Capgemini to Acquire IT Services Provider VariQ

Acquisition would reinforce Capgemini Government Solutions LLC, part of the Capgemini Group, with further software development, cybersecurity and cloud service capabilities for federal government clients

Capgemini has announced that it has entered into a stock purchase agreement (SPA) to acquire VariQ pending U.S applicable regulatory approvals. VariQ would be integrated into Capgemini Government Solutions LLC, Capgemini's independent operating division working with U.S. government agencies. This acquisition would strengthen the company's position in the Federal market and build momentum for continued growth.

VariQ was founded in 2003 and serves as a provider of Software Development, Cybersecurity, and Cloud services for federal government departments and agencies across the United States. These services are delivered through multiple contract vehicles, including the Alliant 2 best-in-class contract vehicle. Additionally, the company holds a digital transformation entity (Rivet Logic, acquired in 2020) which serves a set of commercial clients and would join forces with Capgemini in the U.S. to expand digital capabilities and key technology partners.