Sale of Illumiti to Syntax Systems (a portfolio company of Novacap)

Technology - IT services & software

KPMG Corporate Finance acted as financial advisor to Illumiti (or the “Company”) on its sale to Syntax Systems Ltd. (“Syntax”), a portfolio company of Novacap.

Illumiti is a leading systems integration and management consulting company with offices in Canada, the United States, and Switzerland, serving customers globally. The Company’s 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 business by implementing custom-fit SAP software solutions. Illumiti is a member of United VARS, a SAP Platinum Partner.

Founded in 1972, Syntax is a multi-cloud and multi-ERP managed cloud provider for mission-critical applications to businesses of all sizes worldwide. Syntax serves corporations across a diverse range of industries and markets and partners with SAP, Oracle, AWS, Microsoft, IBM, HPE, and other global technology leaders.

Novacap is a Montreal-based private equity firm, focused on buyouts and growth equity opportunities in the middle market, Technology, Media, and Telecommunications (“TMT”), and Financial Services.