M&A Deal Summary

Syntax Acquires Solutions Beyond Technologies

On November 3, 2023, Syntax acquired information technology company Solutions Beyond Technologies from CDPQ

Acquisition Highlights
  • This is Syntax’s 6th transaction in the Information Technology sector.
  • This is Syntax’s 2nd transaction in Canada.
  • This is Syntax’s 1st transaction in Quebec.

M&A Deal Summary
Date 2023-11-03
Target Solutions Beyond Technologies
Sector Information Technology
Buyer(s) Syntax
Sellers(s) CDPQ
Deal Type Add-on Acquisition

Target

Solutions Beyond Technologies

Montreal, Quebec, Canada
Solutions Beyond Technologies specialized in SAP solution integration and business process optimization. We offer intelligent, practical, and innovative solutions that give our clients a competitive edge, in a timely and cost-effective manner. Solutions Beyond Technologies was founded in 2005 and is based in Montreal, Quebec.

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Buyer(S) 1

Buyer

Syntax

Montreal, Quebec, Canada
Category Company
Founded 1972
Sector Information Technology
DESCRIPTION

Syntax is a provider of tech solutions for businesses in North America. Syntax has been providing comprehensive technology solutions to businesses of all sizes throughout North America. Syntax delivers the best combination of software, infrastructure, and cloud solutions to meet the needs of its diverse range of customers. Syntax partners include Oracle, IBM and other world-class technology leaders. Syntax was founded in 1972 and is based in Montreal, Quebec.

DEAL STATS #
Overall 6 of 7
Sector (Information Technology) 6 of 7
Type (Add-on Acquisition) 6 of 7
State (Quebec) 1 of 1
Country (Canada) 2 of 2
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-22 Illumiti

Thornhill, Ontario, Canada

Illumiti is a systems integration and management consulting company. Illumiti helps its clients achieve optimized operations in the key areas at the core of their business by implementing custom-fit SAP software solutions at a lower cost, and at a lower risk than other alternatives. Illumiti was founded in 2000 and is based in Thornhill, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-15 Argon Supply Chain Solutions

Cape Town, South Africa

Argon Supply Chain Solutions is a firm specializing in warehouse management and supply chain optimization solutions and SAP Gold Partner. It serves a growing range of multi-national customers across the world through its presence in the UK and South Africa. Argon Supply Chain Solutions is based in Cape Town, South Africa.

Buy -

Seller(S) 1

SELLER

CDPQ

Investor Investor Investor Investor Investor

Category Asset Manager
Founded 1965
PE ASSETS 80.0B CAD
Size Mega
Type Sector Agnostic
DESCRIPTION

CDPQ is a global asset management firm focused on a variety of investing strategies including fixed income, real estate, infrastructure, private equity, venture capital, and public equities. Within private equity, CDPQ looks to acquire significant minority stakes in businesses operating in a variety of sectors and seeks to commit $250 million to $1 billion per transaction. CDPQ was established in 1965 and is headquartered in Montreal, Quebec.

DEAL STATS #
Overall 13 of 16
Sector (Information Technology) 1 of 2
Type (Add-on Acquisition) 4 of 5
State (Quebec) 5 of 7
Country (Canada) 6 of 8
Year (2023) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-03 H2O Innovation

Quebec City, Quebec, Canada

H2O Innovation is a provider of membrane filtration solutions for water treatment. H2O Innovation was founded in 2000 and is based in Quebec City, Quebec.

Buy CA$395M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-29 Solotech

Montreal, Quebec, Canada

Solotech provides audio services, installations, and rentals of production units. Solotech was founded in 1977 and is based in Montreal, Montreal.

Buy -
Mergr

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