- And Strengthening Its Digital Adoption and Change Management Practice
Alithya Group inc. is pleased to announce that it has completed the acquisition of US-based Vitalyst, LLC for a purchase price of up to US$50.2 million. Vitalyst is an award-winning Microsoft Gold Partner providing best-in-class employee experience and transformative change enablement via the on-demand, subscription-based Adaptive Learning™ proprietary platform.
Vitalyst accompanies Fortune 1000 companies in the adoption of cloud-based, Microsoft business applications. Its more than 165 professionals currently support over 350 business applications for over 400 clients that operate in more than 20 countries. Its services are offered in over 10 languages and drive usage and awareness of Microsoft applications, allowing organizations to achieve the maximum return on their investment by enhancing user proficiency and productivity. The North American Learning and Development industry was over US$50 billion in 2020 and has continued to grow rapidly. The unprecedented increase in the demand for teleworking and the shortage of qualified talent is accelerating the need for employers to provide their employees with the most efficient and agile way to access virtual business application experts and tools in order to accelerate the adoption of new cloud technologies.
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Paul Raymond, President and Chief Executive Officer, Alithya:
“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.”
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Russell Smith, President, Alithya US:
“Vitalyst is a great addition to Alithya, and I look forward to working with Barry and the Vitalyst team. The Vitalyst experts will be able to accelerate growth by tapping into our other global clients and, conversely, add to our offerings for a variety of the business applications we support. Their employee experience and transformative change enablement expertise via an on-demand, subscription-based Adaptive Learning™ proprietary platform will now enable us to continue serving our clients, post implementation, in order to help them accelerate the adoption and impact of their digital transformation investments. The Adaptive Learning™ platform is highly complementary to our Microsoft and change management practices, helping clients to get the most out of the technologies they implement and increase the productivity of their people.”
Barry O’Donnell, Vitalyst:
“I am very excited for Vitalyst to be joining Alithya, a growing world-class organization that also enjoys a highly-valued Microsoft partnership. This represents an opportunity for our existing clients to benefit from Alithya’s Microsoft expertise while enabling Alithya customers to leverage our Adaptive Learning™ platform to accelerate their digital transformation. This transaction also represents incredible career opportunities for our people as they join one of the fastest growing digital transformation leaders.”
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