Alithya Acquires R3D Conseil

March 24, 2021

Alithya Group Inc. agreed to acquire Quebec-based digital solutions firm R3D Conseil for an implied purchase price of C$76.0 million (plus assumption of C$8.5 million debt), payable in Alithya shares. The deal brings ~600 R3D professionals to Alithya, adds approximately C$63 million of trailing revenue and secures C$600 million of minimum commercial commitments over 10 years from Québecor and Beneva (via La Capitale).

Targets
R3D Conseil
Sellers
R3D Conseil shareholders (including Québecor and Beneva / La Capitale)
Industry
IT Services
Location
Quebec, Canada
Transaction Type
Buyout

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