About Constellation Software Inc. Constellation acquires, manages and builds vertical market software businesses that provide mission-critical software solutions. Topicus is a Netherlands based leader in building and running smart vertical market software since 2001. Constellation Software’s Topicus Spin-Out Details. On May 20, 2020, Constellation, 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. Cookies are used to offer you a better browsing experience and to analyze our traffic. Constellation Software’s Topicus Spin-Out Details. About Topicus. Topicus is a Netherlands based leader in building and running smart vertical market software since 2001. Stockhouse.com use cookies on this site. Topicus … I won’t go over the whole thing here, but there are a few highlights. Constellation Software Spin-off (Topicus.com) Notes November 19, 2020 - Update Constellation Software, is a Canadian software company that grows by acquisition. Topicus connects organizations, professionals and end users within and across the vertical markets of education, healthcare, municipalities and financial services. About Constellation Software Inc. Constellation acquires, manages and builds vertical market software businesses that provide mission-critical software solutions. Such forward looking statements involve significant risks and uncertainties, should not be read as guarantees of future results, and will not necessarily be accurate indications of whether or not such results will be achieved, or when such results will be achieved. Certain statements herein may be “forward looking” statements that involve known and unknown risks, uncertainties and other factors that may cause the actual events to be materially different from any future events expressed or implied by such forward -looking statements. ET A number of factors could cause actual results to vary significantly from the results discussed in the forward looking statements. Constellation acquires, manages and builds vertical market software businesses that provide mission-critical software solutions. On September 21, 2020, Topicus.com Inc. filed a preliminary prospectus in connection with the proposed spin-out. Their focus is on innovation through vertical market integration. Topicus connects organizations, professionals and end users within and across the vertical markets of education, healthcare, municipalities and financial services. © 2020 GlobeNewswire, Inc. All Rights Reserved. Provides Update in Connection with Proposed Topicus.com Spin Out and Previously Declared Conditional Dividend Published: Nov. 17, … Press Release Constellation Software Inc. Their focus is on innovation through vertical market integration. Forward looking statements in this press release include, but are not limited to, the intention of Topicus.com to explore opportunities for a future public listing of its shares, and the intention to have Constellation and its current shareholders become shareholders of Topicus.com (which includes the intention to pay the Conditional Dividend if the Condition Precedent is satisfied). The new record date and payment date for such special dividend will be determined and announced at the appropriate time. Topicus connects organizations, professionals and end users within and across the vertical markets of education, healthcare, municipalities and financial services. Following the spin-out and the acquisition, Topicus.com Inc. will indirectly own a 60.7% interest in the business. Topicus.com Inc. is a newly-created wholly-owned subsidiary of Constellation Software Inc. It is based in Toronto, Canada, is listed on the Toronto Stock Exchange, and is a constituent of the S&P/TSX 60. 41: Constellation Software's Modaxo & Topicus Spin, Elastic Deep-Dive, Microsoft Teams Incentives, Jeff Lawson's Buy vs Build, China's Semiconductor Push, and Communication with Aliens?! mag uitsluitende zeggenschap verkrijgen over Topicus.com B.V. Dat heeft de Autoriteit Consument & Markt (ACM) op 9 juli 2020 besloten.Er blijft na de overname voldoende concurrentie over. Constellation will continue to work toward a public listing of the shares of Topicus.com, and expects that the Topicus.com shares will be distributed to Constellation's shareholders at a later date. Their focus is on innovation through vertical market integration. Constellation Software (C$1,640.07, Toronto ... Constellation recently announced its intention to spin out and list their interest in Topicus.com. Constellation announced the agreement to buy Topicus in May, saying it would combine the company with CSU’s own TSS operating group and subsidiary TPCS Holding B.V. to … Provides Update in Connection with Proposed Topicus.com Spin Out and Previously Declared Conditional Dividend TORONTO, Nov. 17, 2020 (GLOBE NEWSWIRE) - … Constellation Software (C$1,640.07, Toronto ... Constellation recently announced its intention to spin out and list their interest in Topicus.com. About Total Specific Solutions TSS is one of Constellation’s six Operating Group companies, based in the Netherlands and solely focused on … This year, the company announced that it intended While historically the benefits to Constellation Software of remaining as one company have been significant, it is now on the verge of it's first ever spin-out of a major division - Topicus.com. Words such as “may”, “will”, “expect”, “believe”, “plan”, “intend”, “should”, “anticipate” and other similar terminology are intended to identify forward looking statements. TSS is one of Constellation’s six Operating Group companies, based in the Netherlands and solely focused on the European vertical market software industry. Constellation will continue to work toward a public listing of the shares of Topicus.com, and expects that the Topicus.com shares will be distributed to Constellation's shareholders at a later date. Constellation Software taking over Topicus May 20, 2020 Craig Gambol Zephyr Toronto-listed technology investor Constellation Software has unveiled plans to acquire Topicus.com, a Netherlands-headquartered provider of diversified vertical market technology. That condition will not be satisfied on or prior to November 17, 2020, and therefore the previously declared conditional dividend will not be paid. Files Final Prospectus and Declares Dividend in Connection with Proposed Topicus.com Spin Out. TSS is one of Constellation’s six Operating Group companies, based in the Netherlands and solely focused on the European vertical market software industry. "I didn’t even know that Space Investment Quarterly existed" They will dividend out 1.859817814 share of the new entity for every common share of CSI. 4 weeks Constellation Software Inc. These forward looking statements reflect current assumptions and expectations regarding future events and are made as of the date hereof and Constellation assumes no obligation, except as required by law, to update any forward looking statements to reflect new events or circumstances. TORONTO, Oct. 20, 2020 (GLOBE NEWSWIRE) -- Constellation Software Inc. (“Constellation”) (TSX:CSU) announced today that in connection with its previously announced intention to explore opportunities for a future public listing of the shares of Topicus.com Inc., Constellation has resolved to pay a special dividend (the “Conditional Dividend”), conditional upon Constellation receiving … Constellation Software Inc. Their focus is on innovation through vertical market integration. The company has seen a drop recently, and the spin out of Topicus will happen shortly. It has an incredible track record of generating shareholder returns as evidenced by its long term stock chart. 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