Groupe Alithya Inc., headquartered in Montreal, has acquired Quebec-based R3D Conseil, as part of a transaction concluded this month.
This transaction marks a big blow for Alithya, which now has more than 3,000 employees. It thus becomes one of the most important Canadian companies specializing in digital transformation and the main Quebec technology company listed on the NASDAQ.
“We are delighted to welcome 600 new professionals and to create at least 350 digital transformation jobs as well as a digital center of excellence in insurance to meet the growth in this sector,” said Paul Raymond, President and CEO of Alithya.
Alithya was represented, in the context of this transaction, by a team of lawyers from the firm Stikeman: Mes David Massé, Antoine Champagne, Gabrielle Daoust (Mergers & acquisitions), Eveline Poirier, Pierre-Luc Benoit and Jeremy Perron (Employment), Marie-Andrée Beaudry and Philippe St-Hilaire (Tax), Michael kilby (Competition) and by the internal team of Alithya, composed of Mes Nathalie Forcier, Christine Garon and Julien Fournier.
R3D Conseil was represented by Mes Jean-François Noël, Vincent Garibaldi and Gabriel Paquette (mergers and acquisitions) of BCF Business Law firm.
To these names must be added Quebecor, La Capitale and Investissement Québec, which are among the sellers in this transaction. Quebecor was represented internally by Me Jean-Pierre Huard and Nathalie Boulos, La Capitale was represented internally by Me Pierre Bégin and Louis Cloutier and Investissement Québec was represented by Me Yann Clisson.
In addition to the hires mentioned above, Alithya hopes to strengthen its expertise in consulting and developing digital applications for the insurance, finance, government services, healthcare and telecommunications sectors.
This transaction also includes commercial commitments totaling nearly C $ 600 million in combined operating revenues under agreements with an initial term of 10 years, equivalent to a minimum annual business volume of 60 million Canadian dollars.