Alithya Group inc. announced that the Company entered into an Amended and Restated Credit Agreement which, among other things, increases its existing revolving credit facility to CAD 140 million and its uncommitted accordion to CAD 50 million. Although this increase in availability is not currently required by Alithya, it provides the Company with adequate access to the capital it requires in order to continue on its accelerated growth path, both organically and through acquisitions. The Company also modified the term of the revolving credit facility which has been extended to April 1, 2026, with the possibility to extend such maturity date in one-year increments.

Alithya is excited about securing this strategic partnership with a lending syndicate composed of The Bank of Nova Scotia, as administrative agent and lender, and Fdration des Caisses Desjardins du Qubec, Bank of Montreal, and The Toronto-Dominion Bank, as lenders.