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).

Buyers
Alithya Group Inc.
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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