Joint Press Release of Constellation Software Inc. and Topicus.com Inc.
1. Topicus acquires 14.84% treasury shares in Asseco Poland.
2. Previous acquisition of 9.99% shares occurred in January 2025.
3. Effective shareholders' agreement established cooperation with Adam Góral Family Foundation.
4. Topicus is focused on European vertical market software growth.
5. Constellation builds and manages vertical market software businesses.
The acquisition by Topicus demonstrates solid market expansion, indicating strong growth potential for CSU. Historical trends show significant stock performances following strategic acquisitions in similar market players.
How important is it?
The acquisition impacts CSU indirectly through Topicus, reinforcing CSU's market position and potential valuation increase.
Why Long Term?
The strategic partnership and acquisitions position Topicus for sustained growth, benefiting CSU in the long run, as seen with past mergers yielding positive shareholder returns.
TORONTO, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Constellation Software Inc. (TSX:CSU) and Topicus.com Inc. (TSXV:TOI) today announced that, after receiving all required regulatory approvals, Topicus' subsidiary TSS Europe B.V. has completed the acquisition of 14.84% of treasury shares (the "Treasury Shares") in the capital of Asseco Poland S.A. ("Asseco").
Topicus had previously announced its acquisition of approximately 9.99% of the issued shares in Asseco on January 31, 2025.
On February 3, 2025, Topicus announced the signing of a shareholders' agreement, which was entered into with the Adam Góral Family Foundation governing their cooperation as shareholders in Asseco, and on February 5, 2025, Topicus announced the signing of the agreement to acquire the Treasury Shares. The shareholders' agreement became effective as result of today's acquisition of the Treasury Shares.
About Topicus.com
Topicus.com Inc. is a leading pan-European provider of vertical market software and vertical market platforms to clients in public and private sector markets. Operating and investing in countries and markets across Europe with long-term growth potential, Topicus.com Inc. acquires, builds and manages leading software companies providing specialized, mission-critical and high-impact software solutions that address the particular needs of customers.