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Constellation Software’s Jonas Operating Group Acquires Bookassist

By Editor | On Wed, December 13, 2017

Toronto, Ontario, December 13, 2017 – Constellation Software Inc. (“Constellation”) (TSX: CSU) today announced that its Jonas operating group (“Jonas”) acquired Bookassist Holdings Limited (“Bookassist”), a leading provider of booking, digital marketing, web design and distribution management technology solutions for the hospitality industry.

“Bookassist, with its strong presence in the European hospitality market, is a valuable addition to the Jonas group of companies,” said Barry Symons, CEO of Jonas. “We are very excited to welcome Bookassist’s dedicated customers and employees to our organization.”

“Our acquisition by Jonas is a strong endorsement of the Bookassist team and our ethos of innovation and service to the hospitality industry over almost two decades,” said Des O’Mahony PhD, Co-founder and CEO of Bookassist. “We’re really looking forward to this next phase of Bookassist’s journey and the very positive impact that Jonas’s backing will have. The good news is that Bookassist remains as Bookassist, and the team stays at the helm. We’re looking forward to being able to do far more on product and service for our customers than was possible on our own.”

About Bookassist

Bookassist was founded in Dublin, Ireland in 1999. Bookassist management comprises an expert and award-winning team with decades of experience in scientific and technology research, in the hospitality industry, in internet consultancy and in enterprise-level software development. Bookassist has long been recognised as a thought leader, first-mover and innovator in the hospitality technology space. Bookassist has offices in Dublin, Madrid, Rome, Vienna and Prague with resellers worldwide. Bookassist is a trading name and registered trade mark of Automatic Netware Limited. Ponterra Business Advisors provided strategic investment banking advice to Bookassist on the transaction.

About Jonas Software

Jonas Software operates over 70 independently managed software companies around the world, providing them with the strategic guidance and financial security required to be leaders in their respective markets. From its roots formed in the construction and club management markets, Jonas Software’s reach has grown extensively within the hospitality, fitness and industrial verticals. Today, Jonas Software is proud to supply industry leading enterprise management software and related services to 20 vertical markets.

About Constellation Software Inc.

Constellation Software Inc. was founded in 1995 to assemble a portfolio of vertical market software companies that have the potential to be leaders in their particular market. Since then, the company has grown rapidly through a combination of acquisitions and organic growth, and established a strong constellation of companies with a large, diverse customer base comprised of over 125,000 customers operating in over 100 countries around the world. With headquarters in Toronto, Canada, and offices in North America, Europe, Australia, South America and Africa, the company has over 13,000 employees generating consolidated annual revenues exceeding US$2.4 billion.

Contact Information:

Constellation Software Inc. Jamal Baksh, Chief Financial Officer +1-416-861-9677 .(JavaScript must be enabled to view this email address) www.csisoftware.com Jonas Software Barry Symons, Chief Executive Officer +1-888-789-9073 .(JavaScript must be enabled to view this email address) www.jonassoftware.com

bookassist - technology & online strategy for hotels

Address: 1st Floor South Block, Rockfield Central, Dublin D16 R6V0, Ireland
Phone: +353 1 676 2913 Fax: +353 1 676 2916
Email:
Web: https://bookassist.org/en