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Constellation Software’s Vela Operating Group Enters into an Agreement to Acquire a software provider in engineering and construction industry

TORONTO, Jan. 22, 2018 (GLOBE NEWSWIRE) -- Constellation Software Inc. (“Constellation”) (CSU.TO), today announced its wholly-owned division Vela Operating Group (“Vela”) has entered into an agreement to acquire a software provider of document management solutions in the engineering and construction industry.  Completion of the acquisition remains subject to mutually agreed closing conditions.

About Constellation Software Inc.
Constellation Software acquires, manages and builds vertical market software businesses that provide mission-critical software solutions.

About Vela Operating Group
The Vela Operating Group is a global provider of software solutions to a number of vertical industries. As an Operating Group of Constellation, Vela acquires, manages, and builds specific software businesses which provide specialized, mission-critical software solutions. Vela companies invest in becoming leaders in their industries to better serve their customers. We help companies improve their operations, grow through organic initiatives, and seek acquisitions that can strengthen their market position.

For further information, contact:

Constellation Software Inc.
Jamal Baksh, Chief Financial Officer
Tel: (416) 861-2279