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    You are at:Home»News»Mergers & Acquisitions»CGI Buys Asset Management and Services Provider Sunflower Systems
    Mergers & Acquisitions

    CGI Buys Asset Management and Services Provider Sunflower Systems

    By Amanda ZiadehSeptember 3, 2019
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    CGI has closed on its acquisition of Annams Systems Corp. — which does business as Sunflower Systems — gaining an asset management software solutions and services provider based in San Ramon, California.

    Sunflower Systems has a solutions portfolio that enables organizations to improve decision making, accountability and regulatory compliance for assets like personal and real property, fleet, IT and materials.

    Adding these solutions strengthens CGI’s position serving commercial entities, government agencies, universities, government contractors, law enforcement and national laborites.

    Tim Hurlebaus, CGI Federal

    “CGI’s merger with Sunflower Systems is aligned to our Build and Buy strategy, providing opportunities to expand our offerings to the public and private sector, and offering IT modernization opportunities aligned with our strategy,” said Tim Hurlebaus, president of CGI Federal.

    Under the merger, Sunflower Systems’ services will be offered as a fully integrated solution for budget planning, financial management, acquisitions and asset management – the newest component of CGI’s Momentum solution.

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    Stephanie Mango, CGI

    “Similar to CGI, these professionals have a deep understanding in the asset management domain,” said CGI Senior Vice-President, Stephanie Mango. “They have created software built to meet the needs of their customers. We bring together two market leading solutions, CGI’s Momentum Enterprise solution – a leading federal budget, financial, and acquisition solution – with Sunflower Systems asset management solution.

    Mango added this integrated solution will help reduce cost of ownership, streamline operations and provide comprehensive business analytics across the enterprise.

    “This truly enables agency transformation,” Mango said.

    And according to Hurlebaus, Sunflower Systems’ expertise and intellectual property meet critical needs in a complex asset management market.

    “Sunflower Systems member’s deep expertise in asset management complements CGI’s expertise in financial and acquisition management,” he said.  “Together, we will continue to innovate and strengthen our collective leadership positions, and — through the delivery of surrounding services — will create greater value for our customers.”

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