Brisbane, Australia – 15 March 2021 – Vela Software Group announced today that it has acquired the business assets of Pixen Pty Ltd T/A Beacon Business Systems (“Beacon”), trading through its subsidiary Vela Asia Pacific. Beacon is a Perth and Melbourne based Australian business focussed on the petroleum retail market which has evolved over 20 years.
“Beacon is a tremendous team of individuals that due to their domain knowledge and close relationships with their clients have had great success in the market. All characteristics we value highly. We are excited to welcome them to the Vela Asia Pacific family and look forward to working closely with them to help strengthen their market position,” said Ian Whiting, CEO of Vela Asia Pacific. “We thank past owners for establishing such a great business and wish them well in their next chapter and know that the employees of Beacon are looking forward to joining a lager peer network”.
About Vela Asia Pacific:
Vela Asia Pacific, as part of Vela Software Group acquires, manages, and builds mission-critical vertical market software businesses that have a presence in Australia, New Zealand and Asia-Pacific. We provide vertical market software expertise, operational support, and capital to help our businesses grow organically and through acquisitions.
Vela is an operating group of Constellation Software Inc. (TSX: CSU), a public company listed on the Toronto Stock Exchange.
Further information concerning Vela Asia Pacific may be obtained through their website at www.velasoftwaregroup.com.au