Alithya Group Inc.

Alithya Group Inc., in its going public transaction by way of a business combination with Edgewater Technology, Inc. and completion of a $52.8 million concurrent private placement

Client

Alithya Group Inc.

Value

-

Service

Mergers and Acquisitions

Date Closed

November 2018

Lead Office

Montréal


On November 1st, 2018, Alithya Group Inc. (“Alithya”), a Québec private corporation, announced the successful completion of the previously announced business combination between Alithya and Edgewater Technology, Inc. (“Edgewater”), a Delaware corporation listed on the NASDAQ Global Market.

On October 30, 2018, Alithya closed its previously announced bought deal private placement where an aggregate of 11,736,055 subscription receipts were issued at a price of $4.50 per subscription receipt for estimated gross proceeds of approximately $52.8 million. The Offering was completed through a syndicate of underwriters led by Desjardins Capital Markets, and including GMP Securities L.P., National Bank Financial Inc. and Echelon Wealth Partners Inc.

Alithya, is a leader in digital strategies and technologies in North America, offering information technology and management consulting services.

Edgewater is a publicly traded business and IT consulting firm with nearly 400 experts across the United States specializing in the implementation of Microsoft and Oracle enterprise and cloud solutions.

Osler, Hoskin & Harcourt LLP represented Alithya in both Canada and the U.S. with a team consisting of Shahir Guindi, François Paradis, Jason Comerford, Jeremy Brisset, Jie Chai and Jean-Philippe Bertrand (Corporate & Securities), Bastien Gauthier (Corporate Finance), Paul Seraganian, Alain Fournier and Jean-Philippe Dionne (Tax), and Fabrice Benoit and Julien Hynes-Gagné (Litigation) (with respect to the Arrangement).


Team
Shahir Guindi - Private Equity Lawyer

Shahir Guindi Ad. E.

National Co-chair

François Paradis

François Paradis

Partner, Corporate

Jason  Comerford

Jason Comerford

Partner, Corporate

Paul Seraganian - Cross Border Tax Lawyer

Paul Seraganian

New York Managing Partner

Jeremy Brisset

Jeremy Brisset

Associate, Corporate

Jie Chai

Jie Chai

Associate, Corporate

Bastien  Gauthier

Bastien Gauthier

Partner, Corporate

Jean-Philippe Bertrand

Jean-Philippe Bertrand

Associate, Corporate

Alain  Fournier

Alain Fournier

Partner, Taxation

Jean-Philippe Dionne

Jean-Philippe Dionne

Associate, Taxation

Fabrice Benoît

Fabrice Benoît

Partner, Litigation

Julien Hynes-Gagné

Julien Hynes-Gagné

Associate, Litigation