Summary: Syntax, a Montreal-based provider of managed services and infrastructure hosting for ERP applications, acquired Freudenberg IT (FIT). FIT is a service provider/MSP focused on the SAP platform. It provides consulting, managed services, application management and infrastructure hosting for SAP environments. The services extend across on-premise, hosted and public cloud infrastructure deployments. FIT has the ability to manage customers that want to run SAP on Azure. FIT has operations that span globally and brings a headcount of 850. The deal adds a significant SAP capability to Syntax’s portfolio, which slants to Oracle/JD Edwards. Syntax is backed by Montreal-based Novacap, an experienced investor in infrastructure service providers. MVP Capital advised Novacap.
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