Vela Software Group announced today that it has acquired Figtree Systems from a public company, through its subsidiary Vela Asia Pacific. Figtree Systems is an Australian headquartered business focussed on the Insurance, WH&S and Fleet Management market with customers spread across the globe.
“We are very excited to welcome the Figtree Systems team into the Vela Asia Pacific family. As an industry leader in Insurance, and WH&S we expect to continue their excellent customer advocacy and reputation under our ownership.” said Ian Whiting, CEO of Vela Asia Pacific. “As always, we look forward to combining Figtree Systems deep industry expertise with Vela’s financial strength and operational expertise in order to provide customers with industry-leading solutions in the Insurance and WH&S markets.”
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 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