N. Harris Computer Corp, a subsidiary of Constellation Software Inc (TSX: CSU), has closed is previously announced buy of SIV.AG, a German provider of utility billing, financial and customer care outsourcing solutions for utilities and energy service companies. No financial terms were disclosed. Constellation said the acquisition expands Harris’ existing utility software business with customers located in Europe. Based in Toronto, Constellation is an acquirer, manager and builder of vertical market software businesses. Publicly listed in 2006, it remains a portfolio company of OMERS Private Equity.
Constellation Completes Acquisition Of SIV.AG
TORONTO, ONTARIO–(Marketwired – March 1, 2016) – Further to its previous press release of February 9, 2016 in connection with its entering into a definitive agreement to acquire SIV.AG (“SIV”), Constellation Software Inc. (“Constellation”) (TSX:CSU), today announced its wholly-owned subsidiary N. Harris Computer Corporation (“Harris”) has met the closing conditions and finalized the acquisition of SIV.
About Constellation Software Inc.
Constellation Software acquires, manages and builds vertical market software businesses that provide mission-critical software solutions.
About N. Harris Computer Corporation
Since 1976, Harris has focused on providing feature-rich and robust turnkey solutions to Public Sector, Schools, Utility, and Health Care agencies throughout North America. Harris’ focus is on creating long-term relationships with its customers and ensuring that it meets the changing needs of its customers over time. Further information about Harris may be obtained from its website at www.harriscomputer.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Constellation Software Inc.
Chief Financial Officer
N. Harris Computer Corporation
(613) 226 5511 ext 2146
Photo courtesy of SIV.AG