The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from Marketwire

Constellation Software Inc. Acquires the Business Assets of Club Solutions from Fiserv, Inc.

Thursday, March 14, 2013

Constellation Software Inc. Acquires the Business Assets of Club Solutions from Fiserv, Inc.17:12 EDT Thursday, March 14, 2013TORONTO, ONTARIO--(Marketwire - March 14, 2013) - Constellation Software Inc. ("Constellation") (TSX:CSU) announced today that its wholly-owned subsidiary, Gary Jonas Computing Ltd. ("Jonas") has completed the acquisition of substantially all the business assets of Club Solutions from Fiserv, Inc. The acquisition of Club Solutions further expands Jonas' presence in the fitness, sports and leisure vertical."Club Solutions from Fiserv has established itself as a leader in providing fully integrated enterprise software and payment solutions in the fitness, sports and leisure industry," said Barry Symons, CEO of Jonas. "Adding Club Solutions to our rapidly growing Fitness, Sports and Leisure Business Unit further strengthens our place in this important market and we are very excited to welcome the Club Solutions customers and employees to our organization."About Jonas: Jonas is a leading provider of enterprise management software solutions to a number of vertical markets, including a leadership position in the global Fitness, Sports and Leisure vertical. Jonas has over 25,000 customers, in over 15 countries worldwide. Jonas' focus is on creating long term relationships with our customers and ensuring that we meet and exceed their software and service needs.About Constellation: Constellation's common shares are listed on the Toronto Stock Exchange under the symbol "CSU". Constellation Software acquires, manages and builds vertical market software businesses that provide mission-critical software solutions.FOR FURTHER INFORMATION PLEASE CONTACT: Contact Information: Constellation Software Inc.Jamal BakshChief Financial Officer(416) 861-9677info@csisoftware.comwww.csisoftware.com