Constellation buys PE-backed Acceo Solutions for $250 mln
N. Harris Computer Corp, an affiliate of Constellation Software Inc (TSX: CSU), has acquired Acceo Solutions Inc, a Montréal-based provider of software solutions and services in the fields of management, accounting, and e-business development. The purchase price was $250 million. Jeff Bender, CEO of Harris, said the deal will help build his company's presence in Québec. Founded in 1988, Acceo was acquired in 2012 by Capital régional et coopératif Desjardins, Fonds de solidarité FTQ and Investissement Québec from France's Gfi Informatique SA for $75 million. Constellation is a Toronto-based acquirer and builder of vertical-market software companies.
16 January 2018•3 mins read
