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. Files Final Prospectus and Declares Dividend in Connection with Proposed Topicus.com Spin Out. Provides Update in Connection with Proposed Topicus.com Spin Out and Previously Declared Conditional Dividend Published: Nov. 17, … 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). Topicus.com Inc. is a newly-created wholly-owned subsidiary of Constellation Software Inc. Constellation Software Inc. Jamal Baksh, Chief Financial Officer Tel: (416) 861-2279 jbaksh@csisoftware.com www.csisoftware.com. Following the spin-out and the acquisition, Topicus.com Inc. will indirectly own a 60.7% interest in the business. About Constellation Software Inc. Constellation acquires, manages and builds vertical market software businesses that provide mission-critical software solutions. That condition will not be satisfied on or prior to November 17, 2020, and therefore the previously declared conditional dividend will not be paid. Provides Update in Connection with Proposed Topicus.com Spin Out and Previously Declared Conditional Dividend Financial Post . 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. 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. © 2020 GlobeNewswire, Inc. All Rights Reserved. They will dividend out 1.859817814 share of the new entity for every common share of CSI. Reaches Agreement to combine its TSS Operating Group With Topicus.com to form a new Operating Group Email Print Friendly Share May … Topicus is a Netherlands based leader in building and running smart vertical market software since 2001. Topicus … Topicus connects organizations, professionals and end users within and across the vertical markets of education, healthcare, municipalities and financial services. Topicus connects organizations, professionals and end users within and across the vertical markets of education, healthcare, municipalities and financial services. The prospectus for the spin out TSS+Topicus is out. 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. I won’t go over the whole thing here, but there are a few highlights. Constellation acquires, manages and builds vertical market software businesses that provide mission-critical software solutions. It has an incredible track record of generating shareholder returns as evidenced by its long term stock chart. It is based in Toronto, Canada, is listed on the Toronto Stock Exchange, and is a constituent of the S&P/TSX 60. 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. 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. Topicus connects organizations, professionals and end users within and across the vertical markets of education, healthcare, municipalities and financial services. 4 weeks Constellation Software Inc. 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. Topicus connects organizations, professionals and end users within and across the vertical markets of education, healthcare, municipalities and financial services. Topicus … Their focus is on innovation through vertical market integration. Press Release Constellation Software Inc. TSS is one of Constellation’s six Operating Group companies, based in the Netherlands and solely focused on the European vertical market software industry. By continuing to use our service, you agree to our use of cookies. Constellation Software’s Topicus Spin-Out Details. 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. Stockhouse.com use cookies on this site. ET 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. Constellation Software is a diversified software company. Constellation Software Inc. 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. Constellation Software Inc. 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. 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 (C$1,640.07, Toronto ... Constellation recently announced its intention to spin out and list their interest in Topicus.com. Cookies are used to offer you a better browsing experience and to analyze our traffic. 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. TORONTO, Oct. 20, 2020 (GLOBE NEWSWIRE) -- Constellation Software Inc. (“Constellation”) (TSX: CSU) announced today that in connection with … On September 21, 2020, Topicus.com Inc. filed a preliminary prospectus in connection with the proposed spin-out. 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 … Press Release Constellation Software Inc. Topicus connects organizations, professionals and end users within and across the vertical markets of education, healthcare, municipalities and financial services. Constellation Software (C$1,640.07, Toronto ... Constellation recently announced its intention to spin out and list their interest in Topicus.com. Constellation Software Inc: Constellation Software earns $122-million (U.S.) in Q3 Mo Constellation Software Inc. 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. 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. A number of factors could cause actual results to vary significantly from the results discussed in the forward looking statements. 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 … Files Preliminary Prospectus in Connection with Proposed Topicus.com Spin Out Published: Sept. 21, 2020 at 6:38 p.m. ET Files Preliminary Prospectus in Connection with Proposed Topicus.com Spin Out Published: Sept. 21, 2020 at 6:38 p.m. Constellation announced the agreement to buy Topicus in May, saying it would combine the company with CSU’s own TSS operating group and … Topicus.com Inc. is a newly-created wholly-owned subsidiary of 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. 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. 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. 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?! 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. Constellation Software Inc. About Constellation Software Inc. Constellation acquires, manages and builds vertical market software businesses that provide mission-critical software solutions. About Total Specific Solutions TSS is one of Constellation’s six Operating Group companies, based in the Netherlands and solely focused on … About Constellation Software Inc. Constellation acquires, manages and builds vertical market software businesses that provide mission-critical software solutions. 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. Words such as “may”, “will”, “expect”, “believe”, “plan”, “intend”, “should”, “anticipate” and other similar terminology are intended to identify forward looking statements. Topicus connects organizations, professionals and end users within and across the vertical markets of education, healthcare, municipalities and financial services. 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”). Their focus is on innovation through vertical market integration. Constellation Software Spin-off (Topicus.com) Notes November 19, 2020 - Update 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 to declare and pay a special dividend-in-kind of Topicus.com shares. TSS is one of Constellation’s six Operating Group companies, based in the Netherlands and solely focused on the European vertical market software industry. 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 … About Constellation Software Inc. Constellation acquires, manages and builds vertical market software businesses that provide mission-critical software solutions. This year, the company announced that it intended Constellation Software Inc. 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 Published: Nov. 17, 2020 at 8:18 a.m. 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. 4 weeks Constellation Software Inc. Topicus is a Netherlands based leader in building and running smart vertical market software since 2001. Files Final Prospectus and Declares Dividend in Connection with Proposed Topicus.com Spin Out, Stocks: TSX:CSU, release date:Dec 18, 2020 The prospectus for the spin out TSS+Topicus is out. Constellation Software, is a Canadian software company that grows by acquisition. 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. 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. A number of factors could cause actual results to vary significantly from the results discussed in the forward looking statements. Constellation Software Netherlands Holding Coöperatief U.A. Topicus is a Netherlands based leader in building and running smart vertical market software since 2001. 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. Their focus is on innovation through vertical market integration. Their focus is on innovation through vertical market integration. 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. Topicus is a Netherlands based leader in building and running smart vertical market software since 2001. About Topicus. About Topicus. Constellation acquires, manages and builds vertical market software businesses that provide mission-critical software solutions. This year, the company announced that it intended to spin off its subsidiary, Topicus.com, as a special dividend, on or before November 17. 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. Following the spin-out and the acquisition, Topicus.com Inc. will indirectly own a 60.7% interest in the business. Constellation Software Inc. Constellation Software Inc. 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. 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. It has a strong balance sheet and it should see more upside in the medium term. The new record date and payment date for such special dividend will be determined and announced at the appropriate time. 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 … The company has seen a drop recently, and the spin out of Topicus will happen shortly. They will dividend out 1.859817814 share of the new entity for every common share of CSI. Provides Update in Connection with Proposed Topicus.com Spin Out and Previously Declared Conditional Dividend TORONTO, Nov. 17, 2020 (GLOBE NEWSWIRE) - … Constellation Software’s Topicus Spin-Out Details. I won’t go over the whole thing here, but there are a few highlights. © 2020 GlobeNewswire, Inc. All Rights Reserved. "I didn’t even know that Space Investment Quarterly existed" Provides Update in Connection with Proposed Topicus.com Spin Out and Previously Declared Conditional Dividend Financial Post . The new record date and payment date for such special dividend will be determined and announced at the appropriate time. The new record date and payment date for such special dividend will be determined and announced at the appropriate time. 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. 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