TORONTO, ONTARIO, April 21, 2017 – Constellation Software Inc. (“Constellation”) (TSX: CSU) today announced that its wholly-owned division Volaris Group (“Volaris”) has entered into an agreement to acquire an Asset Management software provider of telematics solutions. Completion of the acquisition remains subject to mutually agreed closing conditions.
About Volaris Group
Volaris acquires, strengthens and grows vertical market technology companies. As an Operating Group of Constellation Software Inc., Volaris is all about strengthening businesses within the markets they compete and enabling them to grow – whether that growth comes through organic measures such as new initiatives and product development, day-to-day business, or through complementary acquisitions. Learn more at www.volarisgroup.com.
Constellation Software acquires, manages and builds vertical market software businesses.
For further information, contact:
Constellation Software Inc.
Jamal Baksh, Chief Financial Officer
Tel: (416) 861-9677