Press release from Marketwire
Constellation Software's Volaris Group Acquires Wynne Systems, Inc. InfoManager, Inc. and Wynne Systems EMEA, N.V.
Thursday, May 17, 2012
Constellation Software's Volaris Group Acquires Wynne Systems, Inc. InfoManager, Inc. and Wynne Systems EMEA, N.V.16:56 EDT Thursday, May 17, 2012TORONTO, ONTARIO--(Marketwire - May 17, 2012) - Constellation Software Inc. ("Constellation") (TSX:CSU) today announced that its wholly-owned division Volaris Group has purchased Wynne Systems, Inc. ("Wynne"), InfoManager, Inc. ("InfoManager Inc.") and Wynne Systems EMEA, N.V. from United Rentals (North America), Inc. The acquisition expands Volaris' market presence in the rental management software vertical.Headquartered in Irvine, California with customers across North America and Europe, Wynne is a leading provider of end-to-end software solutions for rental management. Its market leading solution, RentalMan®, is a fully integrated ERP solution helping to manage the full lifecycle of rental management from contract and order management through to inventory utilization, maintenance and financials. In addition, InfoManager Inc. offers InfoManager® - a robust business intelligence tool.The companies that make up Volaris Group's rental management software vertical include Wynne Systems and SBC - a provider of business management software to the rental industry. Including the acquisition of Wynne, Constellation has deployed approximately $50 million year to date on acquisitions. 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, Justice and People Transportation. Volaris is an operating group of Constellation Software Inc. Learn more at www.volarisgroup.com.About Constellation Software Inc. 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. FOR FURTHER INFORMATION PLEASE CONTACT: John BillowitsConstellation Software Inc.Chief Financial Officer(416) email@example.com