Alithya To Acquire Datum, Adding Recurring Saas Revenues And Growing Global Capabilities
Jun 01, 2022•about 3 years ago
Acquiring Company
Alithya Group
Acquired Company
Datum
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).
M&A Insights
Based on deal dataIntegration 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