The company was founded by Mark Leonard, a former venture capitalist, in 1996. Constellation Software is well known to be a serial acquirer of small vertical market software (VMS) companies, having purchased 500 or so of these in it's history and the results speak for themselves. “It may spin off a number of its business. Provides Update in Connection with Proposed Topicus.com Spin Out and Previously Declared Conditional Dividend Published: Nov. 17, … Constellation Software Inc. (CSU-T) June 15, 2020 (A Top Pick Jun 24/19, Up 21%) The whole group has gone up and so has this one. It’s also good to see the share price up 16% over the last quarter. Constellation Software is a Canadian diversified software company. Constellation Software Inc. A new technology play is set to make its debut on Canadian markets, as Constellation Software Inc (CNSWF) takes steps to ramp up the pace and scale of its acquisition-focused growth strategy by spinning off European subsidiary Topicus.com Inc. https://tgam.ca/3hVwWWx. Stock analysis for Constellation Software Inc/Canada (CSU:Toronto) including stock price, stock chart, company news, key statistics, fundamentals and company profile. That condition will not be satisfied on or prior to November 17, 2020, and therefore the previously declared conditional dividend will not be paid. Files Final Prospectus and Declares Dividend in Connection with Proposed Topicus.com Spin Out, Stocks: TSX:CSU, release date:Dec 18, 2020 SpaceBel, a space systems and software company, will seek to raise around 10 million euros ($11.8 million) in 2021 to initiate development of the constellation … The Globe and Mail describes part of what Leonard has accomplished at Constellation software: “With an initial $25-million investment from OMERS and his old associates at… Anyone who likes reading Berkshire shareholder letters will very likely enjoy Leonard's shareholder letters and his answers on earnings call transcripts. Will Canopy Growth’s Spin-Off Canopy Rivers Be A Powerful Growth Engine? View our latest analysis for Constellation Software 3 hours Constellation Software Is At A Strategic Crossroads Seeking Alpha 3 hours Stocks and oil soar, dollar sinks as stimulus beckons Investing.com 3 hours Novartis to buy neuroscience company Cadent for up to $770 million Investing.com Mark Leonard reminds me of Warren Buffett. In […] It has approximately 45 constituent software businesses. It is based in Toronto, Canada, is listed on the Toronto Stock Exchange, and is a constituent of the S&P/TSX 60.. TORONTO, Aug. 16, 2020 (GLOBE NEWSWIRE) -- Constellation Software Inc. (TSX:CSU) (“Constellation” or the “Company”) today announced the resignation of John Billowits, Chief Executive Officer (CEO) of the Vela Operating Group (“Vela”) and the appointment of Damian McKay as his replacement, with eff… Constellation Software has six operating segments: [7] Volaris Group: focuses on acquiring software businesses serving various areas, including agri-business, financial services, and education. Constellation Software Inc. I think that’s the end game for Constellation Software, that it eventually breaks itself up and creates these many spin offs, … Videos of students thanking their professors are circulating on TikTok. A $1 investment in Constellation Software 10 years ago would be worth nearly $40 today, compared to only $1.30 for the TSX index. It went public in 2006, and now has 13,000 employees spread over 6 operating segments. It made a bigger acquisition in Europe and wants to now spin off this company to make more acquisitions. TORONTO, Dec. 18, 2020 — As previously announced, on May 20, 2020, Constellation Software Inc. (“Constellation”) (TSX:CSU), acting through its TSS operating group and its subsidiary TPCS Holding B.V., entered into a binding agreement with IJssel B.V. to purchase 100% of the shares of Topicus.com B.V. (“Topicus”), a Netherlands-based diversified vertical market software provider. September 21, 2018. On October 20, 2020, Constellation announced that it had resolved to pay a special dividend of Topicus.com shares, conditional upon receipt by Constellation of such spin-out shares by November 17th. European Union officials have signed off a study for a low-earth orbit constellation, which is due to take place at the start of 2021, people familiar with the matter told Les Echos. TORONTO, Oct. 20, 2020 (GLOBE NEWSWIRE) -- Constellation Software Inc. (“Constellation”) (TSX:CSU) announced today that in connection with its … Files Preliminary Prospectus in Connection with Proposed Topicus.com Spin Out Email Print Friendly Share September 21, 2020 18:37 ET | Source: Constellation Software … But this move may well have been assisted by the reasonably buoyant market (up 11% in 90 days). Reviews from Constellation Software employees about Constellation Software culture, salaries, benefits, work-life balance, management, job security, and more. This will be meaningful, should the company decide to spin off … Long term Constellation Software Inc. shareholders would be well aware of this, since the stock is up 192% in five years. Constellation Software (TSX: CSU) announced back in September that it would spin-off Topicus.com. Constellation Software Inc. The constellation will beam internet access to European citizens, notably those in isolated areas, and allow governments to communicate securely. 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