Benzinga | Apr 1, 2021 08:38AM EDT

Alithya Announces Closing Of Acquisition Of R3D Conseil

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.