October 2026
Largest IT Consulting Public Companies in Canada
Benchmark revenue and EBITDA valuation multiples for public comps like
CGI, Calian Group, Alithya Group, NTG Clarity Networks and Predictiv AI.
 | CGI is a Montreal-headquartered global information-technology and business-consulting company. It provides systems integration, managed services, application development, business consulting and technology outsourcing across industries. The group serves government agencies and large commercial clients in financial services, healthcare, communications, manufacturing and other sectors. Revenue comes from consulting projects, managed-service contracts, software and long-term outsourcing arrangements. Founded in 1976, CGI expanded internationally through organic growth and numerous acquisitions of technology-service providers. Its operating model combines local client relationships with global delivery centers and long-duration service contracts. CGI Group acquired Pangaea Systems after shareholders approved the offer on 21 February 2006. That transaction transferred the Saskatchewan software company to a strategic technology-services buyer and ended Investment Saskatchewan’s equity holding. | $72 | -19% | $15B | $18B | 1.6x | 8.9x | ||
| Calian Group Ltd provides services to industry and government across health, learning, defence, security, aerospace, engineering, AgTech, satcom, and IT. The company operates through four segments: Advanced Technologies, Health, Learning, and IT and Cyber Solutions (ITCS), with majority revenue from Advanced Technologies. Its solutions cover cybersecurity and cloud services, communication and connectivity, antennas and SatCom solutions, enterprise IT and managed services, defence and military support, software and embedded design, modelling and simulation, and healthcare services, including virtual care, psychological services, staff augmentation, and pharma PSP and CRO services. It generates the majority of revenue from Canada and has a presence in the United States, Europe, and other. | $58 | +60% | $665M | $757M | 1.4x | 13.3x | ||
| Alithya Group Inc is a professional services firm providing IT services and solutions through the optimal use of digital technologies in the areas of strategic consulting, enterprise transformation, and business enablement. Its professionals identify optimal technology applications, including AI-driven solutions, to deliver practical IT services and solutions to tackle complex business challenges for clients in the financial services, insurance, healthcare, manufacturing, government, energy, higher education, telecommunications, transportation and logistics, professional services, and other sectors. The company has three operating and reportable segments based on geography: Canada, which generates the maximum revenue, the U.S., and International. | $1 | -38% | $77M | $164M | 0.5x | (32.6x) | ||
| NTG Clarity Networks Inc provides digital transformation solutions: software development outsourcing, and software products. The group provides engineering, Information Technology, networking services, and develops niche software products for telecommunications and utilities. It also expanded into the financial and government sectors, providing technical resources and products to assist customers with projects that include digital transformation. The company has two operating segments: NTG Canada and NTG Egypt. The company generates the majority of its revenue from the NTG Canada segment. | $0 | -76% | $15M | $16M | 0.3x | 2.2x | ||
| Predictiv AI Inc is a software and solutions provider in the artificial intelligence and industrial Internet of Things (IoT) markets. It is a technology company that helps businesses and organizations make smarter decisions using artificial intelligence, deep machine learning, and data science techniques. | $0 | -- | $10M | $11M | 198.0x | (1.7x) | ||
| Median | $1 | -28% | $77M | $164M | 1.4x | 2.2x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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