Jonas Software, a wholly-owned subsidiary of Constellation Software Inc. (“Constellation”) (TSX: CSU), has announced the acquisition of Youbill Inc. (dba Member Solutions). The Member Solutions acquisition expands Jonas’ presence in the Fitness market and more specifically the Marital Arts segment.
“Member Solutions is a leading provider of software and full-service billing and collections services in their target market, within the United States and Canada,” said Barry Symons, CEO of Jonas. “We are excited to welcome the Member Solutions’ customers and employees into the Jonas family.”
Member Solutions’ CEO, Steve Pinado stated “The entire Member Solutions’ team is excited to be joining the Jonas family. Teaming up with a company that understands vertical market software, and which has a long track record of success, presents a unique opportunity for our customers, our employees and our business partners.”
About Jonas Software
Jonas Software is the leading provider of enterprise management software solutions to the Club, Foodservice, Construction, Leisure Fitness & Sports, Attractions, Metal Service Centers, and Moving & Storage industries. Within these seven vertical markets, Jonas boasts 21 distinct brands, all of which are respected and longstanding leaders within their own domain. Jonas Software is the chosen technology partner of more than 10,000 customers in over 15 countries around the world.
About Constellation Software
Constellation’s common shares are listed on the Toronto Stock Exchange under the symbol “CSU”. Constellation Software is an international provider of market-leading software and services to a number of industries across both the public and private sectors. The Company 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.