CRCD and IQ backed Alithya acquires TELUS’ Managed Web Services business

Alithya Group Inc. (TSX/NASDAQ: ALYA), a portfolio company of Capital Régional et Coopératif Desjardins (CRCD), Investissement Québec (IQ) and Industrial Alliance, has acquired TELUS Corporation (TSX: T; NYSE: TU)’s Managed Web Services activities. The transaction included the transfer of all customers of TELUS Managed Web Services as well as the transition of a small group of employees to Alithya’s existing Web team.

The acquisition closed effective November 1, 2018 when Alithya Group completed reverse take-over (RTO) of Edgewater Technology, Inc. (NASDAQ: EDGW).

TELUS, a backer of old Alithy Group, likely sold its Alithya stake following the closing of the RTO.

phot credit: Alithya Group

News Release

Alithya Acquires Managed Web Services Activities From TELUS

MONTREAL, Nov. 26, 2018 /CNW Telbec/ – Alithya, a leading company in strategy and digital technology with 2,000 highly skilled professionals delivering solutions across Canada, the US and Europe, is pleased to announce that it has signed an agreement with TELUS to acquire its Managed Web Services activities. The transaction includes the transfer of all customers of TELUS Managed Web Services as well as the transition of a small group of employees to Alithya’s existing Web team.

“We are very excited to acquire the Managed Web Services business from TELUS and to welcome the Web experts who have made this service evolve and shine in recent years,” said Paul Raymond, President and Chief Executive Officer of Alithya. “The addition of this new group of experts will enhance Alithya’s current offering in web solutions and enable us to expand our customer base and thereby strengthen our positioning in the highly-competitive web services market.”

Among the new range of digital services offered by Alithya are user experience and ergonomics (UX) services, graphic design, usability testing, informational, collaborative and transactional website development, business development, customized applications (web and mobile), digital marketing and search engine optimization (SEO). To learn more about our new services, visit https://alithya.com/en/technology/web-and-mobile-solutions/.

The information technology world has evolved significantly in recent years. These have become not only essential for day-to-day operations, but are increasingly acting as a catalyst for organizational transformation. Users are also increasingly demanding in terms of digital experience and require access to much more user-friendly tools. In this sense, the new Web expertise that this acquisition adds will bring a great added value to support companies in their digital evolution process.

The closing of the transaction, which value is not disclosed, took place on November 1st.

About Alithya Group
Alithya Group Inc. a leading company in strategy and digital technology with 2,000 highly skilled professionals delivering solutions across Canada, the US and Europe. Founded in 1992, the firm 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 digital technologies. Its clients mainly operate in the financial services, telecommunications, energy, transportation, health care and government services sectors. With 2,000 professionals across Canada, the United States and Europe, Alithya is an advocate for workforce diversity. As such, the firm is a member of the 30% Club, which encourages the participation of women in management roles, and is implementing immigrant-friendly recruiting initiatives. To learn more, go to www.alithya.com.

SOURCE Alithya
For further information: Gladys Caron, Vice President, Communication and Investor Relations, 514 285-5552 # 2891, gladys.caron@alithya.com

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