Day: May 1, 2024

TORONTO, May 01, 2024 (GLOBE NEWSWIRE) — Constellation Software Inc. (“Constellation”) (TSX: CSU) today announced that its People Transportation Division operating as Modaxo, has completed the acquisition of the Curbside Management and Public Safety Businesses from Conduent Incorporated (Nasdaq: CNDT). The Curbside Management business, now doing business as Trellint, provides parking management systems to the public sector, while the Public Safety business, now doing business as Elovate, provides traffic management solutions such as automated photo enforcement for speed and red-light violations processing to its government clients. About ModaxoModaxo is a global technology organization passionate about moving the world’s people. Working both together and independently, our collective of businesses are committed to delivering software...

Acquisition strengthens presence in the Mid-Atlantic U.S. BUFORD, Ga., May 01, 2024 (GLOBE NEWSWIRE) — OneWater Marine Inc. (NASDAQ: ONEW) (“OneWater” or the “Company”) announced today that it has completed the previously announced acquisition of Garden State Yacht Sales (“Garden State”), which further expands the Company’s presence in the Mid-Atlantic U.S. and enhances new and pre-owned boat sales, finance, and parts and services offerings. “We would like to thank the Stavola family for the tremendous opportunity to build on Garden State’s strong reputation,” said Austin Singleton, Chief Executive Officer for OneWater. “The acquisition increases our exposure and expands our suite of offerings in the attractive Mid-Atlantic boating market. Leveraging our proven integration playbook, we expect a seamless transition into the OneWater...

TORONTO, May 01, 2024 (GLOBE NEWSWIRE) — NowVertical Group Inc. (TSXV: NOW) (OTCQB: NOWVF) (“NOW” or the “Company”), is pleased to announce that NOW and Mostafa Hashem, NOW’s EVP Product & Technology have agreed to amend the outstanding earnout obligations governing NOW’s acquisition of Smartlytics Consultancy Limited (“Smartlytics”). In connection with the amendment, the incentives that Mr. Hashem would have received as a former owner of Smartlytics have been adjusted with the objective of rewarding Mr. Hashem for building an integrated product group that encompasses all of NOW’s existing software assets; whereas the former earn-out provisions were based on performance of the Smartlytics business unit only. Mr. Hashem was promoted to the EVP Product & Technology role in early 2024. “With the amendment of the purchase...