Constellation Software Acquires Integrated Dealer Systems
CONSTELLATION SOFTWARE INC. ACQUIRES INTEGRATED DEALER SYSTEMS FROM BRUNSWICK CORPORATION
Toronto, Canada, August 5, 2009 — Constellation Software Inc. (“Constellation”) (TSX: CSU) announced today that it has completed, through its wholly-owned subsidiary Constellation Homebuilders Systems (“CHS”), the acquisition of the shares of Integrated Dealer Systems (“IDS”) from Brunswick Corporation (NYSE: BC).
“Brunswick’s IDS software division is the proven market leader of software to the RV and Marine dealership verticals in North America. IDS will join Constellation Automotive Systems, in CHS’s newly formed Dealership Management segment “ said Dexter Salna, President of CHS. “We welcome the employees, customers and products into the CHS family.”
“The acquisition of IDS helps extend our footprint into two adjacent markets where we can apply our proven best practices” said Daniel Zinman, General Manager of CHS’s Dealer Management group.
Constellation’s common shares are listed on the Toronto Stock Exchange under the symbol “CSU”. Constellation Software is an international provider of market leading software and services to a number of industries across both the public and private sectors. Constellation acquires, manages and builds vertical market software businesses that provide mission-critical software solutions to address the specific needs of its customers in those industries.
Headquartered in Lake Forest, Ill., Brunswick Corporation endeavors to instill “Genuine Ingenuity”(TM) in all its leading consumer brands, including Mercury and Mariner outboard engines; Mercury MerCruiser sterndrives and inboard engines; MotorGuide trolling motors; Attwood marine parts and accessories; Land ‘N’ Sea, Kellogg Marine, Diversified Marine and Benrock parts and accessories distributors; Arvor, Bayliner, Bermuda, Boston Whaler, Cabo Yachts, Crestliner, Cypress Cay, Harris, Hatteras, Kayot, Lowe, Lund, Maxum, Meridian, Ornvik, Princecraft, Quicksilver, Rayglass, Sea Ray, Sealine, Triton, Trophy, Uttern and Valiant boats; Life Fitness and Hammer Strength fitness equipment; Brunswick bowling centers, equipment and consumer products; Brunswick billiards tables and foosball tables. For more information, visit http://www.brunswick.com.