Acquisition of Triquestra New Zealand Ltd. and Triquestra Australia Ltd.

Brisbane, Australia – February 6, 2024

Vela APX, an operating group of Vela Software Group and Constellation Software Inc, has today announced the acquisition of Triquestra New Zealand Ltd. and Triquestra Australia Ltd.

Triquestra is the maker and manager of Infinity, a cost-effective and flexible omnichannel retail management software platform and POS system, developed through more than 20 years of global retail experience. Combining point of sale, eCommerce, business intelligence and order, inventory, and customer management, Infinity supports global retailers across the Asia Pacific region, operating out of their offices in Australia and New Zealand.

Upon joining Vela Software Group, Kelly Brown, CEO of Triquestra , expressed enthusiasm, stating, “the team at Triquestra are excited to join the Vela family as we continue to drive better outcomes for our customers. Vela provides a trustworthy partnership to further our innovation and growth aspirations in the always evolving retail and fuel space.”

“We are excited to welcome Kelly and the Triquestra team to the Vela Group, adding another impressive software suite to our comprehensive range of mission-critical solutions for retailers around the world” said Ian Whiting, CEO of Vela APX. “Infinity has a rich history of providing cutting-edge and frictionless retail experiences to leading brands across multiple industries and segments. We are confident that our unique model of connected autonomy will give them the capacity to continue to grow and achieve new levels of success.”

About Vela APX

Vela APX, as part of Vela Software Group and Constellation Software Inc, acquires, manages, and grows mission-critical vertical market software businesses. Vela are a portfolio of Wholesale, Distribution, Fashion, Mining, Travel, Energy, General Retail, Manufacturing, Legal, Public Sector, Business Accounting, and many more software businesses, with offices and operations supporting customers globally. They provide vertical market software expertise, operational support, and capital to help businesses grow.

Vela is an operating group of Constellation Software Inc. (TSX: CSU), a public company listed on the Toronto Stock Exchange. Further information about Vela APX may be obtained through their website at Vela APX.