logo
logo

Alithya To Acquire Datum, Adding Recurring Saas Revenues And Growing Global Capabilities

Jun 01, 2022about 3 years ago

Acquiring Company

Alithya Group

Acquired Company

Datum

MontrealInformation TechnologyAnalytics

Description

Alithya Group inc. (TSX: ALYA) (NASDAQ: ALYA) ("Alithya") is pleased to announce that it has entered into a binding agreement to acquire US-based Datum Consulting Group, LLC and its affiliates ("Datum" or "the Company") for a purchase price of up to US$45.5 million (C$57.5 million), including potential earn-out considerations of up to US$13.0 million (C$16.4 million).

Company Information

Company

Alithya Group

Location

Montreal, Quebec, Canada

About

Alithya Group Inc. is a professional services firm that provides strategy and technology consulting, Microsoft and AWS cloud management services, and data and analytics in the healthcare sector

Related People

Sign in to view contact details

Sign in to view contact details

Sign in to view contact details

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed