Constellation Software’s Modaxo Completes Acquisition of Curbside Management and Public Safety Businesses from Conduent
May 01 2024 - 6:00AM
Constellation Software Inc. (“Constellation”) (TSX: CSU) today
announced that its People Transportation Division operating as
Modaxo, has completed the acquisition of the Curbside Management
and Public Safety Businesses from Conduent Incorporated (Nasdaq:
CNDT).
The Curbside Management business, now doing business as
Trellint, provides parking management systems to the public sector,
while the Public Safety business, now doing business as Elovate,
provides traffic management solutions such as automated photo
enforcement for speed and red-light violations processing to its
government clients.
About ModaxoModaxo is a global technology
organization passionate about moving the world’s people. Working
both together and independently, our collective of businesses are
committed to delivering software and technology solutions that help
connect people with the places they need to go for work, family,
and everyday life. Learn more at Modaxo.com.
About Constellation Software Inc.
Constellation's common shares are listed on the Toronto Stock
Exchange under the symbol "CSU". Constellation acquires, manages,
and builds vertical market software businesses.
For further information: Jamal Baksh, Chief Financial Officer
(416) 861-9677 info@csisoftware.com www.csisoftware.com
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