Assuming Constellation can compound capital at 30% per year, Constellation would need to deploy $2.2 billion per year by 2024 and $8.2 billion in acquisitions in 2029. CSI distributed 39,412,367 of the Topicus Subordinate Voting Shares to its common shareholders pursuant a. Constellation also holds 1 super voting share of Topicus (the "Topicus Super Voting Share"). Constellation Software, Inc. is a holding company. Please see our [7] Although the company has experienced great success with this strategy in the past (its stock has increased 30 times since its IPO in 2006), it has experienced more competition in acquiring companies in recent years,[3] especially from private equity and hedge funds. Newsmatics A number of factors could cause actual results to vary significantly from the results discussed in the forward looking statements, including, but not limited to, the factors discussed under "Risks and Uncertainties". Constellation Software flatlines after glorious run January 7, 2023 Eight Canadian stocks named to RBC's 'Top 30 Global Ideas for 2023 list January 3, 2023 A stock market gift guide: Picks for. Our focus on acquiring businesses with growth potential, managing them well and then building them, has allowed us to generate significant cash flows and revenue growth during the past several years. The company was founded by Mark Leonard, a former venture capitalist, in 1996. From start-ups to market leaders, uncover what they do andhow they do it. The contents of the Company's web-site are not incorporated by reference into this Annual Information Form. The company was founded by Mark Henri Constellation Software, Inc. is a holding company. On January 4, 2021 (in anticipation of the acquisition of Topicus.com B.V.), the Company's subsidiary, Constellation Software Netherlands Holding Coperatief U.A. Constellation earned about $600 million in free cash flow in 2019. Accordingly, readers are cautioned that FCFA2S should not be construed as an alternative to net cash flows from operating activities. Further details regarding the Debentures can be found in the final short form prospectus of the Company dated April 17, 2015 which has been filed on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. We hereby consent to the references, CONSTELLATION SOFTWARE INC. Annual Reports | Constellation Energy Corporation Skip to main navigation Suppliers Newsroom Contact Us Menu Our Company Our Story About Constellation Business Strategy What We Stand For Our Purpose Values and ESG Principles Ethics and Governance Awards & Recognition Our Commitment to DE&I Leadership Executive Profiles Board and Committees We acquire, manage and build industry specific software businesses which provide specialized, mission-critical software solutions that address the particular needs of our customers. ANNOUNCES ANNUAL INTEREST RATE FOR SERIES 1 DEBENTURES, Constellation Software Inc. and Lumine Group Inc. reach agreement to acquire WideOrbit Inc. and file preliminary prospectus in connection with proposed Lumine Group Spin Out. The report noted that among the coverage universe, CSU shares displayed both attractive valuation metrics and strong profitability metrics. Although the forward looking statements contained in this MD&A are based upon what management of the Company believes are reasonable assumptions, the Company cannot assure investors that actual results will be consistent with these forward looking statements. Constellation Software Inc is a Canada-based company that develops and customizes software for public- and private-sector markets. Constellation expects the metaverse to be a proxy for humanity's aspirations. Constellation Software Inc. is engaged principally in the development, installation and customization of software as well as in the provisioning of related professional services and support for customers globally across over 100 diverse markets. Delayed Toronto Stock Exchange - 04:00:00 2023-01-11 pm EST 2223.31: CAD -0.86%: 01/03: RBC Capital Markets Outlines Top 30 Global Ideas For Q1: MT. ANNUAL INFORMATION FORM TABLE OF CONTENTS FORWARD-LOOKING STATEMENTS 1 CORPORATE STRUCTURE 2 Name and Incorporation 2 Intercorporate Relationships 3 GENERAL DEVELOPMENT OF THE BUSINESS 5 Overview 5 Acquisitions 6 Rights offering 6 DESCRIPTION OF THE BUSINESS 7 Overview 7 Business Strat, Constellation Software Inc. Notice of Annual Meeting of Shareholders To Be Held On April 30, 2015, EX-2.7 Exhibit 2.7 Constellation Software Inc. Notice of Annual Meeting of Shareholders To Be Held On April 30, 2015 Notice is hereby given that the annual meeting (the ?Meeting?) 2 0 obj Follow us on social media to learn more about our company values, culture and initiatives. The company showed resilient organic growth in its preferred metric: maintenance and . As a user, if you see something we have missed, please do bring it to our attention. 2022: BMO on Canadian Tech Outlook for 2023, Says Too Early to Play Offense; Highlights Top Picks . Annual Information Form March 30, 2015 CONSTELLATION SOFTWARE INC. 4 0 obj of the holders of common shares (?Common Shares?) Constellation Software Engineering's annual revenues are $10-$50 million (see exact revenue data) and has 10-100 employees. <> Copyright Constellation Software Inc. All Rights Reserved. We believe that FCFA2S is useful supplemental information as it provides an indication of the uncommitted cash flow that is available to shareholders if we do not make any acquisitions, or investments, and do not repay any debts. TORONTO, Nov. 04, 2022 (GLOBE NEWSWIRE) -- Constellation Software Inc. (TSX:CSU) ("Constellation" or the "Company") today announced its financial results for the third quarter ended. Free cash flow available to shareholders ''FCFA2S'' refers to net cash flows from operating activities less interest paid on lease obligations, interest paid on other facilities, credit facility transaction costs, repayments of lease obligations, the IRGA / TSS membership liability revaluation charge, and property and equipment purchased, and includes interest and dividends received. Our revenue consists primarily of software license fees, maintenance and other recurring fees, professional service fees and hardware sales. The report also cited the strong quarterly dividend [], Googleplex (Photo credit: Kevin Krejci) Comparing the latest Price Waterhouse Coopers (PwC) List Of Top 100 Global Software Leaders published in May of this year with current Glassdoor ratings based on employee feedback provides valuable insights into the best software companies to work for in 2013. UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13D [Rule 13d-101] INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO 240.13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 240.13d-2(a) (Amendment No. The following discussion and analysis should be read in conjunction with the Annual Consolidated Financial Statements for the year ended December 31, 2021, which we prepared in accordance with International Financial Reporting Standards ("IFRS"). In conjunction with the reorganization, the following steps were completed on January 4, 2021: The Company now reflects a non-controlling interest in Topicus of 69.7% as at December 31, 2021. This section also provides graphical representation of Constellation Software Inc's key financial ratios. TORONTO, Dec. 12, 2022 (GLOBE NEWSWIRE) -- Constellation Software Inc. ("Constellation") (TSX: CSU) and its subsidiary Lumine Group Inc. ("Lumine Group") announced today that they have. [6] Analysts suggest the company took this step because it was worried about leaking information about potential acquisitions to its competitors. ), which compr, Exhibit 3.2 CONSENT OF MCCARTHY T?TRAULT LLP We have acted as Canadian counsel to Constellation Software Inc. (the ?Registrant?) Related by Industry: IT, Internet, Software & Services. Use Forbes logos and quotes in your marketing. The ex-president said he had taken hundreds of empty folders during his time in office, but did not explain why the DOJ also found dozens of classified documents at his Florida estate. On May 11, 2005, Constellation Software Inc. ("Constellation") delivered to Thomas Gibbs, Chairman of the Board of United Systems Technology, Inc. ("USTI"), the letter attached hereto, expressing an interest in acquiring all of the issued and outstanding shares of C. EXHIBIT E - TENDER AND VOTING AGREEMENT This Tender and Voting Agreement, dated as of February 4, 2003 (this "Agreement"), is made by and among SUNGARD DATA SYSTEMS INC. EXHIBIT D November 15, 2002 Mr. Grant Hughes Vice President Broadview International Fax (201) 346-9191 Dear Mr. Hughes: Thank you for inviting us to tender a preliminary indication of interest ("IOI") re. [6] In March 2022, Constellation Software acquired Allscripts hospital business unit for $700m. Telepin Software Systems Inc. Ontario Netadmin System I Sverige AB Sweden The Alpha School System Pty Ltd. Australia Wellington Computer Systems Limited Northern Ireland * Constellation Software, owns 60% of Constellation Software Japan Inc. TORONTO, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Constellation Software Inc. (TSX: CSU, TSX: CSU.DB) (the "Company") announced today that the interest rate applicable to the unsecured subordinated floating rate debentures, Series 1 of the Company (the "Debentures") will be reset to 13.3% per annum on March 31, 2023.This new interest rate is equal to the annual average percentage change in . Constellation Software has a market capitalization of CA$44b, so it's too big to fly under the radar. See ''Results of Operations -Free cash flow available to shareholders" for a reconciliation of FCFA2S to net cash flows from operating activities. [3] It focuses on vertical market software companies (i.e. The firm acquires, manages and builds vertical market software businesses. Further details regarding the Debentures can be found in the final short form prospectus of the Company dated April 17, 2015 which has been filed on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. For the three months and fiscal year ended, MANAGEMENT'S DISCUSSION AND ANALYSIS ("MD&A"). Constellation Software's mailing address is 1200-20 Adelaide St E, TORONTO, ON M5C 2T6, Canada. [3] It has acquired over 500 businesses since being founded. All dividends paid by Constellation Software Inc. to its shareholders are "eligible" dividends as defined by the Income Tax Act (Canada). Certain information included herein is forward-looking and b, EX-2.2 Exhibit 2.2 Consolidated Financial Statements (In U.S. dollars) CONSTELLATION SOFTWARE INC. For the years ended December 31, 2013 and 2012 MANAGEMENTS RESPONSIBILITY FOR FINANCIAL REPORTING December 31, 2013 The accompanying consolidated financial statements of Constellation Software Inc. (Constellation) and its subsidiaries and all the information in Managements Discussion and Analysis, EX-2.4 Exhibit 2.4 Condensed Consolidated Interim Financial Statements (In U.S. dollars) CONSTELLATION SOFTWARE INC. For the three months ended March 31, 2014 and 2013 CONSTELLATION SOFTWARE INC. Condensed Consolidated Interim Statements of Financial Position (In thousands of U.S. dollars) (Unaudited) March 31, 2014 December 31, 2013 Assets Current assets: Cash $ 142,444 $ 77,967 Equity security a, CONSTELLATION SOFTWARE INC. Find out more about how we use your information in our privacy policy and cookie policy. in connection with the registration statement on Form F-7 (the ?Registration Statement?) All Right Reserved. Constellation Software reported solid Q2 earnings last Thursday, despite the market initially not liking them. Our customers typically purchase a combination of software, maintenance, professional services and hardware, although the type, mix and quantity of each vary by customer and by product. Additional information about Constellation Software Inc. (the "Company" or "Constellation"), including our most recently filed Annual Information Form ("AIF"), is available on SEDAR at www.sedar.com. xKO@+! ANNUAL INFORMATION FORM TABLE OF CONTENTS FORWARD-LOOKING STATEMENTS 1 CORPORATE STRUCTURE 2 NAME AND INCORPORATION 2 INTERCORPORATE RELATIONSHIPS 3 GENERA, EX-2.1 Exhibit 2.1 CONSTELLATION SOFTWARE INC. It operates through the following segments: Public and Private. Due to rounding, certain totals and subtotals may not foot and certain percentages may not reconcile. Population change is tremendously important to business, even though its often not newsworthy. Cover Story Features New Billionaire, David Zalik, Co-Founder and CEO of GreenSky NEW YORK (August 8, 2017) Forbes today released its seventh annual list of The Worlds Most Innovative Companies (p. 72 in the September 5, 2017 issue of Forbes magazine). those that create software for a particular industry or market, as opposed to creating software usable for a wide variety of markets). About Contour & Constellation. Hardware sales include the resale of third party hardware that forms part of our customer. EIN Presswire, Everyone's Internet News Presswire, . The Company engaged in a series of transactions the result of which was that its then existing equity interest in Topicus Coop became an equity interest in Topicus.com Inc. ("Topicus") and Topicus became the new parent company of Topicus Coop. The studys home page provides key take-aways and a link to the full study, which you can download for free here. Constellation's stock rose through it all, generating an average annual return of 37 per cent from its IPO in 2006 up until the end of 2021. ANNUAL INFORMATION FORM TABLE OF CONTENTS FORWARD-LOOKING STATEMENTS 1 CORPORATE STRUCTURE 2 Name and Incorporation 2 Intercorporate Relationships 3 GENERA, EX-2.6 Exhibit 2.6 CONSTELLATION SOFTWARE INC. Expenses consist primarily of staff costs, the cost of hardware, third party licenses, maintenance and professional services to fulfill our customer arrangements, travel and occupancy costs, depreciation, and other general operating expenses. Constellation Software Inc. published this content on 10 February 2022 and is solely responsible for the information contained therein. When was Constellation Software's most recent dividend payment? [3] For instance, Constellation acquired Acceo Solutions for $250 million in January 2018, the second-largest acquisition in its history. CSI Sister Companies 8 Activist Investment, MEDW / Mediware Information Systems Inc / CONSTELLATION SOFTWARE INC - SCHEDULE 13D AMENDMENT NO. All references to "$" are to U.S. dollars and all references to "C$" are to Canadian dollars. Business leaders should care about population growth, but its not as simple as focusing on the total gain or decline. BMO on Canadian Tech Outlook for 2023, Says Too Early to Play Offense; CONSTELLATION SOFTWARE INC. : Ex-dividend day for. To Be Held On May 1, 2014 . Company's head and registered office is located at 20 Adelaide Street East, Suite 1200, Toronto, Ontario, Canada, M5C 2T6, telephone: (416) 861-2279, Web-site: www.csisoftware.com. Comparison of the three and twelve month periods ended December 31, 2021 and 2020. Distributed by Public, unedited and unaltered, on 10 February 2022 22:15:49 UTC . Constellation Software is a leading provider of software and services to a select group of public and private sector markets. 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