Author Topic: CSU - Constellation Software  (Read 297285 times)

Liberty

  • Lifetime Member
  • Hero Member
  • *****
  • Posts: 12888
  • libertyrpf.com
    • http://www.libertyrpf.com
Re: CSU - Constellation Software
« Reply #640 on: August 16, 2019, 01:36:10 PM »
New acquisition at Jonas:

https://www.newswiretoday.com/news/171105/Jonas-Software-Announces-the-Acquisition-of-ITWERCS-Point-of-Sale/

Quote
“We are thrilled to welcome the ITWERCS team into the Jonas family,” says Matt Otchet, Portfolio CEO at Jonas. “ITWERCS adds a tremendous platform to our growing POS portfolio. They have developed cutting edge technology serving the needs of food and beverage professionals in a multitude of business environments from quick serve to fine dining.”

ITWERCS CEO Chris Duncan had this to say,“We are eager to work with Jonas to continue building on and growing the ITWERCS business. Myself and our employees have already been impressed with what we’ve seen so far, and are excited to realize the opportunities that are possible with Jonas’ backing and resources.”

About ITWERCS

ITWERCS (itwercs.com) was founded in 2016 in Marietta, Georgia, USA. Their cloud platform was originally launched in 2007 inside a major restaurant brand and provides a robust and comprehensive solution which covers POS, payments, kitchen display systems, scheduling, inventory, marketing & loyalty, and waitlist & reservations.


Liberty

  • Lifetime Member
  • Hero Member
  • *****
  • Posts: 12888
  • libertyrpf.com
    • http://www.libertyrpf.com
Re: CSU - Constellation Software
« Reply #641 on: August 19, 2019, 09:33:00 AM »
A few more from earlier this month:

https://www.volarisgroup.com/news/article/volaris-group-enters-the-isv-vertical-with-acquisition-of-akuiteo

Quote
Volaris Group Inc. (“Volaris”) today announced that it has acquired Akuiteo Développement (“Akuiteo”) based in Lyon, France. Akuiteo is a leading provider of SaaS based software for software manufacturers and represents Volaris’ first company in the ISV (independent software vendor) vertical.

https://www.volarisgroup.com/news/article/volaris-group-welcomes-portfolio-to-banking-credit-union-vertical

Quote
Portfolio+ connects financial institutions with customers and partners using innovative technologies. Its banking software & digital financial solutions are widely used by financial institutions and represents Volaris’ third company in the Banking and Credit Union vertical.

https://www.totalspecificsolutions.com/about-us/transaction-updates?tid=46

Quote
Total Specific Solutions (“TSS”) has taken its first steps into the domain of legal content management and distribution with the acquisition of Square Information Solutions, supplier of solutions for libraries and knowledge centers. Square focuses especially on the public sector and law firms. By joining TSS, Square takes the next step in its growth.

Square began developing information management software solutions in the seventies. One of its products is BIBIS, a library system to register (e-)books, and other documentation. EASY is a portal to search simultaneously online and in internal information sources. And Square has XPOSI, a publisher independent software solution for the use of e-books. Furthermore, it also offers additional products such as SIGN.

h/t @pearnick

Liberty

  • Lifetime Member
  • Hero Member
  • *****
  • Posts: 12888
  • libertyrpf.com
    • http://www.libertyrpf.com
Re: CSU - Constellation Software
« Reply #642 on: August 20, 2019, 05:11:36 AM »
One more at the real estate group:

https://www.prweb.com/releases/the_constellation_real_estate_group_acquires_assets_of_smartzip/prweb16512401.htm

Quote
The Constellation Real Estate Group (“CREG”), has announced today that it has acquired certain assets of SmartZip Analytics Inc. (“SmartZip”), a pioneer in predictive analytics and award-winning provider of data-driven marketing automation and lead generation products for the real estate industry.

The acquisition includes SmartZip’s SmartTargeting platform, patent-pending predictive analytics, data solutions, and automated referral-building content system, Reach150. The addition of SmartZip, which closely follows the recent acquisition of the Offrs.com business in July, marks CREG’s second predictive analytics company and fourth new portfolio business in 2019, and aligns with CREG’s strategy of investing in forward-thinking technology companies with a focus on strong solutions and its commitment to being a long-term, stable technology partner for the real estate industry.

Liberty

  • Lifetime Member
  • Hero Member
  • *****
  • Posts: 12888
  • libertyrpf.com
    • http://www.libertyrpf.com
Re: CSU - Constellation Software
« Reply #643 on: August 28, 2019, 04:36:31 PM »
Looks like a distressed asset acquisition in France by Harris:

https://www.cegedim.com/Communique/Cegedim_Pulse_Disposal_20190828_ENG.pdf

"According to Cegedim's website, Pulse Systems consists of 6 healthcare software products."

H/t @pearnick

sane

  • Newbie
  • *
  • Posts: 22
Re: CSU - Constellation Software
« Reply #644 on: August 30, 2019, 08:24:24 AM »
Liberty, do you recall Mark Leonard writing about newspapers as an attractive business?  At this year's AGM, when asked about non-VMS acquisitions, he made a random reference to newspapers.  I cannot understand if he was joking.  Are you familiar with the reference he made?

"So we have been looking for some other companies that have been able to find multiple platforms around which they have been able to do significant numbers of acquisitions because we think that that is stuff that we would be good at.  And we have found a few.  The difference between companies that succeed in one vertical and just rolling up or buying up in one vertical, and those that do it in multiple verticals is something that I don’t yet understand.  But I suspect from what I have seen so far is just that they run out of space in the little vertical that they chose as their first one.  And they end up going to a second and a third etc.  So I am trying to study them and figure out what other people have done and how they might have blown their brains out and how we can avoid doing that – the brains blowing out part – ourselves as we start to look around for other things to do other than Vertical Market Software.  That newspaper thing that I wrote about sounded kind of cool, maybe we can do that."

Liberty

  • Lifetime Member
  • Hero Member
  • *****
  • Posts: 12888
  • libertyrpf.com
    • http://www.libertyrpf.com
Re: CSU - Constellation Software
« Reply #645 on: August 30, 2019, 09:52:19 AM »
Liberty, do you recall Mark Leonard writing about newspapers as an attractive business?  At this year's AGM, when asked about non-VMS acquisitions, he made a random reference to newspapers.  I cannot understand if he was joking.  Are you familiar with the reference he made?

"So we have been looking for some other companies that have been able to find multiple platforms around which they have been able to do significant numbers of acquisitions because we think that that is stuff that we would be good at.  And we have found a few.  The difference between companies that succeed in one vertical and just rolling up or buying up in one vertical, and those that do it in multiple verticals is something that I don’t yet understand.  But I suspect from what I have seen so far is just that they run out of space in the little vertical that they chose as their first one.  And they end up going to a second and a third etc.  So I am trying to study them and figure out what other people have done and how they might have blown their brains out and how we can avoid doing that – the brains blowing out part – ourselves as we start to look around for other things to do other than Vertical Market Software.  That newspaper thing that I wrote about sounded kind of cool, maybe we can do that."

I'm sorry, I don't remember the context of what he's referring to right now. I doubt he meant that he thinks newspapers are a good space, it's probably something else or a joke, IMO. Maybe it'll come back to me, or someone else remembers.

Jerry Capital

  • Full Member
  • ***
  • Posts: 108
Re: CSU - Constellation Software
« Reply #646 on: August 30, 2019, 10:21:20 AM »
He discussed this in his 2017 letter. So I think the context may be a joke. See attached.
Follow me on Twitter @JerryCap

sane

  • Newbie
  • *
  • Posts: 22
Re: CSU - Constellation Software
« Reply #647 on: August 30, 2019, 12:20:51 PM »
Great, that makes sense.  Thanks both of you for your replies.  One more question on this subject to anyone interested:

"When we do invest in another sector, we’ll keep it as quiet as legally possible."  https://www.csisoftware.com/docs/default-source/investor-relations/shareholder-q-a/qa-september-2018-final.pdf 

What "legal" obligations would they have to disclose a non-VMS acquisition?  Their current policy of a $50 million acquisition threshold for disclosure, or..? 

Liberty

  • Lifetime Member
  • Hero Member
  • *****
  • Posts: 12888
  • libertyrpf.com
    • http://www.libertyrpf.com
Re: CSU - Constellation Software
« Reply #648 on: September 06, 2019, 11:49:36 AM »
Volaris acquisition in Australia:

https://www.volarisgroup.com/news/article/expanding-risk-and-compliance-offerings-acquisition-of-holocentric

Quote
Holocentric provides organisations with solutions to help capture, understand, change and optimise every detail of their business – from strategy, people, and processes to compliance obligations. Volaris saw Holocentric as a great opportunity to work with a mature organisation with great leadership and a blue chip client base.

h/t @pearnick

Liberty

  • Lifetime Member
  • Hero Member
  • *****
  • Posts: 12888
  • libertyrpf.com
    • http://www.libertyrpf.com
Re: CSU - Constellation Software
« Reply #649 on: September 06, 2019, 12:20:26 PM »
Another one at Harris too:

https://www.harriscomputer.com/en/news/?date=1567742400&article=harris-school-solutions-acquires-castle-learning

Quote
Harris Computer Corporation, through its Schools Group, has acquired Castle Software, Inc (Castle Learning), a software company focused on providing content specific learning technologies. Castle Learning will be integrated into the Harris Education Solutions business. Castle Learning’s former president, Scott Fischer, will take on the role of Director of Business Development and become a vital part of the Harris Education Solutions leadership team.

Also one at Jonas:

https://www.jonassoftware.com/About_Us/Latest_News/Jonas_Software_Announces_Acquisition_of_Uniware

Quote
Uniware is the leading, proven provider of EPoS systems for the hospitality and retail industries with more than 600 customers worldwide. Uniware is passionate about providing EPoS & Payment solutions that enable clients to maximize revenue, improve customer loyalty and increase stride within their hospitality & retail businesses.

One at Vela too:

https://www.fogsoftwaregroup.com/fog-acquires-volo-commerce/

Quote
UK-based Volo Origin is a powerful, multi-channel e-commerce platform with a broad feature set that has been serving customers for over 15 years in the UK and abroad. FOG has deep retail and e-commerce experience and saw the Volo Origin platform as a great opportunity to expand its reach into the UK market with a strong product and a dedicated, passionate team.

h/t @pearnick
« Last Edit: September 06, 2019, 04:07:38 PM by Liberty »