Capstone Partners served as exclusive financial advisor to Core Services Corporation in its sale to Syntax Systems, a portfolio company of Novacap.
Core Services provides a comprehensive suite of cloud managed services, application managed services, remote monitoring and consulting services to clients utilizing Oracle enterprise software.
Montreal-based Syntax Systems provides Oracle JD Edwards consulting and cloud managed services to clients across North America.
Novacap, which acquired Syntax Systems in 2016, is a Canadian private equity firm with over $1.6 billion of assets under management.
The combined Company will be a leading Oracle-focused cloud services, hosting and consulting services provider to mid-sized and large enterprises through operations across the U.S., Canada, India and Argentina.
The sale of Core Services is TM’s sixth transaction in the Oracle ecosystem.
When I made the decision to sell the business I founded over 25 years ago, I knew I needed an advisor who shared my passion and brought the same tireless work ethic that I expect of my employees. From my first meeting with [Capstone Partners], they never wavered in their dedication to the pursuit of my goals. [Capstone Partners] invested the time to understand the nuances of my business, gain the trust of my senior leadership team and develop a bespoke strategy perfectly tailored to my objectives. [Capstone Partners’] professionals were the epitome of integrity, creativity and diligence from start to finish and ultimately engineered a great outcome for me, my people and my customers.
