PE-backed Alithya buys IT engineering consultantcy SWI

Alithya has acquired Systemware Innovation Corp (SWI), a Toronto information technology and software engineering consulting business. No financial terms were disclosed. Alithya, a Québec City provider of strategic consulting and information technology services, said the deal will add to its service offering, enhance its presence in financial, energy and transportation sectors, and enable expansion of its FinTech LAB services into Ontario. In January, the company raised $17 million in funding from Capital régional et coopératif Desjardins, Investissement Québec, Telus Ventures and iA Financial Group.

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