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Announced

Alithya to acquire Vitalyst from Baird Capital for $50m.

Synopsis

Alithya, a North American digital strategy and technologies company, agreed to acquire Vitalyst, a technology support services company, from Baird Capital, a private equity firm, for $50m. "I am proud to welcome Vitalyst to the Alithya community. In Vitalyst, we found a highly skilled team with a culture and vision in strong alignment with Alithya's values and corporate objectives. Vitalyst's blue-chip customer base, and its virtual Adaptive Learning™ platform, provide strong bases for continued success in the years to come. The impressive roster of Fortune 1000 clients that Vitalyst has supported, many for more than 25 years, and its status as a Microsoft Partner-of-the-Year, are a testament to the quality of its offering. In a world of growing reliance on digital technologies and a shortage of qualified personnel, the capacity to accelerate the development of the existing and future workforce will be one of many strategic differentiators for Alithya and its clients," Paul Raymond, Alithya President and CEO.

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