Volaris Group, a subsidiary of Constellation Software Inc (TSX: CSU), has bought Incognito Software Inc, a provider of communications operations support systems solutions based in Vancouver. The acquisition, the financial terms of which were not published, included Incognito’s operations in Ireland. Constellation said the deal represents Volaris’ first acquisition in the communications vertical market. With headquarters in Toronto, Constellation is an acquirer, manager and builder of vertical market software businesses. It is a portfolio company of OMERS Private Equity, an investment arm of the Ontario Municipal Employees Retirement System (OMERS).
Constellation’s Volaris Group Enters New Communications Vertical With Acquisition of Incognito Software
TORONTO, ONTARIO, Sep 22, 2014 (Marketwired via COMTEX) — Constellation Software Inc. (CSU) today announced that its wholly-owned subsidiary, Volaris Group, has acquired Incognito Software Inc. and Interactive Enterprises Inc. (Ireland), collectively (“Incognito”), a communications Operations Support Systems (OSS) solutions business. The acquisition is Volaris’ first acquisition in the Communications vertical market.
Incognito’s OSS solutions are sold to Communication Service Providers (CSPs) in both the cable and telecommunications markets enabling them to quickly and cost-effectively deploy data, voice, and video services across a multitude of fixed and wireless networks, vendors, technologies, and standards. Incognito has over 250 customers in North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
About Volaris Group
Volaris acquires, strengthens and grows vertical market technology companies enabling them to be clear leaders within their focused industry. Volaris companies provide specialized, mission-critical solutions to vertical markets around the world including Agri-Food, Asset Management and Logistics, Benefits Administration, Cultural Collections Management, Insurance, Justice, Marine, People Transportation, Rental Management and Communications. Volaris is an operating group of Constellation Software Inc. Learn more at www.volarisgroup.com or call 905.629.5297.
About Constellation Software Inc.
The Common Shares are listed on the TSX under the symbol “CSU”. The Company acquires, manages and builds vertical market software businesses.
Constellation Software Inc.
Chief Financial Officer
SOURCE: Constellation Software Inc.
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