Alithya Acquires Travercent LLC to Expand Oracle Cloud Healthcare Capabilities

December 16, 2019

Alithya Group Inc. acquired Travercent LLC, a US-based Oracle cloud-focused consulting group specialized in the healthcare sector, for approximately US$18.0 million paid in cash and Alithya subordinate voting shares. The transaction adds Travercent's Oracle cloud implementation expertise and its CAPSURETM healthcare supply-chain IP to Alithya's enterprise solutions, strengthening Alithya's healthcare and Oracle cloud capabilities in the United States.

Buyers
Alithya Group inc.
Targets
Travercent LLC
Industry
IT Services
Location
United States
Transaction Type
Buyout

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