Constellation Software’s Perseus Group Completes Acquisition of Black Knight’s Empower and Optimal Blue Businesses
15 Setembro 2023 - 9:30AM
Constellation Software Inc. (“Constellation”) (TSX: CSU) announced
today that its Perseus operating group (“Perseus”) completed the
acquisition of the Optimal Blue business and the Empower loan
origination system (LOS) business from Intercontinental Exchange,
Inc. (NYSE: ICE) and Black Knight, Inc.
“We have been looking forward to this day to announce that the
Empower and Optimal Blue businesses are joining our group,” said
Scott Smith, Co-President of the Romulus Group of Perseus. “We are
excited for the opportunity to work with Rich Gagliano and his
entire team as they join us to lead the Empower business and with
Kevin McMahon and his entire team as they join us to lead the
Optimal Blue business. These teams have a proven track
record of delivering innovation and leadership with their products,
customers, and employees. Welcome to the Constellation family.”
“With these two recent acquisitions, we have assembled an
incredible portfolio of independently run companies and products in
the mortgage software space including the Empower LOS, Optimal
Blue, NOVA LOS, Reverse Vision, and Axacore,” said Tom George,
Co-President of the Romulus Group of Perseus, who led the
acquisitions with Bonnie Wilhelm, COO of Perseus. “We are excited
to be able to work with all our groups to invest and grow both
organically and through additional acquisitions.”
About Perseus The Perseus operating group is an
operating group of Constellation. Perseus acquires and invests in
software businesses that are committed to providing long-term
solutions and life-long partnerships to customers. For more
information about Perseus, visit: https://www.csiperseus.com/
About Constellation Constellation acquires,
manages and builds vertical market software businesses that provide
mission-critical software solutions.
For more information, contact:
Constellation Software Inc. Jamal Baksh, Chief Financial Officer
Tel: (416) 861-9677 jbaksh@csisoftware.comwww.csisoftware.com
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