Levio acquires management consulting firm Landry & Associates
Levio, a Quebec-based technology consulting firm, has acquired Landry & Associates, a Montreal-based boutique management consultancy.
Founded in 2008, Landry & Associates provides advisory services in business analysis, performance, risk, human capital, training, sustainability, technology, and cybersecurity. The firm also delivers technology solutions in anti-fraud, cybersecurity, and dashboards – partnering with tech providers such as Cloudflare, FireEye, and MoneyWorks.
The firm has more than 20 employees, according to LinkedIn.
Levio’s acquisition of Landry & Associates will strengthen its digital transformation capabilities and continue its expansion in Canada.
“The combination of our teams positions us advantageously on the market, with the addition of new talent and the diversification of our client base. The unique expertise of the Landry & Associates team in cybersecurity and business management, combined with Levio's expertise, constitutes a key solution for companies wishing to succeed in their digital transformations," said François Dion, CEO of Levio.
Levio has grown at a breakneck pace since its founding in 2014. The firm had reached 600 employees by 2019, when it was named the second-fastest-growing company on the Canadian Business Growth 500 ranking. In the last two years, the firm has more than doubled to 1,350 employees across eight offices in Canada, the US, and Morocco.
The firm last year acquired Montreal-area IT consultancies ERP Connex and Logimethods. Levio also added 400 new jobs across its operations, including 200+ roles in Montreal and Quebec City.
Commenting on the merger, CEO Claude Landry said, “For over 13 years, the team at Landry & Associates has made a significant difference for many organizations, successfully accompanying them in their technological and business imperatives. Thanks to our exceptional team, we have been able to establish ourselves as a key player in a very competitive market.
“It is time to join forces with a leading local company with whom we share strong values and the desire to promote the province of Quebec’s know-how, so that together we can accelerate our growth.”
Financial terms of the transaction were not disclosed.