Toronto, Ontario – November 10, 2016 – Constellation Software Inc. (TSX:CSU) notes the announcement made today by ServicePower and confirms that its wholly-owned subsidiary Jonas Computing (UK) Limited (“Jonas UK”), part of the Jonas Operating Group (“Jonas Software”), is considering making an offer for the entire issued and to be issued share capital of ServicePower. If Jonas UK were to make an offer, it is intended that the offer would be made in cash. However, there can be no certainty that any offer for ServicePower will be forthcoming, nor as to the terms of any such offer.
A further announcement will be made as and when appropriate.
About Jonas Software
Jonas Software operates over 50 independently managed software companies around the world, providing them with the strategic guidance and financial security required to be leaders in their respective markets. With our roots formed in the Construction and Club Management markets, our reach has grown extensively within the Hospitality and Industrial verticals, and today we are proud to supply industry leading enterprise management software and related services to 17 vertical markets.
About Constellation Software Inc.
Constellation Software acquires, manages and builds vertical market software businesses.
Chief Financial Officer