We are proud to announce the acquisition of Canadian company Meritek Inc, a specialist in IT and digital transformation, operating primarily in the banking, insurance and transportation sectors.

This operation is part of an active strategy to develop our international footprint and consolidate our sector positions. It also allows us to significantly strengthen our offer in this major region of the world.

The Group now has more than 400 employees in Canada, spread over offices in Montreal, Toronto and Quebec, for a turnover of over 30 million euros (CAN $ 50 million).

“We are happy to join an international group with significant growth prospects. In a market marked by a skills shortage, joining a global group promoting mobility will allow us to offer a global approach to our customers and support them wherever they operate”, said François Chartrand, President of Meritek.

“Meritek has an enviable reputation, and we share the same values, the same work ethic. We fully support the strategy and orientations of Meritek which must continue its activity in the same continuity. At the same time, we will be keen to maximize synergies with Astek”, declared Michel Boucher, President of Astek Canada, confident in the momentum that this merger can generate, while Astek is already achieving growth of over 30% in 2020 in Canada.

Julien Gavaldon, Astek Group’s Chairman of the Board, declares: “We are delighted to welcome Meritek to the Group to strengthen our expertise in the banking and transport sector. This is also an important stage of growth: we are reaching a dimension that allows us to retain our reciprocal customers and support new ones in all of their digital ambitions”.

The Astek Group plans to continue its policy of targeted acquisitions, which, combined with double-digit organic growth (especially internationally), will enable its turnover to reach 500 million euros in 2024.