The Milestones of Alithya's History
In March, Alithya signs an agreement in principle for the acquisition of US-based Edgewater Technology in order to create a North American leader in strategy and digital technology. When the deal was finalized on November 1st, Alithya became a publicly-traded company and its shares are now traded on NASDAQ and the Toronto Stock Exchange. With this acquisition, Alithya now counts 2,000 professionals.
Alithya acquires Systemware Innovation Corporation (SWI), a Toronto-based information technology and software engineering consulting firm. The transaction allows Alithya to further diversify its service offerings and expand its client base in Ontario. The same year, Alithya wins the Prix Créateur d’emplois au Québec, which acknowledges achievements in job creation.
A fourth institutional investor – Industrial Alliance Financial Group – joins the adventure. This in turn allows Alithya to acquire Pro2P, Quebec’s foremost private Oracle suite integrator.
Desjardins, TELUS Ventures and Investissement Québec (IQ) become partners and strategic investors of Alithya. These partnerships lead to a series of large-scale acquisitions, including TELUS’ professional services business unit in Quebec and Groupe conseil OSI, bringing Alithya’s workforce to 1,200 professionals.
In light of that experience, the firm executes its daring strategic plan and begins to overhaul its image. The Alithya brand as we know it today is then introduced. The new image represents a company built on transparency, trust, integrity and social engagement.
In 2011, Paul Raymond and Pierre Turcotte invest in the firm and buy out 100% of an external partner’s shares. They become, alongside Ghyslain Rivard, the three controlling shareholders of the company. The firm then embarked on a new accelerated growth plan to become an alternative to the industry giants. An initial acquisition (Sinapse) was carried out in 2012 and Alithya’s personnel went up to 500 experts.
Thanks to an outside minority investment, CIA goes on to acquire 11 companies. The firm first acquires Paris-based IPSI in 1999, then successively acquires EAP, Techlink, Gestion Pierre Jutras, Europfiles, Optitech, Zinnia, Eva, Addx, Eureka and lastly ERS in 2005. As a result of these numerous acquisitions, CIA now has offices across France and Eastern Canada.
Alithya, known as CIA (Conseillers en informatique d’affaires) at the time, is founded by 11 former Desjardins employees under the leadership of Ghyslain Rivard (Founder).