The combination of their offerings results in a broad portfolio of technological proposals for the industrial world, strengthens SAP® expertise and professional services talent, while expanding the global reach and regional resources available
MADRID, Nov. 2, 2023 /PRNewswire/ -- Syntax Systems, a leading global provider of technology solutions and services for the deployment and management of cloud applications, and Montreal-based Beyond Technologies, today announced the successful completion of the acquisition operation. The agreement, which was announced on October 3, 2023, brings Beyond, a professional services firm specialized in the integration of SAP® solutions and the optimization of business performance, to the Syntax family.
The combination of Syntax and Beyond creates a team of more than 2,800 experts serving more than 900 medium and large enterprise clients around the world, with 26 offices in the Americas, Europe, Africa and Asia.
"Bringing together the Syntax and Beyond teams perfectly aligns with our strength in delivering industry-first capabilities. We see great opportunity in creating greater value for customers by combining our expertise in manufacturing, natural resources, construction , retail, consumer industries, human sciences and public sector," says Christian Primeau, Global CEO of Syntax. "Our close relationship with SAP, and sharing very similar business cultures and values, will allow us to integrate into a global team quickly and achieve a faster return on investment." Primeau will continue to lead Syntax as Global CEO.
"As a leader of a technology business, you must continually ask yourself, how can I serve the interests of my clients both now and in the future?" says Luc Dubois, Partner and CEO, Beyond Technologies. "Being part of the Syntax family opens up that path for us into the future thanks to greater geographic reach and professional experience and more solutions for clients in areas such as security, data and IoT. With Syntax as a partner, we have the advantage of maintaining our nature of local company, with the necessary support to expand our reach.
The joint value of Syntax and Beyond Technologies
"Today's business environment is in a process of constant transformation. Now more than ever, companies of all sizes need a technology partner to unlock their transformation strategies and drive business results," said Pascal Tremblay, President and CEO, Managing Partner by Novacap. "Syntax's acquisition of Beyond Technologies represents our continued commitment to customer success, ecosystem collaboration, good corporate citizenship, and being a go-to employer for technology talent. As a joint team, we are very optimistic about the potential for value creation for various stakeholders.
Syntax is part of the portfolio of Novacap TMT, a Montreal-based venture capital firm.
About SyntaxSyntax offers comprehensive technology solutions and professional, advisory and application management services that power mission-critical enterprise applications in the cloud. With more than 50 years of experience and more than 800 clients worldwide, Syntax has deep knowledge in the implementation and management of multiple ERP deployments in public, private and secure hybrid environments. Syntax has agreements with SAP, Oracle, JD Edwards, AWS, Microsoft and other major global technology leaders to ensure its customers' applications are seamless, secure and at the forefront of enterprise technology innovation. More information about Syntax at https://www.syntax.com/es-es/
About Beyond TechnologiesFounded in 2005, Beyond Technologies has grown from 100 to more than 400 professionals in the last five years, and today supports more than 150 organizations through its seven offices in Canada, the United States, France, Morocco and South Africa. Beyond Technologies specializes in providing organizations with SAP insights, tools and solutions to digitally transform their businesses. Beyond Technologies is recognized as one of Canada's 20 Best Workplaces™ and one of Canada's Best Managed Companies, and its service offering spans the entire transformation cycle, from cross-sector functional and technical business consulting to customer experience, project management, business intelligence, as well as continuous business and performance improvement. For more information, visit https://www.beyondtechnologies.com.
About NovacapFounded in 1981, Novacap is a leading North American private equity firm with over C$8 billion in aggregate capital, investments in over 100 platform companies and over 150 bolt-on acquisitions. Applying its sector-focused approach since 2007 across Industries, TMT, Financial Services and Digital Infrastructure, Novacap's extensive sector experience can accelerate business growth and create long-term value. With experienced and dedicated investment and operations teams, as well as significant capital, Novacap has the resources and knowledge necessary to help build world-class businesses. Novacap has offices in Montreal, Toronto, and New York. Learn more at www.novacap.ca.
Press ContactGraylingElena Pastorsyntax@grayling.com647586360
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