Syntax

Canaccord Genuity Advises Managed Cloud Provider Syntax, a Portfolio Company of Novacap, on its Acquisition of SAP Platinum Partner Illumiti

Canaccord Genuity is pleased to announce that it has advised Syntax, the leading multi-cloud and multi-ERP managed cloud provider for mission-critical applications, on its acquisition of Illumiti, one of the preeminent SAP systems integration and management consultancies in North America and an SAP Platinum Partner. Syntax is a portfolio company of Novacap.

Syntax, which provides comprehensive technology solutions to businesses of all sizes, with thousands of customers trusting the company with their IT services and ERP needs, is a leading Managed Cloud Provider for Mission Critical Enterprise Applications. The company has undisputed strength to implement and manage ERP deployments for SAP and Oracle, among others, in a secure, resilient, private, public, or hybrid cloud. With strong technical and functional consulting services and world-class monitoring and automation, Syntax serves corporations across a diverse range of industries and markets. The company has offices worldwide and partners with SAP, Oracle, AWS, Microsoft, IBM, HPE, and other global technology leaders.

Illumiti is a leading systems integration and management consulting company with offices in Canada, the United States, and Switzerland serving customers globally. Its experienced team enables customers to realize their vision by leveraging the world’s leading on-premises and cloud-based business applications. Illumiti helps its clients achieve optimized operations in the key areas at the core of their businesses by implementing custom-fit SAP software solutions at a lower cost and at a lower risk than other alternatives. Illumiti is a member of United VARS, an SAP Platinum Partner.

By joining forces, Syntax and Illumiti are able to offer companies unparalleled, end-to-end technical and functional SAP solutions and expertise. Through this acquisition, and the addition of more than 250 SAP professionals, Syntax enters a unique, market-leading position in North America and beyond, combining the companies’ strengths across all layers of the enterprise application technology stack – from cloud infrastructure and managed services to ERP implementation, application support, enhancement, and related business consulting services. Illumiti will operate as an autonomous Syntax company and offer all Syntax solutions to its customers.

Canaccord Genuity, with a team led by JP Michaud, served as the exclusive financial advisor to Syntax and Novacap.