Constellation Software’s Jonas Operating Group Completes Acquisition of MCR Enterprise Solutions, and its wholly owned subsidiary MCR Systems Limited

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Toronto, Ontario, October 30, 2017 – Further to its previous press release of October 25, 2017 in connection with its acquisition of an electronic point of sale systems and software provider, Constellation Software Inc. (“Constellation”) (TSX: CSU) today provided further detail regarding said acquisition.  Constellation confirmed that its wholly-owned subsidiary, Jonas Computing (UK) Limited (“Jonas”) acquired MCR Enterprise Solutions Limited (“MCR”), the parent company of MCR Systems Limited, a leading provider of software and electronic point of sale technology to the hospitality, catering and leisure industries. MCR has an installation base of thousands of point of sale systems and a proven track record supplying and supporting leading multi-site, multi brand and multi-concept organisations.

“MCR, with its strong presence in the hospitality, catering and leisure markets, is a valuable addition to the Jonas group of companies,” said Barry Symons, CEO of Jonas. “We are very excited to welcome MCR’s dedicated customers and employees to our organization.”

About MCR

Established in 1978, MCR has over thirty five years’ experience in providing hospitality, catering and leisure organisations with enterprise management solutions which directly improve the efficiency of their business operations. MCR does this by combining high quality software, cutting edge electronic point of sale technology and an unrivalled level of experience in providing installation, customer training, support and consultancy services.

About Jonas

Jonas Software operates over 70 independently managed software companies around the world, providing them with the strategic guidance and financial security required to be leaders in their respective markets. From its roots formed in the construction and club management markets, Jonas’ reach has grown extensively within the hospitality, fitness and industrial verticals. Today, Jonas is proud to supply industry leading enterprise management software and related services to 20 vertical markets.

About Constellation Software Inc.

Constellation Software acquires, manages and builds vertical market software businesses that provide mission-critical software solutions.

Contact Information:

Constellation Software Inc.

Jamal Baksh, Chief Financial Officer

Jonas Software

Barry Symons, Chief Executive Officer


October 30th 2017

October 30, 2017