Optitex acquired by fog software group, a division of. Cake develops a saasbased software that provides lead generation and affiliate and multichannel marketing solutions for advertisers and publishers. Constellation software adds csystems to its dealership software group. Optitex acquired by fog software group apparel industry. The companys quarterly results will be disseminated via press release and made available on the companys website. A total of 4 acquisitions came from private equity firms constellation softwares largest acquisition to date was in 2014, when it acquired total specific solutions b. Constellation software mergers and acquisitions summary. Private equity firms muscle into constellation softwares. Constellation software is an international provider of market leading software and. The company acquires, manages and builds vertical market software businesses that provide software solutions.
Opentext corporation also written opentext is a canadian company that develops and sells enterprise information management eim software opentext, headquartered in waterloo, ontario, canada, is canadas largest software company as of 2014 and recognized as one of canadas top 100 employers 2016 by mediacorp canada inc opentext software applications manage content or unstructured data. Exceptional vertical market software companies are exceedingly rare. Indeed may be compensated by these employers, helping keep indeed free for job seekers. Csu is pleased to announce it has acquired the envirosoft corporation and envirotechs environmental management. Perseus, a constellation software division, completes. Constellation software inc company profile toronto, on, canada. Constellation software last year i asked my friends to send me the names of the companies run by able and honest managers like warren buffett. Constellation softwares jonas operating group acquires. Constellation software inc announce the acquisition of. All content is posted anonymously by employees working at constellation software. Constellation software to acquire computer software. Indeed ranks job ads based on a combination of employer bids and relevance, such as your search terms and other activity on indeed. Toronto, on, july 3, 2018 constellation software inc. Constellation software acquires small software companies that serve specific markets.
Constellation software completes acquisition of computer. Which types of acquisition does this organization make most frequently. It looks for companies with growth potential in specific markets and. Constellation software has become one of canadas biggest publicly traded technology companies by playing the acquisition game a very different way than most.
Constellation softwares growth plan is failing, michael. Constellation softwares novel and innovative way to raise. We acquire, manage and build industry specific software businesses which provide specialized, missioncritical software solutions that address the. Announces results for the second quarter ended june 30, 2019 and declares quarterly dividend. In this age of zero privacy, mark leonard has managed to maintain a practically unthinkable level. Markham, on, december 19, 2014 constellation homebuilder systems chs is proud to announce the acquisition of conasys inc. To announced today it will release its fourth quarter results on february, 2020. This is the constellation software company profile. Constellation got roped into the broader tech selloff over the past two months but the torontobased company began its downturn early, as investors responded to an earnings miss at the end of july. Constellation software adds csystems to its dealership.
Private equity firms muscle into constellation softwares back yard canadas largest software company is a rollup machine with an empire of 260. Constellation targets its acquisitions on software. Constellation competitors, revenue and employees owler. Constellation lets some acquisitions run pretty much as they were. Get breaking news and analysis on constellation software inc. Constellation software has acquired in 16 different us states, and 7 countries. Theyve done the acquisition strategy and theyre getting squeezed theyre having a harder time finding the acquisitions at the valuation, they. Constellation software has become one of canadas biggest publicly traded technology companies by playing the acquisition game a very. Constellation software announces appointment of susan gayner and dexter salna to its board of directors. The acquisition further expands constellations presence in the dealership management software market. To stock quote, history, news and other vital information to help you with your stock trading and investing.
Thats my estimate of the number of acquisitions constellation software otcpk. View csu revenue estimates and earnings estimates, as well as analyst recommendations. Constellation softwares strategy for growth through. Stay away from constellation software, this portfolio. Cake announces acquisition by constellation software inc. Constellation software acquires, manages and builds vertical market software businesses that provide missioncritical software solutions. Constellation software inc announce the acquisition of conasys inc. Csu announced today that it has purchased 100% of csystems software inc. Stock analysis for constellation software inccanada csu. Total specific solutions, a constellation software company, completes acquisition.
Constellation acquires, manages and builds industryspecific software businesses which provide specialized, missioncritical software. An independent analysis conducted by corum group found that constellation software completed a record number of acquisitions through its subsidiaries. The firm acquires, manages and builds vertical market software businesses. Csu, announced today that it, through its perseus division perseus, has purchased 100% of the shares of dealer information systems corp. Constellation softwares harris operating group acquires. Business lessons from mark leonard constellation software. Today, jonas software is proud to supply industry leading enterprise management software and related services to 20 vertical markets. Constellation software is a leading provider of software and services to a select group of public and private sector markets. Having completed over 500 acquisitions, constellation software brings a robust set of business best practices and investment strength to its portfolio companies to ensure their. Without hesitating both of them mentioned about mark leonard, a terrific guy who runs constellation software. Constellation software, a company that has made a lot of shareholders a lot of money, is using a rights offering to sell unsecured debentures, an unusual and creative way to raise debt capital. Having completed over 500 acquisitions, constellation software brings a.
Constellation software reverse engineering a past thesis. Toronto, ontario constellation software constellation tsx. Optitex acquired by fog software group, a division of constellation. The division is headquartered in mississauga, ontario. The companys strategy is to acquire and manage vertical market software businesses that serve clients in over 40 different verticals ranging from public transit in the public sector to golf. The companies acquire, manage, and build software companies in a variety of vertical markets. Its product offerings include scheduling, route optimization, staffing asset management, and communication systems. Toronto including stock price, stock chart, company news, key statistics, fundamentals and company profile. Constellation software is an international provider of market leading software and services to a select number of industries, both in the public and private sectors. Volaris parent company was named the top volume acquirer of software compan ies for 2019.
Calgary, alberta march 1, 2020 vela software group vela, an operating group of canadian public company constellation software inc. Constellation software has acquired 47 companies, including 3 in the last 5 years. What makes constellation softwares growththroughacquisition. The good companies we acquire are generally the first or secondranked players in their verticals, and are working to establish a solid track record of growth and earnings. Constellation softwares strategy for growth through acquisition finds new. Joining mid20 as our online editor, she has since become. Constellation software is a diversified software company.
Constellation softwares elusive ceo the globe and mail. What constellation does so constellation, they target these vms, vertical market software, and they make really small acquisitions. Their mission is to acquire, manage and build marketleading software businesses that develop specialized, missioncritical software solutions to address the specific needs of. The acquisition further expands constellations market presence in dealership management software. Has constellation softwares run of rapid growth come to. With constellation softwares longterm strategy to acquire, build and retain companies, optitex will benefit from constellations additional strategic support. Cnswf stock, price quote and chart, trading and investing tools. Deerfield, illinoisbased fog software group is a division of torontobased vela software and constellation software. Constellation has acquired 11 companies and its latest acquisition was cake in jun 2019. Volaris group, a constellation software company, completes. It went public in 2006, and now has,000 employees spread over 6 operating segments. Lately, however, canadas largest software company has stumbled. Constellation software is a constellation of small software companies that are big players in their specific verticals.