Constellation closes $350 mln acquisition of Total Specific Solutions
Constellation Software Inc (TSX: CSU) has completed its purchase of Total Specific Solutions B.V., a Dutch provider of software solutions to healthcare organizations, governments and financial institutions. The deal's value was previously reported as EUR240 million, or approximately C$350 million, funded by Constellation through an amendment of its existing credit facility. The Toronto-based company, which is focused on acquiring, managing and building vertical market software businesses, is a portfolio investment of OMERS Private Equity, the private equity arm of the Ontario Municipal Employees Retirement System.
2 January 2014•2 mins read
