Constellation Software Spin-off (Topicus.com) Notes November 19, 2020 - Update Constellation Software, is a Canadian software company that grows by acquisition. Constellation announced the agreement to buy Topicus in May, saying it would combine the company with CSU’s own TSS operating group and … Constellation Software Inc. Topicus is a Netherlands based leader in building and running smart vertical market software since 2001. Constellation Software Netherlands Holding Coöperatief U.A. TSS is one of Constellation’s six Operating Group companies, based in the Netherlands and solely focused on the European vertical market software industry. 4 weeks Constellation Software Inc. Provides Update in Connection with Proposed Topicus.com Spin Out and Previously Declared Conditional Dividend Financial Post . © 2020 GlobeNewswire, Inc. All Rights Reserved. Constellation Software’s Topicus Spin-Out Details. 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. ET In this blog, Ernest outlines the reasons Constellation is taking this step and concludes that this is simply the next step in their evolution into a mature organization. A number of factors could cause actual results to vary significantly from the results discussed in the forward looking statements. They will dividend out 1.859817814 share of the new entity for every common share of CSI. Constellation acquires, manages and builds vertical market software businesses that provide mission-critical software solutions. Cookies are used to offer you a better browsing experience and to analyze our traffic. A number of factors could cause actual results to vary significantly from the results discussed in the forward looking statements. If the Condition Precedent is satisfied, the record date for Constellation shareholders entitled to receive the Conditional Dividend is October 28, 2020 (the “Record Date”), and the payment date will be determined and announced once the Condition Precedent is satisfied. This year, the company announced that it intended About Constellation Software Inc. Constellation acquires, manages and builds vertical market software businesses that provide mission-critical software solutions. Press Release Constellation Software Inc. The prospectus for the spin out TSS+Topicus is out. I won’t go over the whole thing here, but there are a few highlights. 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 … The spin out transaction and listing is subject to approval of the TSX Venture Exchange and acceptance of a final prospectus by the securities regulatory authorities. TORONTO, Nov. 17, 2020 (GLOBE NEWSWIRE) — On October 20, 2020, Constellation announced that it had resolved to pay a special dividend of Topicus.com shares, conditional upon receipt by Constellation of such 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. That condition will not be satisfied on or prior to November 17, 2020, and therefore the previously declared conditional dividend will not be paid. Pursuant to the spin-out, Constellation is expected to receive subordinate voting shares of Topicus.com Inc. (the “Spin-Out Shares”), and pursuant to the Conditional Dividend, provided the Condition Precedent is satisfied, the shareholders of Constellation on the Record Date will be entitled to receive, by way of a dividend-in-kind, 1.859817814 Spin-Out Shares for each common share of Constellation held. Constellation Software Inc. Forward looking statements in this press release include, but are not limited to, the intention to declare and pay a special dividend-in-kind of Topicus.com shares. It has a strong balance sheet and it should see more upside in the medium term. Files Preliminary Prospectus in Connection with Proposed Topicus.com Spin Out Published: Sept. 21, 2020 at 6:38 p.m. Topicus connects organizations, professionals and end users within and across the vertical markets of education, healthcare, municipalities and financial services. Distribution by Constellation Software Inc. as a Dividend-in-Kind of 39,412,385 Subordinate Voting Shares of Topicus.com Inc. Topicus.com Inc. (the " Company ") is a newly-created corporation established under the Business Corporations Act (Ontario) and is a wholly-owned subsidiary of Constellation Software Inc. (" CSI ") as of the date of this prospectus. Constellation Software to spin out Dutch VMS business with Topicus.com B.V. acquisition September 21, 2020 IPO, RTO Deals, Ontario, IT and Telecom, Europe Topicus.com Inc., a newly created wholly-owned subsidiary of Constellation Software Inc. (CSI) (TSX: CSU) has filed for initial public offering by way of dividend-in-kind distribution. TORONTO, Oct. 20, 2020 (GLOBE NEWSWIRE) -- Constellation Software Inc. (“Constellation”) (TSX:CSU) announced today that in connection with … They will dividend out 1.859817814 share of the new entity for every common share of CSI. Files Final Prospectus and Declares Dividend in Connection with Proposed Topicus.com Spin Out, Stocks: TSX:CSU, release date:Dec 18, 2020 TSS is one of Constellation’s six Operating Group companies, based in the Netherlands and solely focused on the European vertical market software industry. It has an incredible track record of generating shareholder returns as evidenced by its long term stock chart. 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 Software Inc. Jamal Baksh, Chief Financial Officer Tel: (416) 861-2279 jbaksh@csisoftware.com www.csisoftware.com. Topicus is a Netherlands based leader in building and running smart vertical market software since 2001. Constellation acquires, manages and builds vertical market software businesses that provide mission-critical software solutions. Following the spin-out and the acquisition, Topicus.com Inc. will indirectly own a 60.7% interest in the business. About Total Specific Solutions TSS is one of Constellation’s six Operating Group companies, based in the Netherlands and solely focused on … It is based in Toronto, Canada, is listed on the Toronto Stock Exchange, and is a constituent of the S&P/TSX 60. 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. Topicus.com Inc. is a newly-created wholly-owned subsidiary of Constellation Software Inc. Constellation Software Inc. The prospectus for the spin out TSS+Topicus is out. Constellation Software Inc. Words such as “may”, “will”, “expect”, “believe”, “plan”, “intend”, “should”, “anticipate” and other similar terminology are intended to identify forward looking statements. 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. The new record date and payment date for such special dividend will be determined and announced at the appropriate time. "I didn’t even know that Space Investment Quarterly existed" Files Final Prospectus and Declares Dividend in Connection with Proposed Topicus.com Spin Out. Constellation Software (C$1,640.07, Toronto ... Constellation recently announced its intention to spin out and list their interest in Topicus.com. ET Reaches Agreement to combine its TSS Operating Group With Topicus.com to form a new Operating Group Email Print Friendly Share May … By continuing to use our service, you agree to our use of cookies. Topicus connects organizations, professionals and end users within and across the vertical markets of education, healthcare, municipalities and financial services. Topicus … Constellation Software is a diversified software company. Topicus is a Netherlands based leader in building and running smart vertical market software since 2001. The new record date and payment date for such special dividend will be determined and announced at the appropriate time. Constellation Software Inc. About Constellation Software Inc. Constellation acquires, manages and builds vertical market software businesses that provide mission-critical software solutions. 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 the Spin-Out Shares (defined below) on or prior to November 17, 2020 (the “Condition Precedent”). 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 … The business of Topicus.com Inc. will be comprised of (i) what is currently TSS operating group, and the business carried on by Topicus.com B.V. The company has seen a drop recently, and the spin out of Topicus will happen shortly. 4 weeks Constellation Software Inc. Constellation Software, is a Canadian software company that grows by acquisition. 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). TORONTO, Nov. 17, 2020 (GLOBE NEWSWIRE) — On October 20, 2020, Constellation announced that it had resolved to pay a special dividend of Topicus.com shares, conditional upon receipt by Constellation of such … Constellation Software Inc. Constellation Software Inc: Constellation Software earns $122-million (U.S.) in Q3 Mo Constellation Software Inc. It has an incredible track record of generating shareholder returns as evidenced by its long term stock chart. In connection with the anticipated closing of the acquisition and the 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. Topicus connects organizations, professionals and end users within and across the vertical markets of education, healthcare, municipalities and financial services. Provides Update in Connection with Proposed Topicus.com Spin Out and Previously Declared Conditional Dividend Published: Nov. 17, 2020 at 8:18 a.m. Topicus connects organizations, professionals and end users within and across the vertical markets of education, healthcare, municipalities and financial services. This year, the company announced that it intended to spin off its subsidiary, Topicus.com, as a special dividend, on or before November 17. Provides Update in Connection with Proposed Topicus.com Spin Out and Previously Declared Conditional Dividend TORONTO, Nov. 17, 2020 (GLOBE NEWSWIRE) - … Press Release Constellation Software Inc. Files Preliminary Prospectus in Connection with Proposed Topicus.com Spin Out Published: Sept. 21, 2020 at 6:38 p.m. TORONTO, Dec. 18, 2020 — As previously announced, on May 20, 2020, Constellation Software Inc. (“Constellation”) (TSX:CSU), 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. The business of Topicus.com Inc. will be comprised of (i) what is currently TSS operating group, and the business carried on by Topicus.com B.V. Topicus is a Netherlands based leader in building and running smart vertical market software since 2001. About Constellation Software Inc. Constellation acquires, manages and builds vertical market software businesses that provide mission-critical software solutions. Forward Looking Statements 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. Words such as “may”, “will”, “expect”, “believe”, “plan”, “intend”, “should”, “anticipate” and other similar terminology are intended to identify forward looking statements. 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?! Constellation Software Inc. Jamal Baksh, Chief Financial Officer Tel: (416) 861-2279 jbaksh@csisoftware.com www.csisoftware.com. TORONTO, Oct. 20, 2020 (GLOBE NEWSWIRE) -- Constellation Software Inc. (“Constellation”) (TSX: CSU) announced today that in connection with … TORONTO, Dec. 18, 2020 (GLOBE NEWSWIRE) -- As previously announced, on May 20, 2020, Constellation Software Inc. (“Constellation”) (TSX:CSU), 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 … 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. 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. Constellation Software’s Topicus Spin-Out Details. On September 21, 2020, Topicus.com Inc. filed a preliminary prospectus in connection with the proposed spin-out. I won’t go over the whole thing here, but there are a few highlights. TORONTO, Nov. 17, 2020 (GLOBE NEWSWIRE) -- On October 20, 2020, Constellation announced that it had resolved to pay a special dividend of Topicus.com shares, conditional upon receipt by Constellation of such spin-out shares by November 17th. Stockhouse.com use cookies on this site. Topicus … Constellation Software (C$1,640.07, Toronto ... Constellation recently announced its intention to spin out and list their interest in Topicus.com. Their focus is on innovation through vertical market integration. 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 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. About Constellation Software Inc. Constellation acquires, manages and builds vertical market software businesses that provide mission-critical software solutions. Provides Update in Connection with Proposed Topicus.com Spin Out and Previously Declared Conditional Dividend Financial Post . 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. 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. Topicus connects organizations, professionals and end users within and across the vertical markets of education, healthcare, municipalities and financial services. Their focus is on innovation through vertical market integration. Topicus is a Netherlands based leader in building and running smart vertical market software since 2001. Their focus is on innovation through vertical market integration. Their focus is on innovation through vertical market integration. About Topicus. 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. Provides Update in Connection with Proposed Topicus.com Spin Out and Previously Declared Conditional Dividend Published: Nov. 17, … About Constellation Software Inc. Constellation acquires, manages and builds vertical market software businesses that provide mission-critical software solutions. 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. 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. About Topicus. Their focus is on innovation through vertical market integration. Topicus.com Inc. is a newly-created wholly-owned subsidiary of Constellation Software Inc. The new record date and payment date for such special dividend will be determined and announced at the appropriate time. 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. 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. Intention to Spin out TSS+Topicus is out a number of factors could cause actual results to significantly... See more upside in the business out 1.859817814 share of the new entity for common. Company has seen a drop recently, and the Spin out Published: Sept. 21 2020. Jamal Baksh, Chief financial Officer Tel: ( 416 ) 861-2279 jbaksh @ csisoftware.com www.csisoftware.com leader in building running. Inc. 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