Broker Led Transactions 2019

Jonas Software had a record-breaking year on the acquisition front, adding 17 acquisitions in 2019 to our ever-growing family of software companies in diverse geographies and vertical markets. Out of these 17 acquisitions, 8 were broker led transactions.

Jonas entered 6 new verticals, including Managed Print Services, Legal, Email Marketing, Elevator Maintenance, Childhood Development / Early Intervention, and Field Service / Compliance. The other 11 acquisitions helped to strengthen existing verticals, including Construction, Hospitality, Leisure and Salon & Spa.

In terms of geography with our 17 acquisitions:

• 9 in North America
• 5 in the UK / Europe
• 3 in Australia / New Zealand.

See also the table below for a detailed breakdown of our acquisitions from broker led transactions in 2019.

Broker Led Transactions

The ProviderSoft Transaction

Vertical Market: Childhood Development / Early Intervention

Functionality: ProviderSoft products deliver critical tools to manage operations of Early Intervention, Preschool (CPSE), and Behavioral Service agency operations.

Headquarters: Lumberton, New Jersey

Commentary: The acquisition closed 2 months, 2 days after the LOI was signed. Mark Shaw, Founder and Managing Partner of ProviderSoft, said the following about Jonas and Austin Dale Group:

More details on the transaction can be found here.

Who is Jonas Software?

Jonas Software is one of the six operating groups of Constellation Software Inc (CSI), a publicly-listed software investment company (TSX: CSU), with revenues in excess of $3 billion USD per year. CSI has acquired over 600 software brands over its 25-year history, and Jonas has independently acquired over 90 brands.

Why Work With Jonas?

 M&A Expertise

Our dedicated team of M&A professionals have the knowledge and experience to manage the process efficiently and effectively. We can move quickly to close. The average deal closes around 2 months after an LOI is signed. Our parent company, Constellation Software Inc, has a strong balance sheet with no need to raise capital.

 Vertical Market Software (VMS) Expertise

25+ year track record of acquiring, managing, operating and growing VMS companies across the world. With the presence of over 25 verticals in over 30 countries, Jonas has an established reputation of being a strong, global VMS operator.

 Ensure the Best Future for Your Client

When your client finds a home with Jonas Software, they have a permanent home. Jonas is different than other acquirers because we don’t sell our businesses. We offer a decentralized model for our portfolio companies to operate with the same management and staff, but with additional resources, support, and best practices.

Our Investment Preferences

As a general guideline, we are looking for the following:

Technology: We acquire software companies that sell a proprietary solution that is highly tailored to fit the needs of one or more vertical markets. Some of our businesses sell software solutions and others sell integrated systems which include hardware. Our preference is an established customer base with strong recurring revenues.

Industry: Our existing verticals include Hospitality / Hotel, Fitness, Sports & Leisure, Education, Club, Construction / Field Service, Foodservice, Salon & Spa, Health Care, Case Management, Marina Management, Moving / Storage, Legal, Attractions, etc. We are continuously expanding in our existing verticals as well as adding new verticals via acquisition.

Size: Smaller businesses with as few as a handful of employees and larger businesses with hundreds of employees have found their home at Jonas.

Geography: With offices in over 10 countries and customers in many more, borders are not a barrier to acquisition.

For more information on our broker led transactions, contact our team:

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