PE-backed Constellation Software buys ASA Automotive Systems
Constellation Software Inc (TSX: CSU), which acquires, manages and builds vertical market software businesses, has bought for an undisclosed sum ASA Automotive Systems LLC, a Merrimack, New Hampshire-based supplier of on-premise and cloud-based software products for tire dealers, auto repair shops, and re-treaders. The deal was done through the company's subsidiary, Vela Operating Group. The Toronto-based Constellation is a portfolio company of OMERS Private Equity, the private equity investment arm of the Ontario Municipal Employees Retirement System.
11 December 2013•2 mins read
