On April 3, 2017, Alithya, one of Canada’s leading strategy and information technology consulting firms, announced its acquisition of Systemware Innovation Corporation (SWI), a Toronto-based information technology and software engineering consulting firm. SWI is a leader in business intelligence and analytic solutions servicing clients mostly in the Ontario region for over 35 years. This transaction will reinforce Alithya’s service offering and enhance its presence within the financial, energy and transportation sectors, in addition to enabling the expansion of its FinTech LAB services to the Ontario market.
In line with its North American growth plan, this transaction will enable Alithya to strengthen its talent pool with the addition of 200 highly qualified consultants and a talented Toronto-based management team who will be dedicated to servicing Ontario-based customers. Additionally, Alithya will access SWI’s high-profile clients who will benefit from Alithya’s increased capacity and ability to take on major projects across a broader base of industry sectors.
Stikeman Elliott LLP acted as outside counsel to Alithya, assisting VP Legal Marc Cantin, with a team that included Jean Marc Huot, Gayle Noble, Allison Jaskolka and Samantha Allen (corporate), Marie-Andrée Beaudry and Nathaniel Lacasse (tax), and Alex Lemoine and Stephanie Pasternyk (employment).
McCarthy Tétrault LLP advised SWI with a team led by George Takach that included Patrick McCay, Saqib Butt and Julia Johnson.