Operating Company Software

CORA Group

Warminster, Pennsylvania, United States

CORA Group is a software acquisitions and decentralized operating group that acquires and scales vertical-market software businesses while allowing acquired companies to maintain autonomy within CORA’s operating model (within the broader Constellation Software/“Jonas Software” ecosystem).

Focus Areas
Vertical-market software

Tracked deals

4

4 tracked deals across 2023-2026.

Recent pace

1

1 tracked deal announced in the last 12 months.

Deal mix

Buyout

3 buyout · 1 divestiture

CORA Group Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for CORA Group. 1 2023 2 2024 ~1 est. 1 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Buyer
    CORA Group
    Target
    Finastra’s U.S. Mid-Market banking business (including Phoenix Core Banking System, MalauzAi Digital Banking, Analyzer IQ, and ECM)
    Seller
    Finastra
    Industry
    Software
    Location
    United States

    CORA Group (portfolio of Jonas Software within Constellation Software) acquired Finastra’s U.S. mid-market banking business, including the Phoenix core banking system and related digital banking and analytics solutions. The acquired suite includes MalauzAi Digital Banking, Analyzer IQ, and Enterprise Content Management (ECM), which serve community banks and credit unions across the United States.

  • Buyer
    CORA Group
    Target
    Volanté Systems
    Industry
    Cloud & SaaS
    Location
    Ontario, Canada
    Type
    Buyout

    CORA Group has acquired Volanté Systems, a cloud-based POS and management software provider for the food service industry. Volanté will operate as a standalone brand with CEO Sunil Selby remaining in place as the company joins CORA's portfolio to expand its food-service SaaS capabilities.

  • Buyer
    C&R Software
    Target
    SpringFour
    Type
    Buyout

    C&R Software, part of the CORA Group, has acquired SpringFour, a pioneering financial-health fintech, to bolster its collections, recovery and financial health capabilities. SpringFour will continue to operate as a standalone brand under CEO Rochelle Nawrocki Gorey, and the acquisition is intended to expand SpringFour's reach and enhance C&R's product offering for clients worldwide.

  • Buyer
    CORA Group, Constellation Software Inc.
    Target
    WebRecon LLC
    Industry
    Software
    Type
    Buyout

    CORA Group, a subsidiary of Constellation Software Inc., has acquired WebRecon LLC, a Grand Rapids, Michigan–based provider of litigation tracking and consumer risk management software for the credit and collection industry. The acquisition adds WebRecon to CORA/Constellation's portfolio of vertical-market software companies and is intended to expand CORA Group's capabilities in litigation tracking and consumer risk management; Corporate Advisory Solutions acted as exclusive M&A adviser to WebRecon.

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