Home / Finance & Economy / GFI takes control of Capital Consulting and looks at Africa

GFI takes control of Capital Consulting and looks at Africa

GFI confirms its desire to develop Moroccan and African markets by taking control of Capital Consulting and Archos Technology, leaders in management consulting and IT services in Morocco and French-speaking Africa.

This operation is in line with GFI’s strategy of supporting its global customers throughout their territories while addressing the best standards of local businesses. With the acquisition of Capital Consulting and Archos Technology, GFI will significantly expand its consulting offer in Morocco and Africa and consolidate its position on its IT solutions and offerings including Smart Cities, Digital Banking & Insurance, Cybersecurity, Outsourcing and Business Solutions.

This is in order to always better serve its customers thanks to experienced teams who master the business and technological aspects. With more than 750 employees serving Moroccan and African companies, GFI is consolidating its position as a major player in the region.

The meaning of a strategic operation

For Hicham Chebihi Hassani, Senior Partner of Capital Consulting, this operation was designed to serve the group’s clients in Morocco and Africa. “After 20 years of growth, we realized in 2017 that an alliance with a world-class IT group was a necessity, with the consulting and IT businesses converging more and more. Choosing a partner like GFI is for us a choice for the future. It allows us to position ourselves as the partner of the digital transformation of African companies through dual mastery of their business and IT issues. This operation will allow us to offer our customers innovative solutions that we could not have developed alone. We want to quickly offer our customers the benefits of synergies between our portfolios of activities”. A point of view shared by Abdelmounaim Faouzi, founding partner: “the consulting sector is called to negotiate substantive breaks in terms of offers. Ceding to a digital multinational is a promise to make the tool sustainable and give it resources for its sustainability.”

As for Vincent Rouaix, CEO of Groupe GFI, he sees the acquisition of Capital Consulting and Archos Technology as an opportunity to strengthen the position of his group, a key player in the Moroccan market and more generally in French-speaking Africa. “We are now able to deploy a unique value proposition, ranging from the Business Council to the implementation of solutions enabling our customers, major accounts, subsidiaries of European groups or local public players to make a difference in their expansion, placing digital at the heart of their strategy.”

In the opinion of experts, the convergence of the consulting business and IT players is just beginning. GFI, Capital Consulting and Archos Technology set an example in Morocco.

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