FW advised Jonas Software (“Jonas”), a subsidiary of TSX-listed Constellation Software Inc. on its acquisition of Tucasi Limited (“Tucasi”).
Tucasi creates software systems that help schools manage income more effectively. Their systems are designed to reduce workload in the school, create multiple payment options and improve auditability, amongst other things. Tucasi systems are a fully integrated solution for schools and colleges.
Jonas is the leading provider of enterprise management software solutions to the Club, Foodservice, Construction, Leisure Fitness & Sports, Attractions, Metal Service Centers, Moving & Storage, Education and Radiology/Laboratory Information Systems industries. Within these nine vertical markets, Jonas boasts 29 distinct brands, all of which are respected and longstanding leaders within their own domain.
Working closely with Jonas’ excellent in-house legal team, corporate partner Richie Clark led the FW team, principally assisted by corporate associates Sharon O’Donnell and Mary Elliott, tax partner Emma Bailey, tax associate Jaspal Pachu and real estate senior associate Rebecca Watkins. Coffin Mew LLP acted for the sellers.
Richie Clark commented “Once again, we were delighted to assist Jonas on another acquisition to further its strategy of becoming the brand leader in each of its chosen fields.”