8th August 2022
Volaris Group (https://www.volarisgroup.com/), a Canadian software operating group and division of Constellation Software, Inc. (TSX: CSU) (https://www.csisoftware.com/), has acquired Technology Blueprint Ltd. (https://www.technologyblueprint.co.uk/) a U.K. market leading Lettings, Property Management and Client Accounts software platform, based in the U.K. and India.
Technology Blueprint, or TBL as they are fondly known, is the company behind the well regarded PropCo and CheckDocs products. The company, founded by Vik Tara and colleagues, provides software solutions to residential Lettings and Property Management agencies. The current management team will remain in post.
Volaris Group and Constellation Software are well known long-hold owners and operators of niche vertical software businesses. They have a strong global footprint in the real estate technology sector, with solutions spanning residential, student, mortgage and insurance.
Lerner Associates was pleased to act as the exclusive buy-side M&A advisor to Volaris having introduced the buyer and seller and then seen through the full transaction process, recognising our longstanding relationships with all parties.