Juniper Group to Acquire Majority Interest in Derbysoft

Juniper Group, an operating group of Vela Software within Constellation Software, has entered into a definitive agreement to acquire a majority interest in Derbysoft Holdings Limited, the ultimate parent of DerbySoft Inc. Completion is subject to customary closing conditions and regulatory approvals.

Key executive team members will retain a minority stake and will enter into a shareholders’ agreement with Juniper Group to manage Derbysoft’s governance going forward.