Announced

CDPQ to acquire a 20% stake in Beyond Technologies.

Synopsis

Caisse de dépôt et placement du Québec, a global investment group, agreed to acquire a 20% stake in Beyond Technologies, a provider of SAP solution integration and business process optimization services. Financial terms were not disclosed. “With the seismic technological shift in the past years of organizations pushing their business to cloud-based and online transactional models, we see rising demand for SAP and business transformation solutions. On our path for growth, we are excited to welcome CDPQ as an investor, whose long-term commitment to help Canadian-based companies succeed internationally, robust expertise in M&A, and international network of offices and partners will support our ambitions, which include growth through strategic acquisitions,” Luc Dubois, Beyond Technologies CEO.

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