Logient Group Sold to Onepoint Subsidiary After NOI Filing

Logient Plus Inc., Logient Inc., Logient IP Inc., and 9545-4997 Québec Inc. (doing business as Nventive) filed Notices of Intention to Make a Proposal under the Bankruptcy and Insolvency Act on September 26, 2025, amid mounting financial pressures from fixed-price contract losses, high interest costs, and a slowing technology services market.

Based in Montreal, Logient is a long-established software engineering and consulting group specializing in custom enterprise applications, digital transformation, and systems integration for corporate and public-sector clients. Its affiliated entity, Nventive, focuses on mobile and cloud development. Together, the companies employed approximately 280 full-time staff and 125 consultants, operating from offices in Montreal and Quebec City.

Court filings attribute the insolvency to a combination of declining demand for IT services in 2024–25, rising borrowing costs, and losses on legacy fixed-price contracts that eroded margins. The group had also incurred substantial debt to finance earlier acquisitions. As of the NOI filing, Desjardins Capital Markets was owed approximately $44 million, and Investissement Québec roughly $23.8 million, both on a secured basis.

On September 29, 2025, the Superior Court of Quebec (Commercial Division) granted an Approval and Vesting Order authorizing the sale of substantially all assets of the Logient Group to Wepoint Canada Innovation Inc. and Wepoint Canada Développement Inc., subsidiaries of the French digital consulting group Onepoint. The transaction closed on September 30, 2025, preserving nearly all jobs and ongoing client contracts.

The going-concern sale generated proceeds sufficient to satisfy the secured lenders in full, while providing a recovery for priority and unsecured creditors above liquidation value. The purchasers intend to continue operating the Montreal-based business as Wepoint Canada, integrating it into Onepoint’s North American digital strategy practice.

FTI Consulting Canada Inc. is the Proposal Trustee. Lavery, de Billy S.E.N.C.R.L. acts for the debtors, McCarthy Tetrault LLP for Desjardins Capital Markets, Blake, Cassels & Graydon LLP for the proposal trustee, and Norton Rose Fulbright for Investissement Québec.