N. Harris Computer Corp, a division of Constellation Software Inc, has bought InterAct911 Corp, a U.S. provider of software products that support dispatchers, incident responders and correctional officers. The financial terms of the deal were not published. Harris said the acquisition enhances its global law enforcement business unit. InterAct was a portfolio company of U.S. venture capital firms Bay Partners, Foundation Capital, Shea Ventures and SilkRoad Equity, and of Canadian specialty finance firm Wellington Financial. Wellington first invested in the company in 2011. Based in Toronto, Constellation Software is a portfolio investment of OMERS Private Equity.
Constellation Acquires InterAct911
TORONTO, ONTARIO–(Marketwired – March 10, 2015) – Constellation Software Inc. (“Constellation”) (TSX:CSU), announced today that it has completed, through its wholly-owned subsidiary N. Harris Computer Corporation (“Harris”), the acquisition of InterAct911 Corporation (“InterAct”). InterAct is a provider of Computer Aided Dispatch, Records Management, Mobile Enforcement and Offender Management systems in the United States and select regions worldwide. Union Square Advisors LLC served as exclusive financial advisor to InterAct. The financial terms of the transaction were not disclosed.
InterAct’s geographic footprint and customer profile complements and enhances Harris’ current Global Law Enforcement business unit. Harris plans to continue to develop, sell, implement and support InterAct’s Software as a Service (SaaS) Computer Aided Dispatch, Records Management and Offender Management platforms, enabling Harris to participate in a growing segment of the Law Enforcement market.
Jerry Canada, Jr., President of Harris’ Public Sector Group, commented, “InterAct is an excellent addition to our Law Enforcement portfolio. The company has invested significantly in the development of its SaaS platforms over the last several years. We look forward to expanding the client base for these innovative and highly functional products. I am very pleased to welcome the InterAct customers to the Harris family and look forward to long-lasting relationships with each one.”
John McNulty, President and CEO of InterAct, commented, “Harris provides an ideal home for our employees and customers and provides the strength, stability and experience to make our next generation cloud based technology the standard in the public safety emergency management and response industry. I am confident that under the Harris umbrella the best is yet to come for InterAct.”
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.
InterAct was founded in 1975 with the goal of providing streamlined, automated dispatch and mapping software solutions for public safety agencies. Over the years the company has grown to over 2600 customers and has pioneered many developments in public safety cloud computing and data sharing. As the company grew, it expanded its product line to include records management, mobile data and offender management systems.
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