Constellation to buy Sverica Capital's Syscon Justice Systems

U.S. private equity firm Sverica Capital Management has agreed to sell Syscon Justice Systems Ltd, a Vancouver-based provider of offender management software solutions to governments worldwide. No financial terms were disclosed for the deal, which will see Syscon go to N. Harris Computer Corp, an affiliate of Constellation Software Inc (TSX: CSU), a Toronto-based acquirer, manager and builder of vertical market software companies. N. Harris said the deal expands its ability to serve correctional institutions in several key markets. Sverica acquired a majority interest in Syscon in July 2010.

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