Brisbane, Australia – 5th April 2023 – Vela Software Group, trading through its subsidiary Vela Asia Pacific, has today announced the acquisition of Marque Group Solutions.
Marque Group Solutions (MGS) provides mission-critical data, applications and insights for the OEM and Automotive Dealer sector. Headquartered in Sydney Australia, Marque Group has operations in Australia, Germany, New Zealand and the United Kingdom.
Gary Martin, Marque Group CEO said “the team at MGS 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 automotive solution space.”
“With our existing footprint in mission-critical solutions for the automotive and mobility sector, Marque Group builds further on Vela’s vertical market software expertise and offering across the region,” said Ian Whiting, CEO of Vela Asia Pacific, “it provides us a fantastic springboard into the OEM automotive market with a highly regarded suite of solutions in the Marque Group. 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 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, Government and business accounting software businesses that have a presence in the Asia-Pacific region and support 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 Asia Pacific may be obtained through their website at www.velasoftwaregroup.com.au