Quebec company acquires supply chain solutions firm

Syntax Systems, a Quebec-based technology solutions and services provider for cloud application implementation and management, has acquired Argon Supply Chain Solutions.

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

“The Argon team is renowned for its market leading knowledge and Digital Supply Chain excellence through their partnership with SAP,” said Christian Primeau, Global CEO of Syntax. “By welcoming the Argon team to the growing Syntax family, we are expanding our capabilities and infusing a critical component within our core industry verticals. Together, we are growing our services and reach to better serve our respective customers with full implementation lifecycle support for logistics execution.”

Argon co-founders Peter Kerr and David Webb said being part of Syntax means their company will have additional resources to grow their reach into new markets and industry verticals.

“Having worked together in the past, I am confident that our culture fit, and growing set of best-in-class capabilities will equally benefit our employees and our respective customers,” they said in a release. “Together, we are in a better position to further our mission of delivering operational performance improvements to a growing international customer base.”

“Novacap is proud to support Syntax’s acquisition of Argon,” added Ted Mocarski, senior partner at Novacap. “As committed partners, we are dedicated to advancing Syntax’s leadership in the SAP ecosystem, and application management and cloud services sector. The addition of Argon’s team and capabilities will help empower more businesses in the Consumer Products and Goods, Retail, Manufacturing, Wholesale and Distribution, Mining and Life Sciences verticals.”

Syntax is a portfolio company in the TMT VI Fund of Novacap, a North American private equity firm. Argon is Syntax’s seventh add-on acquisition since partnering with Novacap.