Just months after one of the largest acquisitions in the history of the company, Capgemini Consulting is touting its 2015 financial performance as evidence last July’s $4 billion acquisition of IGATE is already paying big dividends, and announced another acquisition in service of its North American growth aspirations in digital innovation, Fahrenheit 212.
Notably, 22 percent of the company’s revenues now come from Digital and Cloud.
Capgemini’s North America business now composes 28 percent of group revenues, comfortably making it the firm’s top region in terms of revenue. It also grew its headcount by nearly 40,000 employees over the last year, now tipping the scales at just over 180,000. The firm expects the good news to continue in 2016, with forecasted revenue growth of 7.5- to 9.5 percent (at constant exchange rates), an operating margin of 11.1 to 11.3 percent and organic free cash flow generation of $937 million.
The firm is now doubling down on North America and increasing its toehold in the region with its just-announced acquisition of innovation and design consultancy Fahrenheit 212, which Capgemini says will further expand the firm’s innovation growth strategy offerings.
The Fahrenheit 212 acquisition will “accelerate Capgemini Consulting’s ability to define new products, services and experiences for clients,” as well as “augment the capabilities of the group’s global strategy and transformation consulting organization” while “providing new innovation, business transformation and digital customer experience solutions,” Capgemini says.