Calian sells U.S. commercial IT business to California-based tech consultancy Trace3

Calian Group Ltd. has agreed to sell its U.S. commercial IT business, located in Houston, to Trace3, a California-based technology consultancy. Under the agreement, Trace3 will pay approximately $43 million in cash and take on liabilities worth around $17 million. Calian, headquartered in Ottawa, intends to channel the proceeds from the sale towards organic growth initiatives and potential mergers and acquisitions.

The company's CEO, Patrick Houston, stated that the transaction will enable Calian to concentrate on its core markets, where it possesses the strongest competitive advantage and the most significant long-term prospects. The deal is anticipated to be finalized in Calian's fourth quarter, pending various approvals and customary closing conditions. This report by The Canadian Press was initially published on August 26, 2026.