Constellation Software Inc. Files Final Prospectus and Declares Dividend in Connection with Proposed Topicus.com Spin Out

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Dec 18, 2020
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TORONTO, Dec. 18, 2020 (GLOBE NEWSWIRE) -- As previously announced, on May 20, 2020, Constellation Software Inc. (“Constellation”) (TSX:CSU, Financial), acting through its TSS operating group and its subsidiary TPCS Holding B.V., entered into a binding agreement with IJssel B.V. to purchase 100% of the shares of Topicus.com B.V. (“Topicus”), a Netherlands-based diversified vertical market software provider. In connection with the anticipated closing of the acquisition and the subsequent public listing of the subordinate voting shares of Topicus.com Inc., TSS will be spun out of Constellation and will operate together with Topicus as a separate publicly traded company.