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An announcement from Constellation Software ( (TSE:CSU) ) is now available.
Topicus.com Inc., through its subsidiary Total Specific Solutions, has entered into an agreement to acquire all shares of Belgium-based Cipal Schaubroeck NV, a software provider for local governments. This acquisition, expected to finalize in the first quarter of 2025, positions Topicus to strengthen its presence in the European software market, particularly in the public sector, and expands its portfolio with a company generating annual revenues of approximately €110 million.
More about Constellation Software
Topicus.com Inc. is a prominent pan-European provider of vertical market software and platforms, catering to both public and private sector markets. They focus on acquiring, building, and managing software companies that deliver specialized, mission-critical solutions across Europe with long-term growth potential. Constellation Software Inc. similarly acquires and manages vertical market software businesses offering essential software solutions.
YTD Price Performance: -3.19%
Average Trading Volume: 28,622
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$90.6B
See more data about CSU stock on TipRanks’ Stock Analysis page.
