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Systems & Software Has Been Acquired by Constellation Software

About Systems & Software

  • Systems & Software, a privately-held company based in Burlington, Vermont, was a leading provider of customer information systems software and services to municipal and investor-owned utilities (IOU)
  • The company’s enQuesta product suite provides an integrated solution for customer care and billing, field operations and financial control requirements, enabling utilities to bill for core services including water, electric and gas usage, as well as a range of expanded services such as refuse removal, storm water and revenue management (taxes)
  • Founded in 1973, Systems & Software was backed by Accel-KKR

About Constellation Software

  • Constellation Software (TSX: CSU) is an international provider of market leading software and services to a number of industries across both the public and private sectors
  • Constellation acquires, manages and builds vertical market software businesses that provide mission-critical software solutions to address the specific needs of its customers in those industries
  • The company was founded in 1995 and at the time of the acquisition had over 3,500 employees

Transaction Notes

  • The acquisition of Systems & Software by Constellation Software was announced on December 3, 2007; financial terms were not disclosed
  • Systems & Software and their enQuesta product will become part of the portfolio of customer information systems software solutions for Constellation’s Harris Operating Group
  • The Systems & Software team and their technology will be great additions to Constellation’s customer choice strategy and provide Harris and its customers with additional choice among the solutions available in the marketplace
  • Shea & Company served as the exclusive financial advisor to Systems & Software on the company’s sale to Constellation Software
Read The Press Release