Alithya Adds C$600 Million Backlog Through Closing of Acquisition of R3D Conseil
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Set to create 350 new strategic IT jobs
MONTREAL, April 1, 2021 /PRNewswire/ - Alithya Group inc. (TSX: ALYA) (NASDAQ: ALYA) ( Alithya ) is pleased to confirm the closing of its previously announced acquisition of R3D Conseil Inc. ( R3D Conseil ), a private digital solutions firm. This transformative transaction includes commercial commitments totalling approximately C$600 million in combined revenues during the initial 10-year term agreements. This represents annual minimum volume commitments of C$60 million, which firms up approximately C$25 million of existing volume and adds approximately C$35 million of new business, mainly in digital transformation and high added-value areas.
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