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Mergers & Acquisitions

Constellation Software's Vela Operating Group To Buy Majority Interest In Derbysoft Holdings

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Constellation Software Inc.(CSU.TO), a Canadian software company, said on Wednesday that Juniper Group, an operating group of its Vela Software, has inked a deal to buy a majority interest in Derbysoft Holdings Limited, the parent company of DerbySoft Inc.

The key executive team members will retain a minority stake in Derbysoft and will enter into a shareholders' agreement with Juniper Group to manage Derbysoft in the future.

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