Calian completes sale of U.S. commercial IT business for CAD $43 million
AI Summary- Calian completed the sale of its Houston-based U.S. commercial IT business to Trace3.
- Calian received approximately CAD $43 million upfront, while Trace3 assumed CAD $17 million in net liabilities.
- The transaction followed terms announced on August 25, 2026, with Stifel and LaBarge Weinstein advising Calian.