CGI Group - CyberBranch
Canada
United States
About the transaction
CyberBranch was incorporated on April 1, 1997 as a subsidiary of the Stanford Federal Credit Union of Palo Alto California. Cyberbranch, through its affiliation with, and the research efforts of the Credit Union, have been leaders in the development of Internet delivery technologies for the Credit Union Marketplace. Corum Group advised CyberBranch on its sale to CGI Group.
CyberBranch brings CGI a suite of leading edge Web-based technology solutions, backed by a highly skilled team of professionals with the know-how and expertise to develop and operate these solutions for credit unions.
From identifying the right acquirer and positioning our company to get their attention, to completing due diligence, Corum managed the M&A process carefully yet aggressively to get a deal done. Corum was there for us throughout this entire process and I wouldn't consider any M&A activity in the future without first seeking their assistance.
