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Constellation Software Inc. Acquires New Century Software Inc.(June 22, 2012)
TORONTO, ONTARIO -- (Marketwire) -- 06/22/12 -- Constellation Software Inc. ("Constellation") (TSX:CSU) announced today that its wholly-owned subsidiary, Gary Jonas Computing Ltd. ("Jonas") has completed the acquisition of New Century Software Inc. ("New Century"). The New Century acquisition expands Jonas' presence in the construction market.
"New Century has been a long time partner of Jonas in the construction vertical with a strong focus on delivering solutions to the Canadian construction market, said Barry Symons, CEO of Jonas. "Adding the New Century organization to our team further strengthens our place in the construction market."
Jonas is a leading provider of enterprise management software solutions to a number of vertical markets including a leadership position in the construction market, Jonas' first vertical. Jonas has over 20,000 customers, in over 15 countries worldwide. Jonas' focus is on creating long term relationships with our customers and ensuring we meet and exceed their software and service needs.
Constellation's common shares are listed on the Toronto Stock Exchange under the symbol "CSU". Constellation Software is an international provider of market leading software and services to a number of industries across both the public and private sectors. The Company acquires, manages and builds vertical market software businesses that provide mission-critical software solutions to address the specific needs of its customers in those industries.
Constellation Software Inc.
Chief Financial Officer
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