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Constellation Software’S Perseus Group Completes Acquisition Of Black Knight’S Empower And Optimal Blue Businesses

Sep 15, 2023

Acquiring Company

Perseus Operating Group

Acquired Company

Optimal Blue

MarkhamFinancial ServicesSoftwareFinanceVenture CapitalAngel Investment

Description

Constellation Software Inc. (“Constellation”) (TSX: CSU) announced today that its Perseus operating group (“Perseus”) completed the acquisition of the Optimal Blue business and the Empower loan origination system (LOS) business from Intercontinental Exchange, Inc. (NYSE: ICE) and Black Knight, Inc.

Quick answer

Perseus Operating Group is acquiring Optimal Blue and Empower Businesses, announced September 15, 2023. Perseus Operating Group is based in Markham, Ontario, Canada.

How much did Perseus Operating Group pay for Optimal Blue?
The deal value was not disclosed.
What does Perseus Operating Group do?
Perseus Operating Group is an operational group of Constellation Software Inc. It acquires and invests in software companies committed to providing long-term solutions and enduring partnerships with clients.
Where are Perseus Operating Group and Optimal Blue based?
Perseus Operating Group is based in Markham, Ontario, Canada.
Who are the decision-makers at Perseus Operating Group?
Fundz holds 4 contacts at Perseus Operating Group. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Perseus Operating Group

Location

Markham, Ontario, Canada

About

Perseus Operating Group is an operational group of Constellation Software Inc. It acquires and invests in software companies committed to providing long-term solutions and enduring partnerships with clients.

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Frequently asked

Who acquired Optimal Blue?

Optimal Blue was acquired by Perseus Operating Group, based in Markham. The deal was reported on September 15, 2023. Perseus Operating Group is an operational group of Constellation Software Inc. It acquires and invests in software companies committed to providing long-term solutions and enduring partnerships with clients. Perseus Operating Group is privately held and operates in Financial Services.

When did Perseus Operating Group acquire Optimal Blue?

Perseus Operating Group's acquisition of Optimal Blue was reported on September 15, 2023. Constellation Software Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Optimal Blue do?

We automate functions like pricing, hedging, trading, and social media for mortgage brokers. Actionable data bolsters operational and competitive strategies. It is privately held.

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