Melbourne, Australia – 24th November 2022 – Vela Software Group, trading through its subsidiary Vela Asia Pacific, has today announced the acquisition of 3Q and their global retail solutions portfolio. 3Q is comprised of Island Pacific, AdvanceRetail and Intelligent Retail business entities, and provides a comprehensive suite of end-to-end software solutions for retail businesses across the globe.

Davy Rosen, CEO of 3Q, stated, “We are delighted to have finalised the transfer of the 3Q group of companies to the safe hands of Vela.  It was important for us to find an acquirer with the experience and capacity to support 3Q’s significant and diverse retail customer base, someone to support the growth of our customers, staff and products.  Vela, with its undeniable pedigree in retail solutions and commitment to excellence and continued learning, is the perfect match.  We believe that the 3Q group will benefit substantially from Vela’s wealth of experience and best practices, its global footprint, financial stability and corporate governance.  The whole team is excited to gain access to a new pool of ideas and talent, and to deploy those to deliver even greater value to our customers.”

“The acquisition of 3Q cements Vela’s place as the premier supplier of retail software solutions across Australia and New Zealand,” said Ian Whiting, CEO of Vela Asia Pacific.  “it gives us a springboard into the American and European markets.  3Q’s products and team are highly regarded by their customers and we are confident that our unique model of connected autonomy will give them the capacity to do great new things.”

About Vela Asia Pacific:

Vela Asia Pacific, as part of Vela Software Group acquires, manages, and builds mission-critical vertical market software businesses. We are a portfolio of Wholesale, Distribution, Fashion, General Retail, Light Manufacturing, and Government 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.

Vela is an operating group of Constellation Software Inc. (TSX: CSU), a public company listed on the Toronto Stock Exchange.

Further information about Vela Asia Pacific may be obtained through their website at