M&A Deal Summary

Alithya Group Acquires Edgewater Technology

On November 1, 2018, Alithya Group acquired information technology company Edgewater Technology

Acquisition Highlights
  • This is Alithya Group’s 4th transaction in the Information Technology sector.
  • This is Alithya Group’s 1st transaction in the United States.
  • This is Alithya Group’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2018-11-01
Target Edgewater Technology
Sector Information Technology
Buyer(s) Alithya Group
Deal Type Add-on Acquisition

Target

Edgewater Technology

Wakefield, Massachusetts, United States
Edgewater Technology, Inc. is an innovative technology management consulting firm. Edgewater provides a unique blend of premium IT services by leveraging its proven industry expertise in strategy, technology and corporate performance management. Headquartered in Wakefield, MA, Edgewater goes to market by vertical industry and provides its clients with a wide range of business and technology offerings.

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Buyer(S) 1

Buyer

Alithya Group

Quebec, Quebec, Canada
Category Company
Founded 1992
Sector Information Technology
Employees1,500
DESCRIPTION

Alithya Group, Inc. is an information technology consulting firm that advises, guides and assists its clients in their pursuit of innovation and excellence. Alithya prioritizes the achievement of business objectives on every project, through the optimal use of information technology. Alithya Group, Inc. was founded in 1992 and is based in Quebec, Canada.

DEAL STATS #
Overall 4 of 9
Sector (Information Technology) 4 of 8
Type (Add-on Acquisition) 4 of 9
State (Massachusetts) 1 of 1
Country (United States) 1 of 4
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-03 Systemware Innovation

Toronto, Ontario, Canada

Systemware Innovation Corp. is a full service software and engineering consulting firm delivering value added solutions to enterprise customers, primarily in the financial, energy and transportation sectors, including specialized solutions for the nuclear industry. Systemware Innovation Corp. was established in 1978 and is headquartered in Toronto, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-01 Matricis Informatique

Montreal, Quebec, Canada

Matricis Informatique, Inc. specializes in developing solutions that enable businesses to accelerate digital transformation through the leveraging of data. The company includes approximately 40 data scientists, engineers, and technology professionals who design advanced applications and systems using techniques derived from the Internet of Things (IoT), Artificial Intelligence (AI), a combination of the aforementioned (AIoT), and operational intelligence. Matricis Informatique was founded in 1999 and is based in Montreal, Quebec.

Buy $7M
Mergr

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