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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