one of Canada’s leaders in technological innovation. This dynamic has enabled us to attract the attention of world-class players.
A promising future for innovation and digital transformation
By joining forces with CGI, a company founded in Quebec City in 1976 and now one of the world’s leading IT and management consulting groups, Momentum Technologies is taking a decisive step forward, paving the way for new career opportunities for its talents. With more than 91,000 professionals worldwide and sales of $14.68 billion in 2024, CGI is a global force to be reckoned with.
I-Deal Development is proud to have facilitated this collaboration between two major technology players, despite their different universes and sizes. In a complex global context, where each party had its own stakes and constraints, we were able to create an effective dialogue, represent everyone’s interests and convey key messages to align visions.
This alliance marks a strong commitment on the part of CGI, illustrated by the direct involvement of its founder, Serge Godin, in the discussions. Thanks to a seamless matchmaking process and a professional acquisition team, this joint project paves the way for exciting new opportunities for both companies, and for the entire Quebec and international technology ecosystem.
“The I-Deal Development team did an outstanding job from start to finish. From the very first contact, we were impressed by their professionalism and rigorous follow-up at every stage of the transaction.
Initially engaged on an acquisition mandate, I-Deal Development supported us in a strategic reorientation that led to a sale, with an approach that was always relevant and appropriate. In the space of six months, they were able to adjust their support to meet our new objectives.
Our discussions with CGI, a long-standing partner, came to a successful conclusion thanks to the quality of the exchanges established by I-Deal Development. Frédéric Bonan’s expertise was invaluable, going beyond simple transactional aspects to include a real understanding of the market and the issues specific to our sector. His arguments won over and convinced all the parties involved.
I would also like to underline the commitment of Jules Schoonberg and Natty Bothereau, whose remarkable work greatly contributed to the success of this operation. Their professionalism, availability and thoroughness were essential assets.
I-Deal Development’s team was able to reassure us and accompany us with total involvement, in the face of the natural worries associated with such a transition. Thanks to their support, we were able to move forward with confidence and serenity in this project, which will structure the future of Momentum Technologies.” Mohamed Guetat – President of Momentum Technologies
“I-Deal Development worked closely with the management and shareholders of Momentum Technologies, with great respect and a constant ability to listen, while ensuring that everyone involved, from the smallest shareholder to the CEO, found their place in this transaction. I would like to pay tribute to the commitment, availability, patience and attentiveness of Mohamed Guetat, who showed great confidence in relying on I-Deal Development’s expertise. His involvement, as well as the responsiveness of his teams, were key factors in the success of this operation. Finally, I’d like to underline the humanity of our client’s teams, and I’m convinced that they will flourish within CGI, given the quality of the exchanges we’ve had throughout this collaboration.” Frédéric Bonan – President of I-Deal Development
