Vela Software (Constellation Software) Acquires Monitor Management Control Systems Ltd

July 21, 2022

Vela Software Group, an operating group of Constellation Software Inc., has acquired Monitor Management Control Systems Ltd and will integrate the business into its Ascertra product family. Monitor provides project cost and performance management software, training, and consulting for capital projects across oil & gas, infrastructure, power, mining and construction; the deal is intended to broaden Ascertra’s product set and extend Monitor’s global reach.

Buyers
Vela Software Group, Constellation Software Inc.
Targets
Monitor Management Control Systems Ltd.
Platforms
Ascertra
Industry
Software
Location
Scotland, United Kingdom
Transaction Type
Addon

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