PE-Backed Constellation Acquires German Software Company
Constellation Software Inc., a Toronto-based software provider, recently acquired Albat+Wirsam Software GmbH, a company focused on software solutions for the flat glass industry, and based in Linden, Germany. The seller in the transaction, valued at an estimated €18 million, was Helsinki, Finland-based Glaston Corp. Constellation Software is a portfolio investment of Canadian buyout firm OMERS Private Equity, which has backed the company since 2000. OMERS sold part of its stake in the company in 2012 for gross proceeds of C$173 million.
13 February 2013•2 mins read
