Constellation Software’s Vela Operating Group Enters into Agreement to acquire a majority interest in Derbysoft Holdings Limited

▤ Summary

Juniper Group, an operating group of Vela Software within Constellation Software, entered into a definitive agreement to acquire a majority interest in Derbysoft Holdings Limited. The transaction remains subject to customary closing conditions and regulatory approvals. Key Derbysoft executives will retain a minority stake and sign a shareholders agreement with Juniper Group to manage governance after closing. Cantor Fitzgerald is acting as Derbysoft's exclusive financial advisor and Ekberg, Fagre & Seem LLP is serving as legal counsel. Constellation continues its strategy of acquiring and managing vertical market software businesses.

▦ Linked Companies

Constellation Software Inc.

$10M to $25M

DerbySoft

$10M to $25M