Alithya Group inc. (“Alithya”) is pleased to announce the acquisition of eVerge Interests, Inc. and its subsidiaries (“eVerge”) for a purchase price of US$23.5 million, including a potential earnout of US$4.7 million, subject to certain post-closing conditions, all payable in cash.
eVerge specializes in enterprise applications and transformation services with expertise in Salesforce Customer Relationship Management (CRM), and Oracle Human Capital Management (HCM) and Customer Experience (CX) and other complementary technologies. With a team of approximately 160 professionals, eVerge operates from locations across the U.S. and India.
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Quote by Paul Raymond, President and CEO of Alithya: “I am very proud to welcome the eVerge team to Alithya. Esteban Neely has built a trusted advisory firm over the past 30 years and has chosen Alithya to elevate his business to new heights. eVerge brings established expertise that now allows us to offer Salesforce solutions to Alithya’s clients, deepen our Oracle expertise, increase our AI capabilities, and expand our presence in India. eVerge has a well-respected leadership team, a similar culture, and a history of success.”
Quote by Mike Feldman, Senior Vice President, Enterprise Applications & Transformation, of Alithya: “This acquisition introduces Salesforce as a new enterprise application platform and practice for Alithya and provides additional CRM options for our clients. eVerge’s Oracle CX practice completes our multi-pillar Oracle footprint and our ability to offer a seamless enterprise application experience to our Oracle clients. Alithya has a strong Oracle HCM presence in healthcare, and this transaction will enable us to continue extending HCM capabilities to industries such as manufacturing, financial services, professional services, public sector, energy, engineering and construction, and utilities. Overall, we believe these new services, each with opportunities to use native GenAI capabilities in Salesforce CRM and Oracle HCM, will enable us to provide our clients with greater flexibility to choose the best technology platform suited for their business, while strengthening our ability to deliver transformative solutions.”
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Quote by Esteban Neely, Founder of eVerge:”With Alithya’s proven reputation in business transformation and its role as a trusted advisor, we are delighted that eVerge is joining forces with them. This collaboration brings together eVerge’s seasoned expertise in Oracle and Salesforce with Alithya’s extensive digital transformation proficiency. This synergy offers eVerge’s clients access to a breadth of digital transformation expertise and innovative solutions. Additionally, this merger provides enhanced career growth opportunities for eVerge’s talented professionals within an organization that shares similar values and ambitions. Together, we are set to deliver exceptional value and transformative results to our clients.”
Mr. Neely will continue to support the eVerge business as a consultant to Alithya during a 12-month transition period, ensuring a seamless integration and maintaining high quality services for our clients.
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Source – PR Newswire
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